We assign a technical rating of 0 out of 10 to SPRC. 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.
The technical rating of SPRC 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
1.45
We can see 2 important resistance areas.
- Resistance @1.65 from a trend line in the daily time frame.
- A resistance zone ranging from 1.77 to 1.77. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 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 | 2.18 | NEGATIVE | SPRC has a low relative strength, it was outperformed by 97.82% 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) | 29.96 | OVERSOLD | The low RSI value suggests SPRC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SPRC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 1.98 | OVERSOLD | The low Stochastics value suggests SPRC may be oversold. |
| Average True Range in percent/ATR (20) | 19.26 | HIGH VOLATILITY | The high ATR as a percentage value for SPRC suggests high volalility. |
| Average Directional Index/ADX (14) | 9.41 | NEGATIVE | The low ADX value for SPRC suggests a weak or negative trend. |
1.46
-0.06 (-3.95%)
SCISPARC LTD / SPRC FAQ
Can you provide the ChartMill technical rating for SCISPARC LTD?
ChartMill assigns a technical rating of 0 / 10 to SPRC.
Can you provide the trend direction for SCISPARC LTD?
The current trend direction for SCISPARC LTD (SPRC) is Bearish.
Can you provide the RSI signal for SCISPARC LTD?
SCISPARC LTD (SPRC) has an RSI value of 29.964. This indicates that the stock is currently oversold.
What is the MACD signal for SCISPARC LTD (SPRC) stock?
The MACD indicator for SCISPARC LTD (SPRC) has a value of 0.0052023, indicating a bearish trend.
Can you provide the buy/sell signal for SCISPARC LTD?
The buy/sell signal for SCISPARC LTD (SPRC) is sell as both the short term and long term trends are negative.