ARS PHARMACEUTICALS INC (SPRY) Technical Analysis
NASDAQ:SPRY • US82835W1080
Current stock price
8.19 USD
+0.04 (+0.49%)
At close:
8.19 USD
0 (0%)
After Hours:
SPRY Technical Rating and Analysis
Overall SPRY gets a technical rating of 0 out of 10. SPRY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 93% of all other stocks performed better in the past year than SPRY.
- SPRY is part of the Biotechnology industry. There are 517 other stocks in this industry, of which 77% are performing better than SPRY.
- SPRY is currently trading in the lower part 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.
- In the last month SPRY has a been trading in the 7.20 - 9.11 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- SPRY has an average volume of 1354900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SPRY Weekly and Daily overview Charts
SPRY Setup Rating and Analysis
Although the technical rating is bad, SPRY does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 7.64, a Stop Loss order could be placed below this zone.
More info and screens
SPRY Support and Resistance Analysis
7.45
12.06
When analyzing the support we notice one important area.
- A support zone ranging from 7.53 to 7.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @8.57 from a horizontal line in the daily time frame.
- Resistance @10.30 from a trend line in the daily time frame.
- Resistance @10.67 from a trend line in the weekly time frame.
- Resistance @11.94 from a trend line in the daily time frame.
SPRY Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for SPRY is neutral. |
| ChartMill Relative Strength | 7.64 | NEGATIVE | SPRY has a low relative strength, it was outperformed by 92.36% 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) | 45.56 | NEUTRAL | The RSI value for SPRY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests SPRY has a positive trend. |
| Stochastics (14,3) | 60.74 | NEUTRAL | The Stochastics value for SPRY is a neutral value. |
| Average True Range in percent/ATR (20) | 6.64 | HIGH VOLATILITY | The high ATR as a percentage value for SPRY suggests high volalility. |
| Average Directional Index/ADX (14) | 14.04 | NEGATIVE | The low ADX value for SPRY suggests a weak or negative trend. |
SPRY Chart- and CandleStick Pattern Analysis
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)
SPRY Technicals: Chart, Performance Metrics, Trend & Indicators
8.19
+0.04 (+0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.49%
1 Week1.99%
2 Weeks8.62%
1 Month-7.56%
3 Month-37.29%
6 Month-27.65%
12 Month-41.71%
2 Year-5.86%
3 Year26%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.55
ATR(20)%6.64%
ATR Inc-19.34%
Range Today0.59
ADR(20)0.54
ADR(20)%6.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.64
3 months CRS8.71
6 months CRS17.53
Mansfield-3.49
10 Day High8.7
10 Day Low7.61
20 Day High9.11
20 Day Low7.2
52 Week High18.9
52 Week Low6.66
CS1 End7.64
CR1 Start8.57
Volume & EV
DER(3)-0.25%
DER(5)1.39%
Volume1.83M
Volume Incr-20.59%
Vol(5)1.34M
Vol(50)1.35M
ARS PHARMACEUTICALS INC / SPRY TA FAQ
Can you provide the ChartMill technical rating for ARS PHARMACEUTICALS INC?
ChartMill assigns a technical rating of 0 / 10 to SPRY.
Can you provide the trend direction for ARS PHARMACEUTICALS INC?
The current trend direction for ARS PHARMACEUTICALS INC (SPRY) is Bearish.
What is the RSI signal for ARS PHARMACEUTICALS INC (SPRY) stock?
ARS PHARMACEUTICALS INC (SPRY) has an RSI value of 45.5589. 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 neutral.