SPAR GROUP INC (SGRP)

US7849331035 - Common Stock

1.9  +0.01 (+0.53%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to SGRP. Although SGRP is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

SGRP is one of the better performing stocks in the Media industry, it outperforms 80% of 92 stocks in the same industry.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the yearly performance of all stocks, we notice that SGRP is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
SGRP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SGRP is lagging the market.
In the last month SGRP has a been trading in the 1.70 - 2.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
SGRP Weekly chart
SGRP Daily chart
Setup Rating and Analysis

3

The technical rating of SGRP is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

1.10

2.51

2 important support areas can be observed.

  • A support zone ranging from 1.77 to 1.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @1.11 from a trend line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 2.28 to 2.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 2.40 to 2.41. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 2.48 to 2.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.89
Mansfield-0.66
10 Day High2.28
10 Day Low1.7
20 Day High2.3
20 Day Low1.7
52 Week High3.12
52 Week Low0.95
Performance
1 Week6.78%
2 Weeks-16.37%
1 Month-11.27%
3 Month-21.25%
6 Month-12.09%
12 Month76.64%
2 Year45.38%
3 Year53.66%
5 Year45.38%
10 Year35%
15 Year136.25%
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)34.56
LBB1.68
UBB2.41
SGRP Daily chart

SPAR GROUP INC

NASDAQ:SGRP (12/18/2024, 3:24:59 PM)

1.9

+0.01 (+0.53%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg0.53%
1 Week6.78%
2 Weeks-16.37%
1 Month-11.27%
3 Month-21.25%
6 Month-12.09%
12 Month76.64%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.11
ATR(20)%5.37%
ATR Inc
Range Today0.01
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.28
10 Day Low1.7
20 Day High2.3
20 Day Low1.7
52 Week High3.12
52 Week Low0.95
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.45K
Volume Incr238.33%
Vol(5)373.90K
Vol(50)139.18K