SPRB Weekly 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 exhibits extremely bearish technicals following a massive failed rally and a subsequent severe gap down on high volume. The stock has returned to its long-term base near historical lows. With the price remaining below the 200-week SMA and momentum indicators (RSI, MACD) turning sharply negative, the overarching multi-year downtrend remains firmly intact.
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SPRB Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Recent severe gap down, price rejected from recent highs, RSI dropping below 50, and a MACD bearish crossover with a negative histogram.
Long-term Sentiment (weeks to months): Bearish
The stock remains in a massive multi-year downtrend, trading well below a declining 200-week SMA after a completely failed parabolic rally.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-02-21T18:39:20.862Z
- Model: gemini-3.1-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $47.50 | $45.00 - $50.00 | Weak | Immediate support near the low of the recent massive gap-down candle. |
| $35.00 | $30.00 - $40.00 | Strong | Historical multi-year consolidation base and the lower Bollinger Band area. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $100.00 | $95.00 - $105.00 | Strong | Confluence of the 20-week SMA, the 200-week SMA, and the lower edge of the recent gap. |
| $175.00 | $150.00 - $200.00 | Weak | Resistance within the gap area from the previous consolidation phase before the massive drop. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Failed Rally / Gap Down | Bearish | N/A | A parabolic price spike was entirely rejected, resulting in a severe gap down that erased all recent gains and indicates overwhelming selling pressure. |
Frequently Asked Questions about SPRB
What is the current sentiment for SPRB?
The short-term sentiment for SPRB is currently Bearish because Recent severe gap down, price rejected from recent highs, RSI dropping below 50, and a MACD bearish crossover with a negative histogram.. 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 $47.50 and $35.00. 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 51/100. It is not 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.