SPARQ SYSTEMS INC (SPRQ.CA) Stock Technical Analysis
TSX-V:SPRQ - TSX Venture Exchange - CA84657W1095 - Common Stock - Currency: CAD
We assign a technical rating of 1 out of 10 to SPRQ. SPRQ has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
SPRQ is part of the Electrical Equipment industry. There are 16 other stocks in this industry, of which 66% are performing better than SPRQ.
SPRQ is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SPRQ is lagging the market.
In the last month SPRQ has a been trading in the 0.71 - 0.85 range, which is quite wide. It is currently trading near the lows of this range.
When compared to the yearly performance of all other stocks, SPRQ outperforms 41% of them, which is more or less in line with the market.
Considerably lower volume is observed in the last couple of days.
SPRQ has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.71, a Stop Loss order could be placed below this zone.
More info and screens
0.69
0.83
When analyzing the support we notice one important area.
- A support zone ranging from 0.70 to 0.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.72 to 0.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.78 to 0.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.82 from a horizontal line in the weekly 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 SPRQ.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SPRQ.CA is down. |
| ChartMill Relative Strength | 41.09 | NEUTRAL | SPRQ.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SPRQ.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SPRQ.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SPRQ.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.81 | NEUTRAL | The RSI value for SPRQ.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SPRQ.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.14 | OVERSOLD | The low Stochastics value suggests SPRQ.CA may be oversold. |
| Average True Range in percent/ATR (20) | 5.45 | HIGH VOLATILITY | The high ATR as a percentage value for SPRQ.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 7.39 | NEGATIVE | The low ADX value for SPRQ.CA suggests a weak or negative 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)
TSX-V:SPRQ (7/31/2025, 7:00:00 PM)
0.72
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg0%
1 Week-6.49%
2 Weeks-4%
1 Month-14.29%
3 Month-15.29%
6 Month-36.28%
12 Month26.32%
2 Year453.85%
3 Year60%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%5.45%
ATR Inc-59.22%
Range Today0.01
ADR(20)0.03
ADR(20)%4.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.09
Mansfield-2.2
10 Day High0.82
10 Day Low0.71
20 Day High0.85
20 Day Low0.71
52 Week High1.88
52 Week Low0.57
CS1 End0.71
CR1 Start0.72
Volume & EV
DER(3)-291.45%
DER(5)-191.2%
Volume18.53K
Volume Incr-87.14%
Vol(5)21.25K
Vol(50)115.30K