Spreadtrum Communications (SPRD) Stock Technical Analysis
USA - NASDAQ:SPRD -
30.93
-0.01 (-0.03%)
30.96
+0.03 (+0.1%)
We assign a technical rating of 10 out of 10 to SPRD. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SPRD is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, SPRD did better than 91% of all other stocks. On top of that, SPRD also shows a nice and consistent pattern of rising prices.
SPRD is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month SPRD has a been trading in a tight range between 30.51 and 30.96.
Although SPRD has an excellent technical rating, it does not offer a high 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
30.18
31.26
When analyzing the support we notice one important area.
- A support zone ranging from 30.48 to 30.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- Strong resistance @30.95 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 | UP | POSITIVE | The long term trend for SPRD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPRD is up. |
| ChartMill Relative Strength | 91.74 | POSITIVE | SPRD has a high relative strength, it outperformed 91.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPRD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPRD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPRD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.23 | NEUTRAL | The RSI value for SPRD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SPRD has a positive trend, although the MACD value is declining. |
| Average True Range in percent/ATR (20) | 0.34 | LOW VOLATILITY | The low ATR as a percentage value for SPRD suggests low volalility. |
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)
30.93
-0.01 (-0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.03%
1 Week0.03%
2 Weeks1.14%
1 Month0.55%
3 Month1.68%
6 Month17.83%
12 Month78.48%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%0.34%
ATR Inc-56.85%
Range Today0.05
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.74
Mansfield1.41
10 Day High30.96
10 Day Low30.52
20 Day High30.96
20 Day Low30.51
52 Week High30.96
52 Week Low14.98
CS1 End30.85
CR1 Start30.95
Volume & EV
DER(3)3.18%
DER(5)1.4%
Volume1.00M
Volume Incr-6.26%
Vol(5)611.78K
Vol(50)588.38K