SPRUCE POWER HOLDING CORP (SPRU) Stock Technical Analysis
NYSE:SPRU - US9837FR2091 - Common Stock
1.53 USD
0 (0%)
Taking everything into account, SPRU scores 0 out of 10 in our technical rating. 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, SPRU is a bad performer in the overall market: 93% of all stocks are doing better.
SPRU is part of the Independent Power and Renewable Electricity Producers industry. There are 20 other stocks in this industry, of which 89% are performing better than SPRU.
SPRU 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 SPRU has a been trading in the 1.32 - 1.58 range, which is quite wide. It is currently trading near the high of this range.
SPRU has an average volume of 1663820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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 and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.54. 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. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.38
2.14
We found 2 important support areas.
- A support zone ranging from 1.49 to 1.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.39 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 1.54 to 1.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.62 from a trend line in the daily time frame.
- Resistance @1.67 from a trend line in the weekly time frame.
- Resistance @1.70 from a trend line in the daily time frame.
- Resistance @2.12 from a horizontal 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 | 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 | 7.13 | NEGATIVE | SPRU has a low relative strength, it was outperformed by 92.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SPRU is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SPRU is above a declining 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) | 54.82 | NEUTRAL | The RSI value for SPRU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SPRU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.81 | OVERBOUGHT | The high Stochastics value suggests SPRU may be overbought. |
| Average True Range in percent/ATR (20) | 5.93 | HIGH VOLATILITY | The high ATR as a percentage value for SPRU suggests high volalility. |
| Average Directional Index/ADX (14) | 24.06 | 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 (9/8/2025, 12:14:17 PM)
1.53
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg0%
1 Week5.52%
2 Weeks6.99%
1 Month-1.29%
3 Month-16.85%
6 Month-40.47%
12 Month-42.7%
2 Year-71.87%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%5.93%
ATR Inc-6.49%
Range Today0.09
ADR(20)0.09
ADR(20)%5.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.13
Mansfield-3.76
10 Day High1.58
10 Day Low1.41
20 Day High1.58
20 Day Low1.32
52 Week High3.25
52 Week Low1.13
CS1 End1.52
CR1 Start1.54
Volume & EV
DER(3)18.08%
DER(5)15.78%
Volume16.46K
Volume Incr-98.25%
Vol(5)70.05K
Vol(50)1.66M