SPARTANNASH CO (SPTN) Stock Technical Analysis
NASDAQ:SPTN - US8472151005 - Common Stock
26.8 USD
-0.01 (-0.04%)
26.8 USD
0 (0%)
We assign a technical rating of 9 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.
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 41 other stocks in this industry. SPTN outperforms 90% of them.
A new 52 week high is currently being made by SPTN, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
SPTN has an average volume of 1057720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, SPTN did better than 85% of all other 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 26.49 and 26.86.
Considerably lower volume is observed in the last couple of days.
Although SPTN has an excellent technical rating, the quality of the presented setup is not ideal 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
17.26
27.08
When analyzing the support we can see 2 important areas.
- A support zone ranging from 26.39 to 26.69. 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 26.81 to 26.81. This zone is formed by a combination of multiple trend lines 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 | 85.93 | POSITIVE | SPTN has a high relative strength, it outperformed 85.93% 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) | 76.13 | OVERBOUGHT | The high RSI value suggests SPTN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests SPTN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 89.56 | OVERBOUGHT | The high Stochastics value suggests SPTN may be overbought. |
| Average True Range in percent/ATR (20) | 0.34 | LOW VOLATILITY | The low ATR as a percentage value for SPTN suggests low volalility. |
| Average Directional Index/ADX (14) | 63.15 | 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 |
|---|---|---|---|
| 26.82 | 26.51 | 0.31 (1.16%) | 25.00% |
| An entry @26.82. This is a Buy Stop order right above the resistance zone. | An exit @26.51. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.31 points, which is 1.16%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.29%. |
- 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.
26.8
-0.01 (-0.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-0.04%
1 Week0.49%
2 Weeks1.06%
1 Month1.02%
3 Month37.72%
6 Month32.74%
12 Month21.32%
2 Year23.16%
3 Year-11.93%
5 Year34.13%
10 Year-5.3%
15 Year105.05%
Volatility
ATR(14)0.09
ATR(20)%0.34%
ATR Inc-32.59%
Range Today0.07
ADR(20)0.09
ADR(20)%0.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.93
Mansfield1.71
10 Day High26.86
10 Day Low26.52
20 Day High26.86
20 Day Low26.49
52 Week High26.86
52 Week Low17.3
CS1 End26.69
CR1 Start26.81
Volume & EV
DER(3)-0.69%
DER(5)1.2%
Volume467.80K
Volume Incr-23.65%
Vol(5)591.94K
Vol(50)1.06M