EW SCRIPPS CO/THE-A (SSP) Technical Analysis
NASDAQ:SSP • US8110544025
Taking everything into account, SSP scores 10 out of 10 in our technical rating. 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.
- When comparing the yearly performance of all stocks, we notice that SSP is one of the better performing stocks in the market, outperforming 97% of all stocks. On top of that, SSP also shows a nice and consistent pattern of rising prices.
- SSP is one of the better performing stocks in the Media industry, it outperforms 97% of 91 stocks in the same industry.
- SSP is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SSP is performing more or less in line with the market.
- In the last month SSP has a been trading in the 3.27 - 4.78 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
2.56
We found 2 important support areas.
- A support zone ranging from 3.66 to 3.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.59 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @4.91 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 | 97.06 | POSITIVE | SSP has a high relative strength, it outperformed 97.06% 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) | 69.29 | NEUTRAL | The RSI value for SSP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests SSP has a positive trend. |
| Stochastics (14,3) | 85.97 | OVERBOUGHT | The high Stochastics value suggests SSP may be overbought. |
| Average True Range in percent/ATR (20) | 6.51 | HIGH VOLATILITY | The high ATR as a percentage value for SSP suggests high volalility. |
| Average Directional Index/ADX (14) | 23.13 | NEUTRAL | The ADX value for SSP suggests a possible start of a new trend. |
SSP Technicals: Chart, Performance Metrics, Trend & Indicators
4.57
+0.16 (+3.63%)
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.
What is the current trend direction of EW SCRIPPS CO/THE-A (SSP) stock?
The current trend direction for EW SCRIPPS CO/THE-A (SSP) is Bullish.
Can you provide the RSI signal for EW SCRIPPS CO/THE-A?
EW SCRIPPS CO/THE-A (SSP) has an RSI value of 69.2937. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for EW SCRIPPS CO/THE-A?
The buy/sell signal for EW SCRIPPS CO/THE-A (SSP) is buy as both the short term and long term trends are positive.
What is the support and resistance level for SSP stock?
EW SCRIPPS CO/THE-A (SSP) has a support level at 3.69 and a resistance level at 4.91. Check the full technical report for our detailed analysis of SSP support and resistance levels.