EW SCRIPPS CO/THE-A (SSP) Stock Technical Analysis
USA - NASDAQ:SSP - US8110544025 - Common Stock
Overall SSP gets a technical rating of 10 out of 10. In the last year, SSP was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Although SSP has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.04
When analyzing the support we can see 2 important areas.
- Support @2.27 from a trend line in the weekly time frame.
- Support @2.06 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 | NEUTRAL | NEUTRAL | The long term trend for SSP is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SSP is up. |
| ChartMill Relative Strength | 95.73 | POSITIVE | SSP has a high relative strength, it outperformed 95.73% 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) | 82.24 | OVERBOUGHT | The high RSI value suggests SSP may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests SSP has a positive trend. |
| Stochastics (14,3) | 92.91 | OVERBOUGHT | The high Stochastics value suggests SSP may be overbought. |
| Average True Range in percent/ATR (20) | 6.12 | HIGH VOLATILITY | The high ATR as a percentage value for SSP suggests high volalility. |
| Average Directional Index/ADX (14) | 30.06 | POSITIVE | The high ADX value value for SSP suggests a strong trend. |
4.28
+1.22 (+39.87%)
EW SCRIPPS CO/THE-A / SSP 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.
Can you provide the trend direction for EW SCRIPPS CO/THE-A?
The current trend direction for EW SCRIPPS CO/THE-A (SSP) is Bearish.
Can you provide the RSI signal for EW SCRIPPS CO/THE-A?
EW SCRIPPS CO/THE-A (SSP) has an RSI value of 82.24. This indicates that the stock is currently overbought.
What is the MACD signal for SSP stock?
The MACD indicator for EW SCRIPPS CO/THE-A (SSP) has a value of 0.178691, indicating a bearish trend.
What is the short term momentum for EW SCRIPPS CO/THE-A (SSP) stock?
The short term momentum for EW SCRIPPS CO/THE-A (SSP) is positive.