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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Spear Alpha ETF (NASDAQ:SPRX)

Sidelines Mode (+55) - SPRX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SPRX?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPRX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_SPRX
Open High Low SPRX Price Change
22.1100 22.2351 22.0300 22.2250 -0.2650
Entry Signal

MarketClub’s Trade Triangles for SPRX

long term down The long-term trend has been DOWN since Apr 22nd, 2024 at 20.8600

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 22.8000

short term down The short-term trend has been DOWN since May 8th, 2024 at 22.1791

Smart Scan Analysis for SPRX

Based on our trend formula, SPRX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SPRX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.1100 22.2351 22.0300 22.2250 -0.2650
Prev. Close Volume Bid Ask Time
22.2100 35265 2024-05-08 15:59:45
52wk High25.6652wk High Date2024-02-12
52wk Low14.8652wk Low Date2023-05-09
Average Volume62,482Shares Outstanding100
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