SPRB Daily Technical Analysis
Spruce Biosciences Inc
Spruce Biosciences focuses on developing and commercializing novel therapies for rare endocrine and neurological disorders with significant unmet medical needs.
SPRB Technical Analysis Summary
SPRB is currently in a consolidation phase following a massive volatility event and subsequent crash in October. The price is stabilizing between the 20-day SMA and the declining 50-day SMA, with volume drying up significantly. While the MACD shows a mild bullish crossover, the overhead resistance at the 50-day SMA (~88.71) and upper Bollinger Band suggests upside is limited until a breakout occurs.
Included In Lists
Related Tickers of Interest
SPRB Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Neutral
Price is consolidating in a tight range between the 20-day SMA (support) and 50-day SMA (resistance), with RSI near 52 indicating no clear momentum.
Long-term Sentiment (weeks to months): Bearish
Despite being above the 200-day SMA, the stock has crashed significantly from its October highs and is trading below a declining 50-day SMA.
Report Metadata
- Timeframe: daily
- Generated at: 2026-01-23T15:20:42.810Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $80.85 | $80.69 - $81.00 | Weak | Aligns with the 20-day SMA and Bollinger Band basis. |
| $72.50 | $70.00 - $75.00 | Strong | Recent consolidation lows and lower Bollinger Band area. |
| $46.50 | $46.00 - $47.00 | Strong | 200-day SMA acting as long-term structural support. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $89.54 | $88.71 - $90.38 | Strong | Confluence of the 50-day SMA and the Upper Bollinger Band. |
| $102.50 | $100.00 - $105.00 | Weak | Psychological level and previous minor swing high. |
| $122.50 | $120.00 - $125.00 | Strong | Significant breakdown level from the November decline. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Volatility Contraction | Neutral | N/A | Bollinger Bands have narrowed significantly, indicating a squeeze and reduced volatility following the major crash. |
| Weak | Base Building | Bullish | $100.00 | Price has stabilized in the 70-90 range after a steep downtrend, forming a potential accumulation zone. |
Frequently Asked Questions about SPRB
What is the current sentiment for SPRB?
The short-term sentiment for SPRB is currently Neutral because Price is consolidating in a tight range between the 20-day SMA (support) and 50-day SMA (resistance), with RSI near 52 indicating no clear momentum.. The long-term trend is classified as Bearish.
What are the key support levels for SPRB?
StockDips.AI has identified key support levels for SPRB at $80.85 and $72.50. These levels may represent potential accumulation zones where buying interest could emerge.
Is SPRB in a significant dip or a Value Dip right now?
SPRB has a Value Score of 77/100. It is currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.