SPS COMMERCE INC (SPSC) Stock Technical Analysis
USA - NASDAQ:SPSC - US78463M1071 - Common Stock
107.23 USD
+1.3 (+1.23%)
107.23 USD
0 (0%)
We assign a technical rating of 0 out of 10 to SPSC. SPSC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, SPSC is a bad performer in the overall market: 94% of all stocks are doing better.
SPSC is part of the Software industry. There are 281 other stocks in this industry, of which 82% are performing better than SPSC.
SPSC is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month SPSC has a been trading in the 103.10 - 114.67 range, which is quite wide. It is currently trading near the lows of this range.
Although the technical rating is bad, SPSC does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 107.24. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 103.88, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SPSC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
102.34
168.41
We found 1 important support area.
- A support zone ranging from 103.37 to 103.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 107.24 to 107.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 115.35 to 116.88. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @166.74 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 | DOWN | NEGATIVE | The long term trend for SPSC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SPSC is down. |
| ChartMill Relative Strength | 6.15 | NEGATIVE | SPSC has a low relative strength, it was outperformed by 93.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SPSC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SPSC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SPSC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.5 | NEUTRAL | The RSI value for SPSC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests SPSC has a positive trend. |
| Stochastics (14,3) | 35.86 | NEUTRAL | The Stochastics value for SPSC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.03 | MEDIUM VOLATILITY | The ATR as a percentage value for SPSC suggests some volalility. |
| Average Directional Index/ADX (14) | 12.34 | NEGATIVE | The low ADX value for SPSC 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)
107.23
+1.3 (+1.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.23%
1 Week2.08%
2 Weeks-2.76%
1 Month-2.94%
3 Month-18.6%
6 Month-18.57%
12 Month-46.06%
2 Year-33.12%
3 Year-15.25%
5 Year25.28%
10 Year198.61%
15 Year1524.7%
Volatility
ATR(14)2.89
ATR(20)%3.03%
ATR Inc0.99%
Range Today3.07
ADR(20)3.14
ADR(20)%2.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.15
Mansfield-3.5
10 Day High110.05
10 Day Low103.1
20 Day High114.67
20 Day Low103.1
52 Week High201.06
52 Week Low102.05
CS1 End103.88
CR1 Start107.24
Volume & EV
DER(3)3.39%
DER(5)0.38%
Volume341.06K
Volume Incr-17.91%
Vol(5)366.99K
Vol(50)476.67K