SPAR GROUP INC (SGRP) Stock Technical Analysis
NASDAQ:SGRP - Nasdaq - US7849331035 - Common Stock
Overall SGRP gets a technical rating of 3 out of 10. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
SGRP is one of the better performing stocks in the Media industry, it outperforms 79% of 92 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that SGRP is one of the better performing stocks in the market, outperforming 83% of all stocks. However, we also see that SGRP couldn't keep up this performance in the last couple of months.
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 1.72 - 1.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, SGRP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.95. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.83, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SGRP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.12
2.51
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.82 to 1.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.76 to 1.79. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @1.13 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 1.95 to 1.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.17 from a trend line 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.
- Resistance @2.49 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.42
Mansfield-1.15
10 Day High1.97
10 Day Low1.72
20 Day High1.99
20 Day Low1.72
52 Week High3.12
52 Week Low0.97
Performance
1 Week0.55%
2 Weeks-5.64%
1 Month-2.13%
3 Month-25.2%
6 Month-7.54%
12 Month71.98%
2 Year40.46%
3 Year55.93%
5 Year62.83%
10 Year30.5%
15 Year67.27%
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)0.01
RSI(14)41.1
LBB1.77
UBB1.99
SPAR GROUP INC
NASDAQ:SGRP (1/22/2025, 10:31:05 AM)
1.87
+0.03 (+1.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg1.63%
1 Week0.55%
2 Weeks-5.64%
1 Month-2.13%
3 Month-25.2%
6 Month-7.54%
12 Month71.98%
2 Year40.46%
3 Year55.93%
5 Year62.83%
10 Year30.5%
15 Year67.27%
Volatility
ATR(14)0.06
ATR(20)%3.64%
ATR Inc-14.9%
Range Today0.1
ADR(20)0.07
ADR(20)%3.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.42
Mansfield-1.15
10 Day High1.97
10 Day Low1.72
20 Day High1.99
20 Day Low1.72
52 Week High3.12
52 Week Low0.97
CS1 End1.83
CR1 Start1.95
Volume & EV
DER(3)4.82%
DER(5)1.83%
Volume5.29K
Volume Incr83.37%
Vol(5)136.08K
Vol(50)118.11K