EW SCRIPPS CO/THE-A (SSP) Technical Analysis
NASDAQ:SSP • US8110544025
Current stock price
SSP Technical Rating and Analysis
Overall SSP gets a technical rating of 10 out of 10. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, SSP did better than 90% of all other stocks.
- SSP is part of the Media industry. There are 91 other stocks in this industry. SSP outperforms 91% of them.
- In the last month SSP has a been trading in the 3.25 - 4.16 range, which is quite wide. It is currently trading near the high of this range.
- 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.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SSP Weekly and Daily overview Charts
SSP Setup Rating and Analysis
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
SSP Support and Resistance Analysis
2.66
6 important support areas can be observed.
- A support zone ranging from 3.71 to 3.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.53 to 3.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.47 from a trend line in the daily time frame.
- Support @3.35 from a horizontal line in the weekly time frame.
- Support @3.26 from a horizontal line in the daily time frame.
- Support @2.69 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @4.48 from a trend line in the daily time frame.
- Resistance @4.61 from a horizontal line in the daily time frame.
SSP 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 SSP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SSP is up. |
| ChartMill Relative Strength | 90.83 | POSITIVE | SSP has a high relative strength, it outperformed 90.83% 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) | 58.96 | NEUTRAL | The RSI value for SSP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests SSP has a positive trend. |
| Stochastics (14,3) | 95.83 | OVERBOUGHT | The high Stochastics value suggests SSP may be overbought. |
| Average True Range in percent/ATR (20) | 6.1 | HIGH VOLATILITY | The high ATR as a percentage value for SSP suggests high volalility. |
| Average Directional Index/ADX (14) | 14.98 | NEGATIVE | The low ADX value for SSP suggests a weak or negative trend. |
SSP Chart- and CandleStick Pattern Analysis
SSP 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 |
|---|---|---|---|
| 4.49 | 3.70 | 0.79 (17.59%) | 5.68% |
| An entry @4.49. This is a Buy Stop order right above the resistance zone. | An exit @3.70. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.79 points, which is 17.59%. | For a 1.00% total portfolio risk, you can invest 5.68% of your capital in this trade. |
- 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.
SSP Technicals: Chart, Performance Metrics, Trend & Indicators
4.11
+0.1 (+2.49%)
EW SCRIPPS CO/THE-A / SSP TA FAQ
What is the ChartMill technical rating of EW SCRIPPS CO/THE-A (SSP) stock?
ChartMill assigns a technical rating of 10 / 10 to SSP.
What is the trend direction for SSP stock?
The current trend direction for EW SCRIPPS CO/THE-A (SSP) is Bullish.
What is the RSI signal for SSP stock?
EW SCRIPPS CO/THE-A (SSP) has an RSI value of 58.964. This indicates that the stock is currently neutral.
What is the buy/sell signal for SSP stock?
The buy/sell signal for EW SCRIPPS CO/THE-A (SSP) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for EW SCRIPPS CO/THE-A?
EW SCRIPPS CO/THE-A (SSP) has a support level at 3.82 and a resistance level at 4.48. Check the full technical report for our detailed analysis of SSP support and resistance levels.