SPARX TECHNOLOGY INC (SPRX.CA) Stock Technical Analysis
TSX-V:SPRX - TSX Venture Exchange - CA84724T1057 - Common Stock - Currency: CAD
Taking everything into account, SPRX scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, SPRX has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
SPRX is part of the Software industry. There are 60 other stocks in this industry. SPRX outperforms 100% of them.
Looking at the yearly performance, SPRX did better than 99% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
SPRX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SPRX is lagging the market.
In the last month SPRX has a been trading in the 0.13 - 0.24 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 SPRX has an excellent technical rating, it does not offer a high quality setup 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
0.17
0.18
We found 1 important resistance area.
- A resistance zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for SPRX.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPRX.CA is up. |
| ChartMill Relative Strength | 99.88 | POSITIVE | SPRX.CA has a high relative strength, it outperformed 99.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SPRX.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPRX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPRX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.66 | NEUTRAL | The RSI value for SPRX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SPRX.CA has a negative trend. |
| Stochastics (14,3) | 4.44 | OVERSOLD | The low Stochastics value suggests SPRX.CA may be oversold. |
| Average True Range in percent/ATR (20) | 10.57 | HIGH VOLATILITY | The high ATR as a percentage value for SPRX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 33.34 | POSITIVE | The high ADX value value for SPRX.CA suggests a strong 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:SPRX (11/21/2024, 7:00:00 PM)
0.175
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0%
1 Week-28.57%
2 Weeks-2.78%
1 Month45.83%
3 Month1650%
6 Month600%
12 Month45.83%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%10.57%
ATR Inc-100%
Range Today0
ADR(20)0
ADR(20)%0.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.88
Mansfield-10
10 Day High0.25
10 Day Low0.18
20 Day High0.25
20 Day Low0.13
52 Week High0.3
52 Week Low0.01
CS1 EndN/A
CR1 Start0.18
Volume & EV
DER(3)0%
DER(5)0%
Volume716
Volume Incr-58.06%
Vol(5)2.34K
Vol(50)49.30K