We assign a technical rating of 6 out of 10 to SPRY. SPRY has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
SPRY has an average technical rating and also 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
9.71
When analyzing the support we can see 2 important areas.
- Support @10.47 from a trend line in the daily time frame.
- Support @9.81 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 11.49 to 11.49. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for SPRY is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPRY is up. |
| ChartMill Relative Strength | 73.8 | POSITIVE | SPRY has a high relative strength, it outperformed 73.8% 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) | DOWN | NEGATIVE | The current price of SPRY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.87 | NEUTRAL | The RSI value for SPRY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests SPRY has a positive trend. |
| Stochastics (14,3) | 87.16 | OVERBOUGHT | The high Stochastics value suggests SPRY may be overbought. |
| Average True Range in percent/ATR (20) | 5.85 | HIGH VOLATILITY | The high ATR as a percentage value for SPRY suggests high volalility. |
| Average Directional Index/ADX (14) | 31.05 | POSITIVE | The high ADX value value for SPRY suggests a strong trend. |
11.48
+0.45 (+4.08%)
ARS PHARMACEUTICALS INC / SPRY FAQ
Can you provide the ChartMill technical rating for ARS PHARMACEUTICALS INC?
ChartMill assigns a technical rating of 6 / 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 62.8732. 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 positive.
What are the support and resistance levels for ARS PHARMACEUTICALS INC (SPRY) stock?
ARS PHARMACEUTICALS INC (SPRY) has a support level at 10.47 and a resistance level at 11.49. Check the full technical report for our detailed analysis of SPRY support and resistance levels.