Taking everything into account, SPRC scores 0 out of 10 in our technical rating. SPRC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, SPRC does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for SPRC in the last couple of days, which is a good sign.
2.22
When analyzing the resistance we notice 2 important areas.
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 | DOWN | NEGATIVE | The long term trend for SPRC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SPRC is down. |
| ChartMill Relative Strength | 16.04 | NEGATIVE | SPRC has a low relative strength, it was outperformed by 83.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SPRC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SPRC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SPRC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.33 | NEUTRAL | The RSI value for SPRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SPRC has a positive trend. |
| Stochastics (14,3) | 25.24 | NEUTRAL | The Stochastics value for SPRC is a neutral value. |
| Average True Range in percent/ATR (20) | 12.64 | HIGH VOLATILITY | The high ATR as a percentage value for SPRC suggests high volalility. |
| Average Directional Index/ADX (14) | 12.49 | NEGATIVE | The low ADX value for SPRC suggests a weak or negative trend. |
2.24
+0.23 (+11.44%)
ChartMill assigns a technical rating of 0 / 10 to SPRC.
The current trend direction for SCISPARC LTD (SPRC) is Bearish.
SCISPARC LTD (SPRC) has an RSI value of 44.3331. This indicates that the stock is currently neutral.
The MACD indicator for SCISPARC LTD (SPRC) has a value of 0.0373606, indicating a bearish trend.
The buy/sell signal for SCISPARC LTD (SPRC) is sell as both the short term and long term trends are negative.