SPERO THERAPEUTICS INC (SPRO) Technical Analysis
NASDAQ:SPRO • US84833T1034
Current stock price
2.37 USD
-0.04 (-1.66%)
At close:
2.47 USD
+0.1 (+4.22%)
After Hours:
SPRO Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to SPRO. In the last year, SPRO was one of the better performers, but we do observe some doubts in the very recent evolution.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- SPRO is part of the Biotechnology industry. There are 519 other stocks in this industry. SPRO outperforms 89% of them.
- SPRO is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SPRO is performing more or less in line with the market.
- Looking at the yearly performance, SPRO did better than 97% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- In the last month SPRO has a been trading in the 2.11 - 2.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SPRO Weekly and Daily overview Charts
SPRO Setup Rating and Analysis
SPRO has an average technical rating and also the quality of the setup is only medium 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
SPRO Support and Resistance Analysis
2.11
2.70
5 important support areas can be observed.
- A support zone ranging from 2.36 to 2.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.31 from a trend line in the weekly time frame.
- Support @2.25 from a trend line in the daily time frame.
- A support zone ranging from 2.20 to 2.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.13 to 2.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 2.38 to 2.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 2.56 to 2.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.66 to 2.67. This zone is formed by a combination of multiple trend lines in the daily time frame.
SPRO 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 SPRO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SPRO is neutral. |
| ChartMill Relative Strength | 97.37 | POSITIVE | SPRO has a high relative strength, it outperformed 97.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SPRO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SPRO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SPRO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.85 | NEUTRAL | The RSI value for SPRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SPRO has a negative trend. |
| Stochastics (14,3) | 34.03 | NEUTRAL | The Stochastics value for SPRO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.01 | HIGH VOLATILITY | The high ATR as a percentage value for SPRO suggests high volalility. |
| Average Directional Index/ADX (14) | 20.5 | NEUTRAL | The ADX value for SPRO suggests a possible start of a new trend. |
SPRO Chart- and CandleStick Pattern Analysis
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)
SPRO Technicals: Chart, Performance Metrics, Trend & Indicators
2.37
-0.04 (-1.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.66%
1 Week-4.05%
2 Weeks-8.49%
1 Month7.24%
3 Month2.16%
6 Month25.4%
12 Month209.2%
2 Year37.79%
3 Year63.45%
5 Year-83.9%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%5.01%
ATR Inc-4.48%
Range Today0.14
ADR(20)0.12
ADR(20)%4.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.37
3 months CRS76.52
6 months CRS90.29
Mansfield1.42
10 Day High2.7
10 Day Low2.29
20 Day High2.7
20 Day Low2.11
52 Week High3.22
52 Week Low0.51
CS1 End2.36
CR1 Start2.38
Volume & EV
DER(3)-0.17%
DER(5)-2.33%
Volume482.60K
Volume Incr-9.11%
Vol(5)295.78K
Vol(50)316.88K
SPERO THERAPEUTICS INC / SPRO TA FAQ
What is the ChartMill technical rating of SPERO THERAPEUTICS INC (SPRO) stock?
ChartMill assigns a technical rating of 6 / 10 to SPRO.
Can you provide the trend direction for SPERO THERAPEUTICS INC?
The current trend direction for SPERO THERAPEUTICS INC (SPRO) is Bullish.
What is the RSI signal for SPRO stock?
SPERO THERAPEUTICS INC (SPRO) has an RSI value of 47.8524. This indicates that the stock is currently neutral.
What is the short term momentum for SPERO THERAPEUTICS INC (SPRO) stock?
The short term momentum for SPERO THERAPEUTICS INC (SPRO) is neutral.