SPROUT SOCIAL INC - CLASS A (SPT) Stock Technical Analysis
NASDAQ:SPT - Nasdaq - US85209W1099 - Common Stock - Currency: USD
Taking everything into account, SPT scores 0 out of 10 in our technical rating. SPT 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, SPT is a bad performer in the overall market: 95% of all stocks are doing better.
SPT is one of the lesser performing stocks in the Software industry. 84% of 281 stocks in the same industry do better.
SPT is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so SPT is lagging the market.
In the last month SPT has a been trading in the 16.40 - 21.53 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The technical rating of SPT is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
16.37
27.69
3 important resistance areas can be observed.
- A resistance zone ranging from 18.54 to 18.66. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @19.37 from a trend line in the daily time frame.
- Resistance @27.42 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 SPT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SPT is down. |
| ChartMill Relative Strength | 5.8 | NEGATIVE | SPT has a low relative strength, it was outperformed by 94.2% 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) | 26.6 | OVERSOLD | The low RSI value suggests SPT may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests SPT has a negative trend. |
| Stochastics (14,3) | 8.78 | OVERSOLD | The low Stochastics value suggests SPT may be oversold. |
| Average True Range in percent/ATR (20) | 4.45 | MEDIUM VOLATILITY | The ATR as a percentage value for SPT suggests some volalility. |
| Average Directional Index/ADX (14) | 25.32 | POSITIVE | The high ADX value value for SPT suggests a strong 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)
16.54
-0.61 (-3.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-3.56%
1 Week-12.63%
2 Weeks-12.76%
1 Month-21.98%
3 Month-22.85%
6 Month-49.37%
12 Month-49.77%
2 Year-69.11%
3 Year-72.45%
5 Year-57.32%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.69
ATR(20)%4.45%
ATR Inc71.26%
Range Today0.71
ADR(20)0.72
ADR(20)%4.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.8
Mansfield-4.15
10 Day High19.51
10 Day Low16.4
20 Day High21.53
20 Day Low16.4
52 Week High36.3
52 Week Low16.4
CS1 EndN/A
CR1 Start18.54
Volume & EV
DER(3)-1.23%
DER(5)0.95%
Volume704.40K
Volume Incr2.5%
Vol(5)623.40K
Vol(50)639.55K