Technical Analysis for SPG - Spark Power Group Inc.

Grade Last Price % Change Price Change
grade C 1.27 -3.05% -0.040
SPG closed down 3.05 percent on Wednesday, July 8, 2020, on 16 percent of normal volume. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Flat Up Up
Historical SPG trend table...

Date Alert Name Type % Chg
Fell Below 200 DMA Bearish 0.00%
Narrow Range Bar Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Crossed Above 200 DMA Bullish -3.05%
Upper Bollinger Band Walk Strength -3.05%
Above Upper BB Strength -3.05%
Overbought Stochastic Strength -3.05%
Up 3 Days in a Row Strength -3.05%
Up 4 Days in a Row Strength -3.05%

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Profile

Spark Power Group Inc, formerly known as Canaccord Genuity Acquisition Corp, is a Canada-based provider of electrical power services to industrial, commercial, institutional, renewable, agricultural and utility customers across North America. The Company provides variety of services, such as High voltage , Renewable, Laboratory and testing, Monitoring and maintenance, Crew assist and mutual aid and Sales and rentals. The Company is focused on achieving renewable and sustainable on-site power solutions, such as Green Energy Solution, Energy Storage, Energy Efficiency, Energy Aware, On-Site Power and Electrical Vehicle Charging. The Company serves the high, medium and low voltage industries with a range of equipment sales, rentals, modular substation installations, design and repair services.
Electromagnetism Electrical Engineering Sustainable Energy Canaccord Genuity Genuity Repair Services

Is SPG a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 2.25
52 Week Low 0.9
Average Volume 19,267
200-Day Moving Average 1.272
50-Day Moving Average 1.147
20-Day Moving Average 1.140
10-Day Moving Average 1.177
Average True Range 0.058
ADX 18.69
+DI 31.687
-DI 19.548
Chandelier Exit (Long, 3 ATRs ) 1.137
Chandelier Exit (Short, 3 ATRs ) 1.183
Upper Bollinger Band 1.275
Lower Bollinger Band 1.005
Percent B (%b) 0.98
BandWidth 23.695
MACD Line 0.026
MACD Signal Line 0.002
MACD Histogram 0.0243
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.285
Resistance 3 (R3) 1.283 1.277 1.283
Resistance 2 (R2) 1.277 1.273 1.278 1.282
Resistance 1 (R1) 1.273 1.270 1.275 1.275 1.281
Pivot Point 1.267 1.267 1.268 1.268 1.267
Support 1 (S1) 1.263 1.263 1.265 1.265 1.259
Support 2 (S2) 1.257 1.260 1.258 1.258
Support 3 (S3) 1.253 1.257 1.258
Support 4 (S4) 1.255