SPRUCE POWER HOLDING CORP (SPRU) Stock Technical Analysis
NYSE:SPRU - New York Stock Exchange, Inc. - US9837FR2091 - Common Stock - Currency: USD
Overall SPRU gets a technical rating of 1 out of 10. SPRU's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, SPRU is a bad performer in the overall market: 91% of all stocks are doing better.
SPRU is part of the Independent Power and Renewable Electricity Producers industry. There are 19 other stocks in this industry, of which 77% are performing better than SPRU.
SPRU 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 SPRU is lagging the market.
In the last month SPRU has a been trading in the 1.81 - 2.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, SPRU does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.94. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for SPRU in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.82
2.17
When analyzing the support we notice one important area.
- Support @1.84 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.94 to 1.95. 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 2.12 to 2.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 SPRU is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SPRU is neutral. |
| ChartMill Relative Strength | 9.53 | NEGATIVE | SPRU has a low relative strength, it was outperformed by 90.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SPRU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SPRU is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SPRU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.22 | NEUTRAL | The RSI value for SPRU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SPRU has a positive trend. |
| Stochastics (14,3) | 33.49 | NEUTRAL | The Stochastics value for SPRU is a neutral value. |
| Average True Range in percent/ATR (20) | 5.16 | HIGH VOLATILITY | The high ATR as a percentage value for SPRU suggests high volalility. |
| Average Directional Index/ADX (14) | 22.21 | NEUTRAL | The ADX value for SPRU suggests a possible start of a new 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)
NYSE:SPRU (6/17/2025, 8:18:51 PM)
1.93
-0.01 (-0.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-0.52%
1 Week1.58%
2 Weeks-3.02%
1 Month-2.03%
3 Month-19.92%
6 Month-34.13%
12 Month-39.31%
2 Year-70.28%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%5.16%
ATR Inc45.04%
Range Today0.12
ADR(20)0.1
ADR(20)%5.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.53
Mansfield-2.89
10 Day High1.99
10 Day Low1.81
20 Day High2.09
20 Day Low1.81
52 Week High3.68
52 Week Low1.42
CS1 End1.84
CR1 Start1.94
Volume & EV
DER(3)4.02%
DER(5)6.03%
Volume99.20K
Volume Incr-59.4%
Vol(5)41.90K
Vol(50)83.85K