SPRUCE BIOSCIENCES INC (SPRB) Stock Technical Analysis
NASDAQ:SPRB • US85209E2081
Taking everything into account, SPRB scores 2 out of 10 in our technical rating. Although SPRB is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- SPRB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month SPRB has a been trading in the 48.08 - 86.94 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- SPRB is one of the better performing stocks in the Biotechnology industry, it outperforms 100% of 521 stocks in the same industry.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- Looking at the yearly performance, SPRB did better than 99% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
The technical rating of SPRB is bad and it also does not present a 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
49.22
2 important resistance areas can be observed.
- A resistance zone ranging from 78.37 to 78.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @81.52 from a trend line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for SPRB is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SPRB is down. |
| ChartMill Relative Strength | 99.99 | POSITIVE | SPRB has a high relative strength, it outperformed 99.99% 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) | DOWN | NEGATIVE | The current price of SPRB is below a declining 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) | 29.15 | OVERSOLD | The low RSI value suggests SPRB may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.06 | NEGATIVE | The MACD value suggests SPRB has a negative trend. |
| Stochastics (14,3) | 6.67 | OVERSOLD | The low Stochastics value suggests SPRB may be oversold. |
| Average True Range in percent/ATR (20) | 15.11 | HIGH VOLATILITY | The high ATR as a percentage value for SPRB suggests high volalility. |
| Average Directional Index/ADX (14) | 19.2 | NEGATIVE | The low ADX value for SPRB suggests a weak or negative trend. |
NASDAQ:SPRB (2/20/2026, 8:05:48 PM)
49.72
-2.9 (-5.51%)
SPRUCE BIOSCIENCES INC / SPRB FAQ
Can you provide the ChartMill technical rating for SPRUCE BIOSCIENCES INC?
ChartMill assigns a technical rating of 2 / 10 to SPRB.
Can you provide the trend direction for SPRUCE BIOSCIENCES INC?
The current trend direction for SPRUCE BIOSCIENCES INC (SPRB) is Bearish.
What is the RSI signal for SPRB stock?
SPRUCE BIOSCIENCES INC (SPRB) has an RSI value of 29.1545. This indicates that the stock is currently oversold.
What is the MACD signal for SPRUCE BIOSCIENCES INC (SPRB) stock?
The MACD indicator for SPRUCE BIOSCIENCES INC (SPRB) has a value of -3.06257, indicating a bearish trend.
Can you provide the short term momentum for SPRUCE BIOSCIENCES INC?
The short term momentum for SPRUCE BIOSCIENCES INC (SPRB) is negative.