SPARTANNASH CO (SPTN) Technical Analysis
NASDAQ:SPTN • US8472151005
Current stock price
SPTN Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to SPTN. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SPTN is showing a nice and steady performance.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- SPTN is one of the better performing stocks in the Consumer Staples Distribution & Retail industry, it outperforms 78% of 38 stocks in the same industry.
- A new 52 week high is currently being made by SPTN, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so SPTN is leading the market.
- When comparing the yearly performance of all stocks, we notice that SPTN is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- In the last month SPTN has a been trading in a tight range between 26.14 and 27.07.
- Volume is considerably higher in the last couple of days.
SPTN Weekly and Daily overview Charts
SPTN Setup Rating and Analysis
Although SPTN has an excellent technical rating, it does not present a decent entry opportunity 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
SPTN Support and Resistance Analysis
17.26
When analyzing the support we can see 2 important areas.
- A support zone ranging from 26.29 to 26.84. 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.
We found 1 important resistance area.
- A resistance zone ranging from 26.91 to 26.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
SPTN 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 | UP | POSITIVE | The long term trend for SPTN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SPTN is neutral. |
| ChartMill Relative Strength | 88.98 | POSITIVE | SPTN has a high relative strength, it outperformed 88.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPTN is above the rising 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) | 63.59 | NEUTRAL | The RSI value for SPTN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests SPTN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 52.44 | NEUTRAL | The Stochastics value for SPTN is a neutral value. |
| Average True Range in percent/ATR (20) | 0.58 | LOW VOLATILITY | The low ATR as a percentage value for SPTN suggests low volalility. |
| Average Directional Index/ADX (14) | 42.22 | POSITIVE | The high ADX value value for SPTN suggests a strong trend. |
SPTN Chart- and CandleStick Pattern Analysis
SPTN Technicals: Chart, Performance Metrics, Trend & Indicators
26.9
+0.44 (+1.66%)
SPARTANNASH CO / SPTN TA FAQ
What is the technical rating for SPTN stock?
ChartMill assigns a technical rating of 7 / 10 to SPTN.
Can you provide the trend direction for SPARTANNASH CO?
The current trend direction for SPARTANNASH CO (SPTN) is Bullish.
What is the RSI signal for SPARTANNASH CO (SPTN) stock?
SPARTANNASH CO (SPTN) has an RSI value of 63.5893. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SPARTANNASH CO?
The MACD indicator for SPARTANNASH CO (SPTN) has a value of -0.037479, indicating a bearish trend.