We assign a technical rating of 10 out of 10 to SSP. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SSP is showing a nice and steady performance.
Besides having an excellent technical rating, SSP also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
2.04
When analyzing the support we notice one important area.
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 | 96.75 | POSITIVE | SSP has a high relative strength, it outperformed 96.75% off all stocks 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) | 71.44 | OVERBOUGHT | The high RSI value suggests SSP may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SSP has a negative trend. |
| Stochastics (14,3) | 77.68 | NEUTRAL | The Stochastics value for SSP is a neutral value. |
| Average True Range in percent/ATR (20) | 9.2 | HIGH VOLATILITY | The high ATR as a percentage value for SSP suggests high volalility. |
| Average Directional Index/ADX (14) | 46.55 | POSITIVE | The high ADX value value for SSP suggests a strong trend. |
4.73
-0.01 (-0.21%)
ChartMill assigns a technical rating of 10 / 10 to SSP.
The current trend direction for EW SCRIPPS CO/THE-A (SSP) is Bullish.
EW SCRIPPS CO/THE-A (SSP) has an RSI value of 71.4438. This indicates that the stock is currently overbought.
The MACD indicator for EW SCRIPPS CO/THE-A (SSP) has a value of -0.000108901, indicating a bearish trend.
The short term momentum for EW SCRIPPS CO/THE-A (SSP) is positive.