We assign a technical rating of 2 out of 10 to SPRO. Although SPRO is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of SPRO 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.
2.12
3 important resistance areas can be observed.
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 | NEUTRAL | NEUTRAL | The long term trend for SPRO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SPRO is down. |
| ChartMill Relative Strength | 95.16 | POSITIVE | SPRO has a high relative strength, it outperformed 95.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SPRO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SPRO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPRO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.95 | NEUTRAL | The RSI value for SPRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests SPRO has a negative trend. |
| Stochastics (14,3) | 12.12 | OVERSOLD | The low Stochastics value suggests SPRO may be oversold. |
| Average True Range in percent/ATR (20) | 4.8 | MEDIUM VOLATILITY | The ATR as a percentage value for SPRO suggests some volalility. |
| Average Directional Index/ADX (14) | 23.12 | NEUTRAL | The ADX value for SPRO suggests a possible start of a new trend. |
2.14
-0.09 (-4.04%)
ChartMill assigns a technical rating of 2 / 10 to SPRO.
The current trend direction for SPERO THERAPEUTICS INC (SPRO) is Bearish.
SPERO THERAPEUTICS INC (SPRO) has an RSI value of 34.9477. This indicates that the stock is currently neutral.
The short term momentum for SPERO THERAPEUTICS INC (SPRO) is negative.