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 is currently in a correction phase following a failed breakout attempt above the 200-week SMA. While the long-term structure shows a constructive rounding bottom with price holding above the rising 50-week SMA, short-term indicators like the MACD bearish cross and price falling below the 20-week SMA suggest further consolidation or downside testing is likely. The stock is effectively range-bound between the 50-week SMA support and the 200-week SMA resistance.
Included In Lists
Related Tickers of Interest
SPRB Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
The price has fallen below the 20-week SMA (88.46) and the MACD displays a bearish crossover with a negative histogram, indicating fading momentum after the recent volatility.
Long-term Sentiment (weeks to months): Neutral
The stock has formed a long-term base above the 50-week SMA but remains capped by the 200-week SMA, failing to confirm a decisive trend reversal.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-01-31T23:42:05.910Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $47.14 | $44.29 - $50.00 | Strong | Confluence of the 50-week SMA and the upper boundary of the multi-year consolidation base. |
| $30.00 | $25.00 - $35.00 | Strong | Historical lows and long-term accumulation zone. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $88.48 | $88.46 - $88.50 | Weak | Immediate resistance at the 20-week SMA (Bollinger Band Basis). |
| $104.00 | $103.00 - $105.00 | Strong | The 200-week SMA acts as the primary overhead trend resistance. |
| $174.50 | $174.00 - $175.00 | Weak | Upper Bollinger Band and area of recent volatility spikes. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Rounding Bottom | Bullish | N/A | A multi-year accumulation phase visible from 2022 to present, indicating a potential long-term trend reversal if overhead resistance is cleared. |
| Strong | Rejection at Resistance | Bearish | $44.29 | Recent price action spiked towards the 200-week SMA and was sharply rejected, leaving a long upper wick and leading to the current pullback. |
Frequently Asked Questions about SPRB
What is the current sentiment for SPRB?
The short-term sentiment for SPRB is currently Bearish because The price has fallen below the 20-week SMA (88.46) and the MACD displays a bearish crossover with a negative histogram, indicating fading momentum after the recent volatility.. The long-term trend is classified as Neutral.
What are the key support levels for SPRB?
StockDips.AI has identified key support levels for SPRB at $47.14 and $30.00. 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 37/100. 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.