SPS COMMERCE INC (SPSC) Stock Technical Analysis
NASDAQ:SPSC - Nasdaq - US78463M1071 - Common Stock - Currency: USD
Overall SPSC gets a technical rating of 2 out of 10. SPSC'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 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.
89% of all other stocks performed better in the past year than SPSC.
SPSC is part of the Software industry. There are 281 other stocks in this industry, of which 77% are performing better than SPSC.
SPSC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month SPSC has a been trading in the 131.24 - 143.55 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
SPSC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 139.58, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
120.38
175.18
4 important support areas can be observed.
- A support zone ranging from 138.71 to 139.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 133.13 to 133.63. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @127.89 from a horizontal line in the weekly time frame.
- Support @121.60 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- Resistance @141.36 from a horizontal line in the daily time frame.
- Resistance @145.01 from a horizontal line in the daily time frame.
- A resistance zone ranging from 150.95 to 152.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @173.45 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 | NEUTRAL | NEUTRAL | The short term trend for SPSC is neutral. |
| ChartMill Relative Strength | 11.71 | NEGATIVE | SPSC has a low relative strength, it was outperformed by 88.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPSC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SPSC is above 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) | 52.55 | NEUTRAL | The RSI value for SPSC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests SPSC has a positive trend. |
| Stochastics (14,3) | 62.5 | NEUTRAL | The Stochastics value for SPSC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.89 | MEDIUM VOLATILITY | The ATR as a percentage value for SPSC suggests some volalility. |
| Average Directional Index/ADX (14) | 10.35 | 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)
140.1
-0.11 (-0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.08%
1 Week1.84%
2 Weeks1.44%
1 Month2.95%
3 Month-2.57%
6 Month-24.14%
12 Month-30.15%
2 Year-22.33%
3 Year16.98%
5 Year86.38%
10 Year288.36%
15 Year2533.46%
Volatility
ATR(14)4.1
ATR(20)%2.89%
ATR Inc-13.79%
Range Today2.95
ADR(20)3.85
ADR(20)%2.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.71
Mansfield-2.17
10 Day High143.55
10 Day Low134.89
20 Day High143.55
20 Day Low131.24
52 Week High204.2
52 Week Low120.09
CS1 End139.58
CR1 Start141.36
Volume & EV
DER(3)1.65%
DER(5)1.92%
Volume269.00K
Volume Incr-3.61%
Vol(5)313.34K
Vol(50)307.52K