SPARTANNASH CO (SPTN) Stock Technical Analysis
NASDAQ:SPTN - Nasdaq - US8472151005 - Common Stock - Currency: USD
Taking everything into account, SPTN scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, SPTN has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
SPTN is part of the Consumer Staples Distribution & Retail industry. There are 40 other stocks in this industry. SPTN outperforms 89% of them.
SPTN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
Looking at the yearly performance, SPTN did better than 89% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month SPTN has a been trading in a tight range between 26.49 and 26.65.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, SPTN also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 26.55. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 26.54, a Stop Loss order could be placed below this zone.
More info and screens
17.26
26.87
When analyzing the support we can see 2 important areas.
- A support zone ranging from 26.51 to 26.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.43 to 17.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 26.55 to 26.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The long term trend for SPTN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPTN is up. |
| ChartMill Relative Strength | 89.21 | POSITIVE | SPTN has a high relative strength, it outperformed 89.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SPTN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPTN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPTN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.1 | OVERBOUGHT | The high RSI value suggests SPTN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests SPTN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.58 | NEUTRAL | The Stochastics value for SPTN is a neutral value. |
| Average True Range in percent/ATR (20) | 0.33 | LOW VOLATILITY | The low ATR as a percentage value for SPTN suggests low volalility. |
| Average Directional Index/ADX (14) | 62.94 | POSITIVE | The high ADX value value for SPTN 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 26.61 | 26.50 | 0.11 (0.41%) | 25.00% |
| An entry @26.61. This is a Buy Stop order right above the resistance zone. | An exit @26.50. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.11 points, which is 0.41%. | For a 0.10% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SPTN. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
26.55
-0.01 (-0.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-0.04%
1 Week0.08%
2 Weeks0.04%
1 Month-0.08%
3 Month39.01%
6 Month44.61%
12 Month37.64%
2 Year22.01%
3 Year-12.75%
5 Year32.88%
10 Year-6.18%
15 Year103.14%
Volatility
ATR(14)0.09
ATR(20)%0.33%
ATR Inc5%
Range Today0.09
ADR(20)0.09
ADR(20)%0.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.21
Mansfield1.8
10 Day High26.63
10 Day Low26.49
20 Day High26.65
20 Day Low26.49
52 Week High26.69
52 Week Low17.3
CS1 End26.54
CR1 Start26.55
Volume & EV
DER(3)-5.98%
DER(5)-3.93%
Volume401.40K
Volume Incr-28.87%
Vol(5)514.64K
Vol(50)938.08K