Spreadtrum Communications (SPRD) Technical Analysis
NASDAQ:SPRD
Current stock price
SPRD Technical Rating and Analysis
Taking everything into account, SPRD scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, SPRD has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that SPRD is one of the better performing stocks in the market, outperforming 91% of all stocks. We also observe that the gains produced by SPRD over the past year are nicely spread over this period.
- A new 52 week high is currently being made by SPRD, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so SPRD is leading the market.
- In the last month SPRD has a been trading in a tight range between 30.51 and 30.96.
SPRD Weekly and Daily overview Charts
SPRD Setup Rating and Analysis
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
SPRD Support and Resistance Analysis
30.18
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.
SPRD Technical Indicator Signal Analysis
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. |
SPRD Chart- and CandleStick Pattern Analysis
SPRD Technicals: Chart, Performance Metrics, Trend & Indicators
30.93
-0.01 (-0.03%)
Spreadtrum Communications / SPRD TA FAQ
What is the technical rating for SPRD stock?
ChartMill assigns a technical rating of 9 / 10 to SPRD.
What is the trend direction for SPRD stock?
The current trend direction for Spreadtrum Communications (SPRD) is Bullish.
What is the RSI signal for SPRD stock?
Spreadtrum Communications (SPRD) has an RSI value of 69.2314. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for Spreadtrum Communications?
The buy/sell signal for Spreadtrum Communications (SPRD) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for Spreadtrum Communications (SPRD) stock?
Spreadtrum Communications (SPRD) has a support level at 30.85 and a resistance level at 30.95. Check the full technical report for our detailed analysis of SPRD support and resistance levels.