SPX TECHNOLOGIES INC (SPXC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SPXC - US78473E1038 - Common Stock
Taking everything into account, SPXC scores 4 out of 10 in our technical rating. SPXC was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Although the technical rating is only medium, SPXC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 200.05, a Stop Loss order could be placed below this zone.
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125.84
When analyzing the support we can see 4 important areas.
- A support zone ranging from 198.25 to 200.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @186.26 from a horizontal line in the daily time frame.
- Support @180.70 from a horizontal line in the daily time frame.
- Support @127.11 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 204.17 to 209.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 223.89 to 224.94. 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 | DOWN | NEGATIVE | The short term trend for SPXC is down. |
| ChartMill Relative Strength | 85.68 | POSITIVE | SPXC has a high relative strength, it outperformed 85.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SPXC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SPXC is below 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) | 40.63 | NEUTRAL | The RSI value for SPXC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.44 | NEGATIVE | The MACD value suggests SPXC has a negative trend. |
| Stochastics (14,3) | 4.87 | OVERSOLD | The low Stochastics value suggests SPXC may be oversold. |
| Average True Range in percent/ATR (20) | 3.28 | MEDIUM VOLATILITY | The ATR as a percentage value for SPXC suggests some volalility. |
| Average Directional Index/ADX (14) | 16.87 | NEGATIVE | The low ADX value for SPXC suggests a weak or negative trend. |
200.06
-3.45 (-1.7%)
SPX TECHNOLOGIES INC / SPXC FAQ
What is the technical rating for SPXC stock?
ChartMill assigns a technical rating of 4 / 10 to SPXC.
What is the trend direction for SPXC stock?
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 40.6336. This indicates that the stock is currently neutral.
What is the MACD signal for SPXC stock?
The MACD indicator for SPX TECHNOLOGIES INC (SPXC) has a value of -1.44284, indicating a bearish trend.
Can you provide the short term momentum for SPX TECHNOLOGIES INC?
The short term momentum for SPX TECHNOLOGIES INC (SPXC) is negative.