SCISPARC LTD (SPRC) Stock Technical Analysis
NASDAQ:SPRC - Nasdaq - IL0010951403 - Common Stock - Currency: USD
Taking everything into account, SPRC scores 1 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.
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, SPRC is a bad performer in the overall market: 95% of all stocks are doing better.
SPRC is one of the lesser performing stocks in the Pharmaceuticals industry. 74% of 198 stocks in the same industry do better.
SPRC is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so SPRC is lagging the market.
In the last month SPRC has a been trading in the 0.25 - 0.50 range, which is quite wide. It is currently trading near the lows of this range.
SPRC has an average volume of 2510350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, SPRC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
0.27
0.40
We found 3 important support areas.
- Support @0.30 from a trend line in the weekly time frame.
- Support @0.29 from a trend line in the daily time frame.
- A support zone ranging from 0.27 to 0.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @0.35 from a horizontal line in the weekly time frame.
- Resistance @0.36 from a trend line in the daily time frame.
- Resistance @0.40 from a horizontal 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 | 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 | 5.38 | NEGATIVE | SPRC has a low relative strength, it was outperformed by 94.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SPRC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SPRC is above 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) | 47.46 | NEUTRAL | The RSI value for SPRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SPRC has a negative trend. |
| Stochastics (14,3) | 15.22 | OVERSOLD | The low Stochastics value suggests SPRC may be oversold. |
| Average True Range in percent/ATR (20) | 14.18 | HIGH VOLATILITY | The high ATR as a percentage value for SPRC suggests high volalility. |
| Average Directional Index/ADX (14) | 24.97 | NEUTRAL | The ADX value for SPRC suggests a possible start of a new trend. |
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)
0.3075
0 (-0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.81%
1 Week-5.06%
2 Weeks-12.9%
1 Month4.86%
3 Month-31.05%
6 Month25.36%
12 Month-72.79%
2 Year-98.23%
3 Year-99.61%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%14.18%
ATR Inc-31.6%
Range Today0.04
ADR(20)0.04
ADR(20)%12.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.38
Mansfield-2.8
10 Day High0.38
10 Day Low0.27
20 Day High0.5
20 Day Low0.25
52 Week High1.79
52 Week Low0.2
CS1 End0.3
CR1 Start0.35
Volume & EV
DER(3)-6.94%
DER(5)-1.47%
Volume285.32K
Volume Incr-94.71%
Vol(5)314.23K
Vol(50)2.51M