SPI ENERGY CO LTD (SPI) Stock Technical Analysis
NASDAQ:SPI - Nasdaq - KYG8651P1101 - Common Stock
We assign a technical rating of 8 out of 10 to SPI. 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 long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
SPI is part of the Semiconductors & Semiconductor Equipment industry. There are 109 other stocks in this industry. SPI outperforms 79% of them.
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 relatively good performance is mostly due to a recent big move.
SPI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SPI is lagging the market.
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.
Although SPI has an excellent technical rating, the quality of the presented setup is not ideal 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
We found 1 important resistance 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
CRS90.58
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 worst case loss on the trade is limited to 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.
SPI ENERGY CO LTD
NASDAQ:SPI (1/14/2025, 8:06:25 PM)
After market: 0.5401 -0.23 (-29.49%)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
CRS90.58
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