SPCE Technical Signal Analysis
SPCE have 3 buy signals and 3 sell signals now. The current trend is downtrend starting from 2025-02-27. The total price change during this trend is -15.93%. Recently, the price has increased significantly with an increase in volume, indicating a strong bullish signal. The average turnover of SPCE over last 5 trading day is $6,234,146.33
3 Bullish Signal
3 Bearish Signal
Name
Signal
Value
Meaning
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
9.72
Bullish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-115.78
Bullish
Moving Average
Price crosses above 5-day SMA
--
Bullish
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 < 0
-1
Bearish
Momentum (10 days)
MOM_10 < 0
-0.62
Bearish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-0.45
Bearish
3 Bullish Signal
Name
Signal
Value
Meaning
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
9.72
Bullish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-115.78
Bullish
Moving Average
Price crosses above 5-day SMA
--
Bullish
SPCE Support and Resistance Level
The support levels for SPCE are at 2.95, 2.56, and 1.93, while the resistance levels are at 4.21, 4.6, and 5.23. With the current stock price at 3.215, it is leaning more toward the support levels.
SPCE Technical Analysis
Technical Analysis of SPCE Stock
Current Price and Recent Performance
As of the latest data on 2025-03-07, SPCE is trading at $3.42. The stock closed the regular market session at $3.41, with an intraday high of $3.45 and a low of $3.286. The volume for the day was 946,600 shares, indicating moderate trading activity.
Technical Indicators Analysis
Relative Strength Index (RSI):
- The RSI_14 for SPCE is 26.96, which is in the oversold territory. This suggests that the stock may be due for a potential bounce or reversal in the short term.
MACD:
- The MACD line is currently at -0.42, and the signal line is at -0.03, indicating bearish momentum. However, the MACD is showing early signs of divergence, which could signal a potential trend reversal.
Stochastic Oscillator:
- The Stochastic Oscillator (%K) is at 10.96, and (%D) is at 10.07, both in oversold territory. This aligns with the RSI, suggesting that the stock may be nearing a short-term bottom.
Bollinger Bands:
- SPCE is currently trading near the lower Bollinger Band, which is at $3.286. This further supports the oversold condition and the potential for a bounce.
Fibonacci Levels
- Fibonacci Resistance Levels:
- R1: $4.29
- R2: $4.58
- R3: $5.05
- Fibonacci Support Levels:
- S1: $3.35
- S2: $3.06
- S3: $2.59
The stock is currently trading below the S1 support level ($3.35), which could act as a resistance level if the price attempts to rebound.
Price Volume Analysis
The price-volume relationship indicates that SPCE is in a bearish trend, with the stock failing to break above the $3.50 resistance level despite multiple attempts. The volume has been decreasing during the recent price decline, suggesting a lack of strong selling pressure.
Candlestick Chart
Conclusion and Recommendation
Based on the technical analysis, SPCE is currently in an oversold condition, with multiple indicators suggesting a potential short-term bounce. However, the overall trend remains bearish, and the stock faces significant resistance at higher levels.
Recommendation:
- Sell or Avoid SPCE at current levels.
- Consider re-entering if the stock shows a confirmed bullish reversal, such as a breakout above $3.50 with increasing volume.
Disclaimer: This analysis is for informational purposes only and should not be considered as investment advice. Always consult a financial advisor before making investment decisions.
SPCE FAQs
Which bull technical signals does SPCE have?
Which bearish technical signals does SPCE have?
How reliable is technical analysis?
How can I use moving averages to set entry and exit points for SPCE stock?
Is SPCE a buy based on overall technical signals summary?
SPCE Buy or Sell
SPCE has 3 buy signals and 3 sell signals now. Overall the technical rating for SPCE is Neutral.
Neutral
Sell
3
Buy
3
SPCE Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a positive trend with the 3.215 above the SMA_5. In the short term, the stock shows a negative trend with the 3.19 below the SMA_20. In the mid term, the stock shows a negative trend with the 3.82 below the SMA_60. In the long term, the stock shows a negative trend with the 4.96 below the SMA_200.
Swing
Positive
Stock Price Above SMA_5
Short Term
Negative
SMA_5 Below SMA_20
Mid Term
Negative
SMA_20 Below SMA_60
Long Term
Negative
SMA_60 Below SMA_200
Free Financial AI Agent for Investment
Ask any investment related question and get answer instantly
What do technical indicators suggest about SPCE's current trend?What are SPCE's key support and resistance levels?