Logo image of SPHR

SPHERE ENTERTAINMENT CO (SPHR) Stock Technical Analysis

NYSE:SPHR - New York Stock Exchange, Inc. - US55826T1025 - Common Stock - Currency: USD

46.92  -0.46 (-0.97%)

After market: 46.92 0 (0%)

Technical Rating and Analysis

9

Taking everything into account, SPHR scores 9 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, SPHR is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
SPHR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SPHR is lagging the market slightly.
SPHR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When comparing the yearly performance of all stocks, we notice that SPHR is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
SPHR is part of the Entertainment industry. There are 71 other stocks in this industry, SPHR did better than 70% of them.
Weekly and Daily overview Charts
SPHERE ENTERTAINMENT CO / SPHR Weekly stock chart
SPHERE ENTERTAINMENT CO / SPHR Daily stock chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, SPHR also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 48.91. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 46.91, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

35.84

50.58

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 46.26 to 46.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @41.17 from a horizontal line in the daily time frame.
  • Support @39.62 from a trend line in the weekly time frame.
  • Support @38.58 from a trend line in the daily time frame.
  • Support @36.20 from a trend line in the weekly time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 48.91 to 49.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @50.08 from a horizontal line in the weekly time frame.
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
CRS83.11
Mansfield0.33
10 Day High49.12
10 Day Low45.6
20 Day High49.12
20 Day Low42.02
52 Week High51.83
52 Week Low32.1
Performance
1 Week-1.01%
2 Weeks-1.03%
1 Month9.24%
3 Month16.46%
6 Month-6.29%
12 Month14.8%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)-0.15
RSI(14)58.18
LBB45.27
UBB48.84
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.

ENTRYEXITDISTANCECAPITAL
49.0946.252.84 (5.79%)17.29%
An entry @49.09. This is a Buy Stop order right above the resistance zone.An exit @46.25. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 2.84 points, which is 5.79%.For a 1.00% total portfolio risk, you can invest 17.29% 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.
SPHERE ENTERTAINMENT CO / SPHR Daily stock chart

SPHERE ENTERTAINMENT CO

NYSE:SPHR (2/21/2025, 8:04:01 PM)

After market: 46.92 0 (0%)

46.92

-0.46 (-0.97%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-0.97%
1 Week-1.01%
2 Weeks-1.03%
1 Month9.24%
3 Month16.46%
6 Month-6.29%
12 Month14.8%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.74
ATR(20)%3.69%
ATR Inc6.3%
Range Today2.45
ADR(20)1.73
ADR(20)%3.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.11
Mansfield0.33
10 Day High49.12
10 Day Low45.6
20 Day High49.12
20 Day Low42.02
52 Week High51.83
52 Week Low32.1
CS1 End46.91
CR1 Start48.91
Volume & EV
DER(3)-0.9%
DER(5)0.7%
Volume834.20K
Volume Incr0.95%
Vol(5)620.58K
Vol(50)679.71K