ARS PHARMACEUTICALS INC (SPRY) Stock Technical Analysis
USA - NASDAQ:SPRY - US82835W1080 - Common Stock
Taking everything into account, SPRY scores 0 out of 10 in our technical rating. SPRY'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 technical rating of SPRY is bad and it also does not present a 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
8.53
We can see 3 important resistance areas.
- A resistance zone ranging from 9.16 to 9.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @9.49 from a trend line in the weekly time frame.
- A resistance zone ranging from 9.94 to 9.98. This zone is formed by a combination of multiple trend lines and important moving averages 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 SPRY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SPRY is down. |
| ChartMill Relative Strength | 3.08 | NEGATIVE | SPRY has a low relative strength, it was outperformed by 96.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SPRY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SPRY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SPRY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.43 | NEUTRAL | The RSI value for SPRY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests SPRY has a negative trend. |
| Stochastics (14,3) | 9.7 | OVERSOLD | The low Stochastics value suggests SPRY may be oversold. |
| Average True Range in percent/ATR (20) | 6.43 | HIGH VOLATILITY | The high ATR as a percentage value for SPRY suggests high volalility. |
| Average Directional Index/ADX (14) | 25.34 | POSITIVE | The high ADX value value for SPRY suggests a strong trend. |
8.62
-0.34 (-3.79%)
ARS PHARMACEUTICALS INC / SPRY FAQ
Can you provide the ChartMill technical rating for ARS PHARMACEUTICALS INC?
ChartMill assigns a technical rating of 0 / 10 to SPRY.
What is the current trend direction of ARS PHARMACEUTICALS INC (SPRY) stock?
The current trend direction for ARS PHARMACEUTICALS INC (SPRY) is Bearish.
What is the RSI signal for SPRY stock?
ARS PHARMACEUTICALS INC (SPRY) has an RSI value of 33.4259. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ARS PHARMACEUTICALS INC?
The short term momentum for ARS PHARMACEUTICALS INC (SPRY) is negative.
What are the support and resistance levels for ARS PHARMACEUTICALS INC (SPRY) stock?
ARS PHARMACEUTICALS INC (SPRY) has a resistance level at 9.16. Check the full technical report for our detailed analysis of SPRY support and resistance levels.