VOLUME
Sell
TREND
Hold
MV LONG
Sell

MV SHORT
Buy

PIVOT
Sell

MACD
Buy

SPSC Forecast and Technical Stock Analysis

Sell candidate since 2019-07-15 Loss -0.09%

SPS Commerce gained 0.81% in the last trading day ( Wednesday, 17th Jul 2019 ), rising from $102.87 to $103.70 During day the stock fluctuated 2.39% from a day low at $102.44 to a day high of $104.89. The price has fallen in 6 of the last 10 days , but is still up by 0.93% over the past 2 weeks. Volume fell in the last day by -22 133 shares, and in total, 70 908 shares bought and sold for approximately $7.35 million. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.

Quick summary:

  • 30 day high of the SPSC stock price was $110.00 and low was $99.37.
  • 90 day high was $115.00 and low was $98.59.
  • 52 week high for the SPS Commerce - $115.00 and low - $75.41.
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Trend

SPS Commerce is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend you can expect SPS Commerce with 90% probability to be traded between $99.09 and $107.36 at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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Signals

Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. SPS Commerce holds a buysignal from the short-term moving average; at the same time, however, a sales signal from the long-term average. Since the longterm average is above the short-term average there is a general sales signal in the stock. On further gains, the stock will meet resistance from the long-term moving average at $104.22. On a fall, the stock will find some support from the short-term average at $103.34. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sales signal and strengthen the general signal. A sales signal was issued from a pivot top point on Friday July 12, 2019, which indicates further falls until a new bottom pivot has been found.

A sell signal from a double top formation was found on Friday July 12, 2019 and based on theory for this formation the price should fall by -2.01% to $101.66 within 6 trading days since signal was issued (Monday July 22, 2019).

Relative Strength Index (RSI)

RSImin/max Values: [ 25 - 75 ]

RSI14 is 66 and the stock is currently not being overbought or oversold

* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

Support & Resistance

SPS Commerce finds support from accumulated volume at $102.55.

Support: $102.55 Price: $103.70 Resistance: $103.74

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $2.45 (2.39%) between high and low. For the last week, the stock has had a daily average volatility of 1.93%.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

1.93 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Sell Candidate Upgraded

Evaluation

SPS Commerce holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Stronger Sell Today SPSC ranks #3796 as SELL CANDIDATE #3796 Weaker Sell

Will SPSC stock price go up or down on Fri, 19 Jul 2019?

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