ARS PHARMACEUTICALS INC (SPRY) Stock Technical Analysis
NASDAQ:SPRY - Nasdaq - US82835W1080 - Common Stock - Currency: USD
Taking everything into account, SPRY scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, SPRY 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!
When comparing the yearly performance of all stocks, we notice that SPRY is one of the better performing stocks in the market, outperforming 95% of all stocks.
SPRY is one of the better performing stocks in the Biotechnology industry, it outperforms 94% of 557 stocks in the same industry.
SPRY is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SPRY is performing more or less in line with the market.
In the last month SPRY has a been trading in the 13.28 - 16.23 range, which is quite wide. It is currently trading near the high of this range.
SPRY has an average volume of 1398540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SPRY 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
11.39
16.07
5 important support areas can be observed.
- A support zone ranging from 14.20 to 14.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.00 from a trend line in the daily time frame.
- Support @12.33 from a horizontal line in the daily time frame.
- Support @12.08 from a trend line in the weekly time frame.
- Support @11.51 from a trend line in the weekly 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 SPRY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPRY is up. |
| ChartMill Relative Strength | 95.58 | POSITIVE | SPRY has a high relative strength, it outperformed 95.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPRY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPRY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPRY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.17 | NEUTRAL | The RSI value for SPRY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests SPRY has a positive trend. |
| Stochastics (14,3) | 77.22 | NEUTRAL | The Stochastics value for SPRY is a neutral value. |
| Average True Range in percent/ATR (20) | 4.92 | MEDIUM VOLATILITY | The ATR as a percentage value for SPRY suggests some volalility. |
| Average Directional Index/ADX (14) | 21.04 | NEUTRAL | The ADX value for SPRY 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)
15.91
+1.09 (+7.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg7.35%
1 Week10.95%
2 Weeks15.12%
1 Month11.03%
3 Month28.72%
6 Month42.31%
12 Month94.74%
2 Year137.46%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.79
ATR(20)%4.92%
ATR Inc21.11%
Range Today1.43
ADR(20)0.77
ADR(20)%4.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.58
Mansfield1.79
10 Day High16.23
10 Day Low13.28
20 Day High16.23
20 Day Low13.28
52 Week High18.51
52 Week Low7.55
CS1 End14.72
CR1 StartN/A
Volume & EV
DER(3)0.5%
DER(5)0.29%
Volume2.73M
Volume Incr-1.88%
Vol(5)1.39M
Vol(50)1.40M