SPHERE ENTERTAINMENT CO (SPHR)

US55826T1025 - Common Stock

39.99  -1.01 (-2.46%)

After market: 40.3 +0.31 (+0.78%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to SPHR. SPHR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

In the last month SPHR has a been trading in the 39.10 - 50.74 range, which is quite wide. It is currently trading near the lows of this range.
SPHR is one of the better performing stocks in the Entertainment industry, it outperforms 75% of 70 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 compared to the yearly performance of all other stocks, SPHR outperforms 68% of them, which is more or less in line with the market.
SPHR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SPHR is lagging the market.
Weekly and Daily overview Charts
SPHR Weekly chart
SPHR Daily chart
Setup Rating and Analysis

3

The technical rating of SPHR 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

33.34

51.40

3 important support areas can be observed.

  • A support zone ranging from 39.75 to 39.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @34.37 from a trend line in the weekly time frame.
  • Support @33.68 from a trend line in the daily time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 41.80 to 42.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @49.27 from a horizontal line in the daily time frame.
  • Resistance @50.89 from a horizontal line in the daily 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
CRS68.1
Mansfield-0.82
10 Day High44.64
10 Day Low39.1
20 Day High50.74
20 Day Low39.1
52 Week High51.83
52 Week Low27.02
Performance
1 Week-4.26%
2 Weeks-9.89%
1 Month-17.51%
3 Month20.16%
6 Month-12.42%
12 Month9.62%
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)-0.65
RSI(14)37.11
LBB38.63
UBB47.16
SPHR Daily chart

SPHERE ENTERTAINMENT CO

NYSE:SPHR (9/18/2024, 8:04:01 PM)

After market: 40.3 +0.31 (+0.78%)

39.99

-1.01 (-2.46%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-2.46%
1 Week-4.26%
2 Weeks-9.89%
1 Month-17.51%
3 Month20.16%
6 Month-12.42%
12 Month9.62%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.86
ATR(20)%4.5%
ATR Inc
Range Today1.72
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 High44.64
10 Day Low39.1
20 Day High50.74
20 Day Low39.1
52 Week High51.83
52 Week Low27.02
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume655.60K
Volume Incr-28.64%
Vol(5)627.46K
Vol(50)712.12K