SPRUCE BIOSCIENCES INC (SPRB) Technical Analysis
NASDAQ:SPRB • US85209E2081
Current stock price
SPRB Technical Rating and Analysis
Taking everything into account, SPRB scores 4 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- SPRB is part of the Biotechnology industry. There are 517 other stocks in this industry. SPRB outperforms 100% of them.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- Looking at the yearly performance, SPRB did better than 100% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- In the last month SPRB has a been trading in the 55.89 - 80.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SPRB Weekly and Daily overview Charts
SPRB Setup Rating and Analysis
Although the technical rating is only medium, SPRB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
SPRB Support and Resistance Analysis
57.81
We found 2 important support areas.
- Support @61.97 from a trend line in the daily time frame.
- A support zone ranging from 58.39 to 58.40. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 64.19 to 64.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 65.90 to 66.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @68.08 from a trend line in the daily time frame.
- A resistance zone ranging from 69.97 to 70.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
SPRB Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for SPRB is neutral. |
| 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) | UP | POSITIVE | The current price of SPRB is above the rising 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) | 49.61 | NEUTRAL | The RSI value for SPRB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests SPRB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 35.42 | NEUTRAL | The Stochastics value for SPRB is a neutral value. |
| Average True Range in percent/ATR (20) | 10.49 | HIGH VOLATILITY | The high ATR as a percentage value for SPRB suggests high volalility. |
| Average Directional Index/ADX (14) | 10.46 | NEGATIVE | The low ADX value for SPRB suggests a weak or negative trend. |
SPRB Chart- and CandleStick Pattern Analysis
SPRB Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:SPRB (4/10/2026, 4:30:03 PM)
63.63
-2.38 (-3.61%)
SPRUCE BIOSCIENCES INC / SPRB TA FAQ
Can you provide the ChartMill technical rating for SPRUCE BIOSCIENCES INC?
ChartMill assigns a technical rating of 4 / 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 SPRUCE BIOSCIENCES INC (SPRB) stock?
SPRUCE BIOSCIENCES INC (SPRB) has an RSI value of 49.6103. This indicates that the stock is currently neutral.
What is the MACD signal for SPRB stock?
The MACD indicator for SPRUCE BIOSCIENCES INC (SPRB) has a value of 0.220178, indicating a bearish trend.
What is the support and resistance level for SPRB stock?
SPRUCE BIOSCIENCES INC (SPRB) has a support level at 61.97 and a resistance level at 64.19. Check the full technical report for our detailed analysis of SPRB support and resistance levels.