SPI ENERGY CO LTD (SPI) Stock Technical Analysis
NASDAQ:SPI - Nasdaq - KYG8651P1101 - Common Stock - Currency: USD
Taking everything into account, SPI scores 8 out of 10 in our technical rating. In the last year, SPI was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
SPI is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 95% of 109 stocks in the same industry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
SPI has an average volume of 6934890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that SPI is one of the better performing stocks in the market, outperforming 90% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
SPI is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month SPI has a been trading in the 0.31 - 1.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SPI has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
0.76
0.79
When analyzing the resistance we notice one important area.
- Resistance @0.78 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
CRS90.12
Mansfield4.75
10 Day High1.75
10 Day Low0.37
20 Day High1.75
20 Day Low0.31
52 Week High1.75
52 Week Low0.27
Performance
1 Week78.14%
2 Weeks75.29%
1 Month118.86%
3 Month66.52%
6 Month101.58%
12 Month15.81%
2 Year-53.86%
3 Year-73.4%
5 Year-56.48%
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)0.04
RSI(14)69.55
LBB0.19
UBB0.86
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.79 | 0.36 | 0.43 (54.43%) | 1.84% |
| An entry @0.79. This is a Buy Stop order right above the resistance zone. | An exit @0.36. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.43 points, which is 54.43%. | When investing 1.84% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
0.766
-0.09 (-10.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-10.42%
1 Week78.14%
2 Weeks75.29%
1 Month118.86%
3 Month66.52%
6 Month101.58%
12 Month15.81%
2 Year-53.86%
3 Year-73.4%
5 Year-56.48%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%26.07%
ATR Inc137.89%
Range Today0.63
ADR(20)0.2
ADR(20)%25.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.12
Mansfield4.75
10 Day High1.75
10 Day Low0.37
20 Day High1.75
20 Day Low0.31
52 Week High1.75
52 Week Low0.27
CS1 EndN/A
CR1 Start0.78
Volume & EV
DER(3)4.25%
DER(5)3.48%
Volume45.63M
Volume Incr1323.59%
Vol(5)53.45M
Vol(50)6.93M