SPX CORP COM (SPW) Technical Analysis
NYSE:SPW • US7846351044
Current stock price
SPW Technical Rating and Analysis
Taking everything into account, SPW scores 0 out of 10 in our technical rating. SPW's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 94% of all other stocks performed better in the past year than SPW.
- SPW is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month SPW has a been trading in the 47.89 - 59.10 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
SPW Weekly and Daily overview Charts
SPW Setup Rating and Analysis
The technical rating of SPW 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
SPW Support and Resistance Analysis
48.95
3 important resistance areas can be observed.
- A resistance zone ranging from 54.49 to 54.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @56.18 from a trend line in the daily time frame.
- Resistance @69.93 from a trend line in the weekly time frame.
SPW 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 | DOWN | NEGATIVE | The long term trend for SPW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SPW is down. |
| ChartMill Relative Strength | 6.85 | NEGATIVE | SPW has a low relative strength, it was outperformed by 93.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SPW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SPW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SPW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.62 | OVERSOLD | The low RSI value suggests SPW may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.37 | NEGATIVE | The MACD value suggests SPW has a negative trend. |
| Stochastics (14,3) | 6.74 | OVERSOLD | The low Stochastics value suggests SPW may be oversold. |
| Average True Range in percent/ATR (20) | 3.79 | MEDIUM VOLATILITY | The ATR as a percentage value for SPW suggests some volalility. |
SPW Chart- and CandleStick Pattern Analysis
SPW Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:SPW (9/25/2015, 10:08:15 PM)
49.44
+1.09 (+2.25%)
SPX CORP COM / SPW TA FAQ
What is the ChartMill technical rating of SPX CORP COM (SPW) stock?
ChartMill assigns a technical rating of 0 / 10 to SPW.
Can you provide the trend direction for SPX CORP COM?
The current trend direction for SPX CORP COM (SPW) is Bearish.
What is the RSI signal for SPX CORP COM (SPW) stock?
SPX CORP COM (SPW) has an RSI value of 29.6243. This indicates that the stock is currently oversold.
Can you provide the MACD signal for SPX CORP COM?
The MACD indicator for SPX CORP COM (SPW) has a value of -0.365355, indicating a bearish trend.
What are the support and resistance levels for SPX CORP COM (SPW) stock?
SPX CORP COM (SPW) has a resistance level at 54.49. Check the full technical report for our detailed analysis of SPW support and resistance levels.