We assign a technical rating of 6 out of 10 to SPRB. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
SPRB has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
79.19
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for SPRB is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SPRB is down. |
| ChartMill Relative Strength | 100 | POSITIVE | SPRB has a high relative strength, it outperformed 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SPRB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SPRB is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPRB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.71 | NEUTRAL | The RSI value for SPRB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.27 | NEGATIVE | The MACD value suggests SPRB has a negative trend. |
| Stochastics (14,3) | 23.85 | NEUTRAL | The Stochastics value for SPRB is a neutral value. |
| Average True Range in percent/ATR (20) | 17.83 | HIGH VOLATILITY | The high ATR as a percentage value for SPRB suggests high volalility. |
| Average Directional Index/ADX (14) | 19.16 | NEGATIVE | The low ADX value for SPRB suggests a weak or negative trend. |
79.99
-10.45 (-11.55%)
SPRUCE BIOSCIENCES INC / SPRB FAQ
Can you provide the ChartMill technical rating for SPRUCE BIOSCIENCES INC?
ChartMill assigns a technical rating of 6 / 10 to SPRB.
What is the trend direction for SPRB stock?
The current trend direction for SPRUCE BIOSCIENCES INC (SPRB) is Bullish.
What is the RSI signal for SPRB stock?
SPRUCE BIOSCIENCES INC (SPRB) has an RSI value of 37.7114. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SPRUCE BIOSCIENCES INC?
The MACD indicator for SPRUCE BIOSCIENCES INC (SPRB) has a value of -3.27006, indicating a bearish trend.
What is the short term momentum for SPRUCE BIOSCIENCES INC (SPRB) stock?
The short term momentum for SPRUCE BIOSCIENCES INC (SPRB) is negative.