SPSCSPS Commerce is a corporation based in the United States that provides cloud-based supply chain management software to retailers, suppliers, third-party logistics providers and partners.
Bias: Buy/Long - Looking for a breakout.
SPSC trade ideas
excellent EPS and sales track recordearnings in one week and currently bellow the prev earnings price.
SPSC: Breakout Confirmed, 31.04% Potential Profit!Description: SPSC is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position.
Stats:
1. Ideal buy range: $102.4 - $108.6
2. Take profit: $134.49
3. Stop Loss: $96.65
4. Risk To Reward: 1 / 5
5. Accuracy Rating: 94%
SPSC - 94.27 Buy Point out of Box PatternNASDAQ:SPSC
Having watched SPSC and putting it in the StockConquer. We view this as a hold aiming for a price target. Analyst consensus points at a price target at $98.33. Viewing this as a hold and would consider adding on at $94.27.
Time to go long SPSC?SPS Commerce, Inc (SPSC) has had a massive run this year. SPS Commerce provides cloud-based supply chain management solutions worldwide. It offers solutions through the SPS Commerce platform, a cloud-based platform that enhances the way retailers, suppliers, grocers, distributors, and logistics firms manage and fulfill orders, administer sell-through performance, and source new items.
Last Twelve Months fundamentals are strong:
ROC: 7.35%
LFCF 3yr CAGR: 39.7%
Gross Margin: 67.6%
EBITDA: $54,844,000
Net Cash: $145,506,000
EV/EBITDA: 41.8x
Net Debt/EBITDA: 0x
V bottomNo rising wedges in this chart that I can see
No handle for support with a V bottom
NV is high and the stock is fairly close to support.
Possible stop 69
Not a recommendation
Looking Good, SPSCLooking for decent buys for the next few weeks, this one just gapped up with strong technical signals.
SPS ready to go!Fundamentals:
SPS Commerce provides cloud-based supply chain management solutions worldwide. It provides solutions through the SPS Commerce platform, a cloud-based product suite that enhances the way suppliers, retailers, distributors, and other customers manage and fulfill orders. This is still young and developing company in very profitable industry.
Technicals:
The price was hammered on February by its earnings, but for now, it recovered most of losses and perking its head out of consolidation. Following its 8/21 EMAs nicely since mid of April.
Trade and Risk Management:
Break of consolidation resistance $53 gives us an entry on Monday. Stop below $50, wich is also psychologycal level. And giving us target at $62 - measured level from $42 to recent top $53.
