EW SCRIPPS CO/THE-A (SSP) Stock Technical Analysis
NASDAQ:SSP - Nasdaq - US8110544025 - Common Stock - Currency: USD
Overall SSP gets a technical rating of 8 out of 10. Although SSP is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
In the last month SSP has a been trading in the 2.08 - 3.22 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, SSP outperforms 66% of them, which is more or less in line with the market.
SSP is an average performer in the Media industry, it outperforms 68% of 97 stocks in the same industry.
SSP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SSP is lagging the market.
SSP has an excellent technical rating, but the quality of the setup is only medium 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
2.20
3.40
When analyzing the support we can see 3 important areas.
- A support zone ranging from 2.78 to 2.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.32 from a trend line in the daily time frame.
- Support @2.22 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 3.06 to 3.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 3.24 to 3.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.37 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for SSP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SSP is up. |
| ChartMill Relative Strength | 66.25 | NEUTRAL | SSP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SSP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SSP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SSP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.67 | NEUTRAL | The RSI value for SSP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SSP has a positive trend. |
| Stochastics (14,3) | 65.67 | NEUTRAL | The Stochastics value for SSP is a neutral value. |
| Average True Range in percent/ATR (20) | 7.99 | HIGH VOLATILITY | The high ATR as a percentage value for SSP suggests high volalility. |
| Average Directional Index/ADX (14) | 27.74 | POSITIVE | The high ADX value value for SSP suggests a strong 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)
3.05
+0.11 (+3.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg3.74%
1 Week-0.33%
2 Weeks5.9%
1 Month36.77%
3 Month28.15%
6 Month22%
12 Month3.04%
2 Year-69.07%
3 Year-78.61%
5 Year-73.2%
10 Year-86.12%
15 Year-61.2%
Volatility
ATR(14)0.22
ATR(20)%7.99%
ATR Inc-23.3%
Range Today0.2
ADR(20)0.23
ADR(20)%7.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.25
Mansfield1.95
10 Day High3.22
10 Day Low2.7
20 Day High3.22
20 Day Low2.08
52 Week High4.06
52 Week Low1.36
CS1 End2.29
CR1 Start3.08
Volume & EV
DER(3)3.57%
DER(5)-3.69%
Volume672.40K
Volume Incr-23.05%
Vol(5)705.52K
Vol(50)818.45K