SPRUCE POWER HOLDING CORP (SPRU) Stock Technical Analysis
NYSE:SPRU - New York Stock Exchange, Inc. - US9837FR2091 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to SPRU. SPRU scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, SPRU is a bad performer in the overall market: 78% of all stocks are doing better.
SPRU is one of the lesser performing stocks in the Independent Power and Renewable Electricity Producers industry. 73% of 20 stocks in the same industry do better.
SPRU is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
SPRU is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, SPRU does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
2.25
3.10
2 important support areas can be observed.
- Support @2.48 from a trend line in the daily time frame.
- A support zone ranging from 2.27 to 2.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 2.52 to 2.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.66 to 2.69. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Resistance @2.84 from a trend line in the weekly time frame.
- Resistance @2.99 from a trend line in the daily time frame.
- Resistance @3.07 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.86
Mansfield-2.64
10 Day High2.65
10 Day Low2.44
20 Day High2.8
20 Day Low2.44
52 Week High4.89
52 Week Low2.17
Performance
1 Week0.4%
2 Weeks-0.79%
1 Month-8.7%
3 Month10.04%
6 Month-16%
12 Month-30.19%
2 Year-67.19%
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
RSI(14)39.94
LBB2.47
UBB2.61
NYSE:SPRU (2/21/2025, 8:04:01 PM)
2.52
-0.02 (-0.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-0.79%
1 Week0.4%
2 Weeks-0.79%
1 Month-8.7%
3 Month10.04%
6 Month-16%
12 Month-30.19%
2 Year-67.19%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%4.92%
ATR Inc-24.09%
Range Today0.12
ADR(20)0.12
ADR(20)%4.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.86
Mansfield-2.64
10 Day High2.65
10 Day Low2.44
20 Day High2.8
20 Day Low2.44
52 Week High4.89
52 Week Low2.17
CS1 End2.48
CR1 Start2.52
Volume & EV
DER(3)-9.74%
DER(5)-6.05%
Volume30.30K
Volume Incr5.76%
Vol(5)26.26K
Vol(50)46.01K