SPRUCE BIOSCIENCES INC (SPRB)

US85209E1091 - Common Stock

0.75  -0.02 (-2.58%)

After market: 0.7501 +0 (+0.01%)

Technical Rating and Analysis

1

Overall SPRB gets a technical rating of 1 out of 10. SPRB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, SPRB is a bad performer in the overall market: 100% of all stocks are doing better.
SPRB is part of the Biotechnology industry. There are 587 other stocks in this industry, of which 89% are performing better than SPRB.
SPRB is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
SPRB has an average volume of 1606320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SPRB has a been trading in the 0.67 - 0.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
SPRB Weekly chart
SPRB Daily chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

0.68

0.86

When analyzing the support we notice one important area.

  • A support zone ranging from 0.69 to 0.70. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 0.84 to 0.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.73
Mansfield-6.92
10 Day High0.87
10 Day Low0.73
20 Day High0.87
20 Day Low0.67
52 Week High5.95
52 Week Low0.67
Performance
1 Week-9.93%
2 Weeks0.75%
1 Month7.08%
3 Month-85.06%
6 Month-44.44%
12 Month-67.81%
2 Year-51.92%
3 Year-94.69%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.05
RSI(14)33.65
LBB0.69
UBB0.87
SPRB Daily chart

SPRUCE BIOSCIENCES INC

NASDAQ:SPRB (5/17/2024, 7:00:03 PM)

After market: 0.7501 +0 (+0.01%)

0.75

-0.02 (-2.58%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.58%
1 Week-9.93%
2 Weeks0.75%
1 Month7.08%
3 Month-85.06%
6 Month-44.44%
12 Month-67.81%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.04
ATR(20)%5.21%
ATR Inc
Range Today0.03
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.87
10 Day Low0.73
20 Day High0.87
20 Day Low0.67
52 Week High5.95
52 Week Low0.67
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume602.40K
Volume Incr3.57%
Vol(5)575.92K
Vol(50)1.61M