SPRUCE BIOSCIENCES INC (SPRB) Stock Technical Analysis
NASDAQ:SPRB - Nasdaq - US85209E1091 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to SPRB. SPRB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
99% of all other stocks performed better in the past year than SPRB.
SPRB is part of the Biotechnology industry. There are 568 other stocks in this industry, of which 87% are performing better than SPRB.
SPRB is currently making a new 52 week low. This is a very bad signal. SPRB is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month SPRB has a been trading in the 0.11 - 0.35 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
SPRB has an average volume of 1060010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of SPRB is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.12
0.12
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.92
Mansfield-7.37
10 Day High0.32
10 Day Low0.11
20 Day High0.35
20 Day Low0.11
52 Week High0.87
52 Week Low0.11
Performance
1 Week-59.78%
2 Weeks-59.45%
1 Month-64.67%
3 Month-67.46%
6 Month-77.13%
12 Month-83.05%
2 Year-94.24%
3 Year-93.26%
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)-0.02
RSI(14)18.75
LBB0.12
UBB0.39
0.1187
0 (-3.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.5%
1 Week-59.78%
2 Weeks-59.45%
1 Month-64.67%
3 Month-67.46%
6 Month-77.13%
12 Month-83.05%
2 Year-94.24%
3 Year-93.26%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%32.02%
ATR Inc-59.38%
Range Today0.02
ADR(20)0.03
ADR(20)%26.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.92
Mansfield-7.37
10 Day High0.32
10 Day Low0.11
20 Day High0.35
20 Day Low0.11
52 Week High0.87
52 Week Low0.11
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-12.59%
DER(5)-11.53%
Volume3.98M
Volume Incr2622.44%
Vol(5)7.89M
Vol(50)1.06M