SPIR GROUP ASA (SPIR.OL) Stock Technical Analysis
OSL:SPIR - Euronext Oslo - NO0012548819 - Common Stock - Currency: NOK
Overall SPIR gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Warning: SPIR has an average volume of 9053 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, SPIR did better than 83% of all other stocks. We also observe that the gains produced by SPIR over the past year are nicely spread over this period.
SPIR is one of the better performing stocks in the Software industry, it outperforms 70% of 94 stocks in the same industry.
In the last month SPIR has a been trading in the 8.06 - 9.18 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
SPIR 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.
Besides having an excellent technical rating, SPIR also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 9.04. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.92, a Stop Loss order could be placed below this zone.
More info and screens
8.14
9.20
When analyzing the support we can see 3 important areas.
- A support zone ranging from 8.67 to 8.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.38 from a trend line in the daily time frame.
- A support zone ranging from 8.22 to 8.22. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 9.04 to 9.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.01
Mansfield1.01
10 Day High9.18
10 Day Low8.74
20 Day High9.18
20 Day Low8.06
52 Week High11.3
52 Week Low7.16
Performance
1 Week2.73%
2 Weeks4.15%
1 Month-2.8%
3 Month11.33%
6 Month7.88%
12 Month23.84%
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)0.03
RSI(14)50.05
LBB8.63
UBB9.15
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 |
|---|---|---|---|
| 9.12 | 8.73 | 0.39 (4.28%) | 23.38% |
| An entry @9.12. This is a Buy Stop order right above the resistance zone. | An exit @8.73. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.39 points, which is 4.28%. | When investing 23.38% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of SPIR. Please evaluate whether better entry and exit points can be found.
- 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.
OSL:SPIR (4/25/2025, 7:00:00 PM)
9.04
+0.22 (+2.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg2.49%
1 Week2.73%
2 Weeks4.15%
1 Month-2.8%
3 Month11.33%
6 Month7.88%
12 Month23.84%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%2.7%
ATR Inc-2.23%
Range Today0.1
ADR(20)0.17
ADR(20)%1.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.01
Mansfield1.01
10 Day High9.18
10 Day Low8.74
20 Day High9.18
20 Day Low8.06
52 Week High11.3
52 Week Low7.16
CS1 End8.92
CR1 Start9.04
Volume & EV
DER(3)0%
DER(5)0%
Volume4.58K
Volume Incr-86.11%
Vol(5)969.8
Vol(50)9.05K