SPARTANNASH CO (SPTN) Stock Technical Analysis
NASDAQ:SPTN - Nasdaq - US8472151005 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to SPTN. In the last year, SPTN was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
SPTN is part of the Consumer Staples Distribution & Retail industry. There are 41 other stocks in this industry, of which 65% are performing better than SPTN.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, SPTN outperforms 41% of them, which is more or less in line with the market.
SPTN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SPTN is lagging the market slightly.
In the last month SPTN has a been trading in the 18.51 - 21.62 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
The technical rating of SPTN is bad and it also does not present a quality setup 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
22.46
When analyzing the support we can see 2 important areas.
- A support zone ranging from 18.89 to 18.97. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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 can see 3 important resistance areas.
- A resistance zone ranging from 19.49 to 19.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 21.32 to 21.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @22.24 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for SPTN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SPTN is neutral. |
| ChartMill Relative Strength | 41.38 | NEUTRAL | SPTN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SPTN is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SPTN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SPTN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.02 | NEUTRAL | The RSI value for SPTN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests SPTN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.05 | NEUTRAL | The Stochastics value for SPTN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.48 | MEDIUM VOLATILITY | The ATR as a percentage value for SPTN suggests some volalility. |
| Average Directional Index/ADX (14) | 16.72 | NEGATIVE | The low ADX value for SPTN suggests a weak or negative 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)
19.46
-1.98 (-9.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-9.24%
1 Week2.64%
2 Weeks0.1%
1 Month-1.37%
3 Month-3.62%
6 Month2.53%
12 Month-0.97%
2 Year-15.02%
3 Year-43.45%
5 Year-9.11%
10 Year-37.75%
15 Year27.69%
Volatility
ATR(14)0.77
ATR(20)%3.48%
ATR Inc398.52%
Range Today1.97
ADR(20)0.65
ADR(20)%3.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.38
Mansfield-0.48
10 Day High21.62
10 Day Low18.65
20 Day High21.62
20 Day Low18.51
52 Week High23
52 Week Low17.3
CS1 End18.97
CR1 Start19.49
Volume & EV
DER(3)-0.02%
DER(5)-1.05%
Volume732.90K
Volume Incr84.97%
Vol(5)506.18K
Vol(50)306.47K