SPROUT SOCIAL INC - CLASS A (SPT) Technical Analysis
NASDAQ:SPT • US85209W1099
Current stock price
SPT Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to SPT. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 97% of all other stocks performed better in the past year than SPT.
- SPT is one of the lesser performing stocks in the Software industry. 81% of 275 stocks in the same industry do better.
- SPT is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so SPT is lagging the market.
- SPT is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- SPT has an average volume of 1820750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SPT Weekly and Daily overview Charts
SPT Setup Rating and Analysis
SPT has a poor technical rating and the quality of the setup is also only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
SPT Support and Resistance Analysis
5.48
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 5.91 to 5.97. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @6.38 from a trend line in the daily time frame.
- Resistance @6.76 from a trend line in the daily time frame.
- Resistance @11.40 from a horizontal 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 | DOWN | NEGATIVE | The short term trend for SPT is down. |
| ChartMill Relative Strength | 3.52 | NEGATIVE | SPT has a low relative strength, it was outperformed by 96.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SPT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SPT is below 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) | 34.72 | NEUTRAL | The RSI value for SPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests SPT has a positive trend. |
| Stochastics (14,3) | 24.99 | NEUTRAL | The Stochastics value for SPT is a neutral value. |
| Average True Range in percent/ATR (20) | 7.02 | HIGH VOLATILITY | The high ATR as a percentage value for SPT suggests high volalility. |
| Average Directional Index/ADX (14) | 32.79 | 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
5.54
+0.01 (+0.18%)
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 0 / 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 SPT stock?
SPROUT SOCIAL INC - CLASS A (SPT) has an RSI value of 34.7247. This indicates that the stock is currently neutral.
What is the MACD signal for SPT stock?
The MACD indicator for SPROUT SOCIAL INC - CLASS A (SPT) has a value of 0.0598488, indicating a bearish trend.
What is the support and resistance level for SPT stock?
SPROUT SOCIAL INC - CLASS A (SPT) has a resistance level at 5.91. Check the full technical report for our detailed analysis of SPT support and resistance levels.