ARS PHARMACEUTICALS INC (SPRY) Stock Technical Analysis
NASDAQ:SPRY - Nasdaq - US82835W1080 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to SPRY. 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 95% of 560 stocks in the same industry.
In the last month SPRY has a been trading in the 11.65 - 15.49 range, which is quite wide. It is currently trading near the high of this range.
SPRY has an average volume of 1832890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SPRY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SPRY is lagging the market slightly.
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
11.20
15.16
We found 4 important support areas.
- A support zone ranging from 13.43 to 13.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.44 from a trend line in the daily time frame.
- Support @11.78 from a trend line in the weekly time frame.
- Support @11.31 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 14.88 to 15.01. This zone is formed by a combination of multiple trend lines 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 SPRY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPRY is up. |
| ChartMill Relative Strength | 95.75 | POSITIVE | SPRY has a high relative strength, it outperformed 95.75% 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) | 59.53 | NEUTRAL | The RSI value for SPRY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests SPRY has a positive trend. |
| Stochastics (14,3) | 84.05 | OVERBOUGHT | The high Stochastics value suggests SPRY may be overbought. |
| Average True Range in percent/ATR (20) | 5.47 | HIGH VOLATILITY | The high ATR as a percentage value for SPRY suggests high volalility. |
| Average Directional Index/ADX (14) | 19.92 | NEGATIVE | The low ADX value for SPRY suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 15.02 | 13.42 | 1.60 (10.65%) | 9.39% |
| An entry @15.02. This is a Buy Stop order right above the resistance zone. | An exit @13.42. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.60 points, which is 10.65%. | For a 1.00% total portfolio risk, you can invest 9.39% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
14.85
+0.23 (+1.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.57%
1 Week3.63%
2 Weeks11.24%
1 Month6.68%
3 Month41.7%
6 Month2.34%
12 Month67.23%
2 Year113.36%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.86
ATR(20)%5.47%
ATR Inc-11.51%
Range Today0.53
ADR(20)0.77
ADR(20)%5.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.75
Mansfield1.47
10 Day High15.49
10 Day Low11.65
20 Day High15.49
20 Day Low11.65
52 Week High18.51
52 Week Low7.55
CS1 End13.97
CR1 Start14.88
Volume & EV
DER(3)6.34%
DER(5)3.49%
Volume963.00K
Volume Incr1.2%
Vol(5)1.37M
Vol(50)1.83M