SPX TECHNOLOGIES INC (SPXC) Technical Analysis
NYSE:SPXC • US78473E1038
Current stock price
SPXC Technical Rating and Analysis
Taking everything into account, SPXC scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SPXC is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that SPXC is one of the better performing stocks in the market, outperforming 86% of all stocks. We also observe that the gains produced by SPXC over the past year are nicely spread over this period.
- SPXC is part of the Machinery industry. There are 131 other stocks in this industry. SPXC outperforms 75% of them.
- SPXC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SPXC is lagging the market slightly.
- SPXC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
SPXC Weekly and Daily overview Charts
SPXC Setup Rating and Analysis
SPXC has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 215.26, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
SPXC Support and Resistance Analysis
180.57
When analyzing the support we can see 4 important areas.
- A support zone ranging from 210.56 to 215.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @193.21 from a trend line in the weekly time frame.
- Support @186.26 from a horizontal line in the daily time frame.
- Support @182.39 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 242.30 to 243.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
SPXC 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 SPXC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPXC is up. |
| ChartMill Relative Strength | 86.3 | POSITIVE | SPXC has a high relative strength, it outperformed 86.3% 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) | DOWN | MIXED | The current price of SPXC is above a declining 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) | 59.05 | NEUTRAL | The RSI value for SPXC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.64 | POSITIVE | The MACD value suggests SPXC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.59 | NEUTRAL | The Stochastics value for SPXC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.79 | MEDIUM VOLATILITY | The ATR as a percentage value for SPXC suggests some volalility. |
| Average Directional Index/ADX (14) | 23.55 | NEUTRAL | The ADX value for SPXC suggests a possible start of a new trend. |
SPXC Chart- and CandleStick Pattern Analysis
SPXC Example Setup
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 |
|---|---|---|---|
| 229.50 | 212.99 | 16.51 (7.20%) | 13.90% |
| An entry @229.50. This is a Buy Stop order right above the 10 day high. | An exit @212.99. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 16.51 points, which is 7.20%. | When investing 13.90% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
SPXC Technicals: Chart, Performance Metrics, Trend & Indicators
223.96
+3.34 (+1.51%)
SPX TECHNOLOGIES INC / SPXC TA FAQ
What is the technical rating for SPXC stock?
ChartMill assigns a technical rating of 9 / 10 to SPXC.
What is the trend direction for SPXC stock?
The current trend direction for SPX TECHNOLOGIES INC (SPXC) is Bullish.
Can you provide the RSI signal for SPX TECHNOLOGIES INC?
SPX TECHNOLOGIES INC (SPXC) has an RSI value of 59.0452. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SPX TECHNOLOGIES INC?
The MACD indicator for SPX TECHNOLOGIES INC (SPXC) has a value of 1.64403, indicating a bullish trend.
What is the support and resistance level for SPXC stock?
SPX TECHNOLOGIES INC (SPXC) has a support level at 215.26 and a resistance level at 242.3. Check the full technical report for our detailed analysis of SPXC support and resistance levels.