SPX TECHNOLOGIES INC (SPXC) Stock Technical Analysis
USA - NYSE:SPXC - US78473E1038 - Common Stock
We assign a technical rating of 7 out of 10 to SPXC. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SPXC is only an average performer.
Although SPXC has an excellent technical rating, it does not offer a high 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.
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124.75
When analyzing the support we can see 3 important areas.
- A support zone ranging from 186.30 to 190.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 180.70 to 182.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @126.01 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 201.58 to 204.32. 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 SPXC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPXC is up. |
| ChartMill Relative Strength | 78.34 | POSITIVE | SPXC has a high relative strength, it outperformed 78.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPXC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPXC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPXC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.78 | NEUTRAL | The RSI value for SPXC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.54 | POSITIVE | The MACD value suggests SPXC has a positive trend. |
| Stochastics (14,3) | 94.18 | OVERBOUGHT | The high Stochastics value suggests SPXC may be overbought. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for SPXC suggests some volalility. |
| Average Directional Index/ADX (14) | 20.28 | NEUTRAL | The ADX value for SPXC suggests a possible start of a new trend. |
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+2.93 (+1.49%)
SPX TECHNOLOGIES INC / SPXC FAQ
What is the technical rating for SPXC stock?
ChartMill assigns a technical rating of 7 / 10 to SPXC.
Can you provide the trend direction for SPX TECHNOLOGIES INC?
The current trend direction for SPX TECHNOLOGIES INC (SPXC) is Bullish.
What is the RSI signal for SPX TECHNOLOGIES INC (SPXC) stock?
SPX TECHNOLOGIES INC (SPXC) has an RSI value of 66.7788. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for SPX TECHNOLOGIES INC?
The buy/sell signal for SPX TECHNOLOGIES INC (SPXC) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for SPX TECHNOLOGIES INC (SPXC) stock?
SPX TECHNOLOGIES INC (SPXC) has a support level at 190.85 and a resistance level at 201.58. Check the full technical report for our detailed analysis of SPXC support and resistance levels.