Support.com Inc (SPRT) Technical Analysis
NASDAQ:SPRT • US86858W1018
Current stock price
SPRT Technical Rating and Analysis
Overall SPRT gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SPRT is showing a nice and steady performance.
- SPRT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month SPRT has a been trading in the 7.50 - 59.69 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, SPRT did better than 99% of all other stocks. We also observe that the gains produced by SPRT over the past year are nicely spread over this period.
- SPRT is one of the better performing stocks in the Software industry, it outperforms 100% of 272 stocks in the same industry.
- SPRT has an average volume of 23442600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SPRT Weekly and Daily overview Charts
SPRT Setup Rating and Analysis
Although SPRT has an excellent technical rating, the quality of the presented setup is not ideal 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
SPRT Support and Resistance Analysis
11.68
We found 1 important resistance area.
- Resistance @21.58 from a trend line in the daily time frame.
SPRT 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 SPRT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SPRT is neutral. |
| ChartMill Relative Strength | 99.35 | POSITIVE | SPRT has a high relative strength, it outperformed 99.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SPRT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPRT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPRT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.53 | NEUTRAL | The RSI value for SPRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.21 | NEGATIVE | The MACD value suggests SPRT has a negative trend. |
| Stochastics (14,3) | 13.72 | OVERSOLD | The low Stochastics value suggests SPRT may be oversold. |
| Average True Range in percent/ATR (20) | 57.65 | HIGH VOLATILITY | The high ATR as a percentage value for SPRT suggests high volalility. |
SPRT Chart- and CandleStick Pattern Analysis
SPRT Technicals: Chart, Performance Metrics, Trend & Indicators
11.8
-7.3 (-38.22%)
Support.com Inc / SPRT TA FAQ
Can you provide the ChartMill technical rating for Support.com Inc?
ChartMill assigns a technical rating of 9 / 10 to SPRT.
What is the current trend direction of Support.com Inc (SPRT) stock?
The current trend direction for Support.com Inc (SPRT) is Bullish.
What is the RSI signal for Support.com Inc (SPRT) stock?
Support.com Inc (SPRT) has an RSI value of 43.5272. This indicates that the stock is currently neutral.
What is the short term momentum for Support.com Inc (SPRT) stock?
The short term momentum for Support.com Inc (SPRT) is neutral.