SPROUT SOCIAL INC - CLASS A (SPT) Technical Analysis
NASDAQ:SPT • US85209W1099
Current stock price
SPT Technical Rating and Analysis
Overall SPT gets a technical rating of 1 out of 10. SPT'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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 97% of all other stocks performed better in the past year than SPT.
- SPT is part of the Software industry. There are 272 other stocks in this industry, of which 81% are performing better than SPT.
- SPT 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 SPT has a been trading in the 4.92 - 6.30 range, which is quite wide. It is currently trading near the high of this range.
- SPT has an average volume of 1773110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SPT Weekly and Daily overview Charts
SPT Setup Rating and Analysis
The technical rating of SPT 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
SPT Support and Resistance Analysis
5.45
We found 1 important support area.
- A support zone ranging from 5.51 to 5.59. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @7.41 from a trend line in the daily time frame.
- Resistance @7.94 from a trend line in the daily time frame.
SPT 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 SPT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SPT is neutral. |
| ChartMill Relative Strength | 3.9 | NEGATIVE | SPT has a low relative strength, it was outperformed by 96.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SPT is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SPT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.06 | NEUTRAL | The RSI value for SPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests SPT has a positive trend. |
| Stochastics (14,3) | 86.18 | OVERBOUGHT | The high Stochastics value suggests SPT may be overbought. |
| Average True Range in percent/ATR (20) | 5.3 | HIGH VOLATILITY | The high ATR as a percentage value for SPT suggests high volalility. |
| Average Directional Index/ADX (14) | 25.11 | POSITIVE | The high ADX value value for SPT suggests a strong trend. |
SPT Chart- and CandleStick Pattern Analysis
SPT Technicals: Chart, Performance Metrics, Trend & Indicators
6.21
+0.24 (+4.02%)
SPROUT SOCIAL INC - CLASS A / SPT TA FAQ
Can you provide the ChartMill technical rating for SPROUT SOCIAL INC - CLASS A?
ChartMill assigns a technical rating of 1 / 10 to SPT.
Can you provide the trend direction for SPROUT SOCIAL INC - CLASS A?
The current trend direction for SPROUT SOCIAL INC - CLASS A (SPT) is Bearish.
What is the RSI signal for SPROUT SOCIAL INC - CLASS A (SPT) stock?
SPROUT SOCIAL INC - CLASS A (SPT) has an RSI value of 58.0608. This indicates that the stock is currently neutral.
What are the support and resistance levels for SPROUT SOCIAL INC - CLASS A (SPT) stock?
SPROUT SOCIAL INC - CLASS A (SPT) has a support level at 5.59 and a resistance level at 7.41. Check the full technical report for our detailed analysis of SPT support and resistance levels.