Support.com Inc (SPRT) Stock Technical Analysis
NASDAQ:SPRT - Nasdaq - US86858W1018
Taking everything into account, SPRT scores 10 out of 10 in our technical rating. 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 short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, SPRT did better than 99% of all other stocks. On top of that, SPRT also shows a nice and consistent pattern of rising prices.
SPRT is part of the Software industry. There are 282 other stocks in this industry. SPRT outperforms 98% of them.
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 has an excellent technical rating, but 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
11.68
21.80
We found 1 important resistance area.
- Resistance @21.58 from a trend line in the daily 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 | 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. |
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)
11.8
-7.3 (-38.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-38.22%
1 Week-38.86%
2 Weeks-67.57%
1 Month50.51%
3 Month193.53%
6 Month451.4%
12 Month537.84%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)8.92
ATR(20)%57.65%
ATR Inc-32.24%
Range Today7.18
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.35
Mansfield14.16
10 Day High36.39
10 Day Low11.55
20 Day High59.69
20 Day Low7.5
52 Week High59.69
52 Week Low1.62
CS1 EndN/A
CR1 Start21.58
Volume & EV
DER(3)-3.52%
DER(5)0.15%
Volume50.18M
Volume Incr-3.6%
Vol(5)38.06M
Vol(50)23.44M