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SPHR — Oversold Bullish Reversal
Status: Invalidated
Scanner score: 20.0/100
Why this was flagged
SPHR was identified as a bullish technical setup based on the Oversold Bullish Reversal pattern. The scanner found a score of 20.0/100 using trend alignment, momentum, price action, volume, and risk-management rules. Monitor update: Latest daily-chart analysis no longer reports a bullish long setup.
Trade framework
Position-sizing example
These examples use the distance between the reference entry and stop-loss. They do not account for commissions, slippage, taxes, overnight gaps, or your personal account size.
Exit plan
- Stop-loss: Exit if the stop-loss is reached. Do not move the stop farther away to avoid taking the planned loss.
- Target 1: Consider taking partial profit when Target 1 is reached and reducing risk on the remaining shares.
- Target 2 or trailing exit: Consider closing the remaining position at Target 2, or use a disciplined trailing stop only if the trend remains strong.
- Time exit: Reassess or close a trade that fails to progress within the suggested holding window.
Technical chart
Daily closing price with moving averages and planned trade levels. This chart is a screening aid, not a guarantee of future results.
$1,000 educational outcome examples
These examples use a $1,000 position and fractional shares at the midpoint of the entry zone. Actual results can differ because of market gaps, fills, spreads, commissions, taxes, slippage, and changing conditions.
Easy explanation for new investors
Sphere Entertainment (SPHR) got attention because its computer tool found a specific pattern. This is called an "Oversold Bullish Reversal." It means the stock price dropped fast and far. The tool thinks it might go back up. The RSI, which is like a battery gauge for stock strength, sits at 33.93. This is low, showing the stock is tired. A 10-year-old would know this is like a rubber band pulled back tight. The scanner gave it a low score of 20 out of 100. This suggests the signal is weak. It is not a strong shout. It is a quiet whisper. You must be very careful.
What the price plan means
The plan has clear rules. The entry zone is between $141.80 and $143.30. This is where you would look. If the price drops below $132.79, the idea is dead. That is the stop-loss line. If the stock moves up to $159.83 or $168.84, those are target prices. The risk-reward ratio is 2. This means for every dollar you might lose, you aim to make two. It sounds good, but the setup is not strong.
What could make the idea fail
The main problem is the low score. The volume is also very low. It is only 0.53 times normal. This means few people are trading it. Without many buyers, the price might not move up. It could just sit there or fall further. The trend might not actually turn around.
Important reminder
This is just data, not advice. Do not act on this alone. Check other facts. Stocks can be unpredictable. Always protect your money. Use small amounts to test ideas. If you are not sure, wait. Learning takes time. Never risk money you cannot afford to lose. This tool helps you see patterns, but it cannot predict the future. Always stay cautious and keep learning.
Recent news context
This automated review is separate from the technical score. It summarizes recent related articles and does not predict price movement.
Overall context: Neutral (Low confidence)
Sphere Entertainment shares experienced a 4.2% decline to $150.71, with trading volume below average. Despite the price drop, the company recently exceeded quarterly expectations by reporting higher revenue and a smaller adjusted loss than estimated. Analysts maintain a "Moderate Buy" rating with price targets ranging from $188 to $191. Technical indicators suggest an oversold condition with a potential bullish reversal, though the provided article coverage is limited and mixed regarding immediate sentiment.
Potentially supportive context
- The company reported higher revenue and a smaller adjusted loss than estimated in the recent quarter.
- Analysts maintain a 'Moderate Buy' rating with price targets between $188 and $191.
Risks and caution items
- Shares declined 4.2% to $150.71, indicating short-term volatility.
- Trading volume was significantly lower than average, potentially reflecting low market interest or uncertainty.
Latest reviewed article: Aug 27, 2026 11:17 pm
Recent related articles
Sphere Entertainment (NYSE:SPHR) shares dropped 4.2% to $150.71 on Thursday, with trading volume significantly lower than average. Despite the dip, analysts maintain a "Moderate Buy" rating with price targets between $188 and $191. The company recently surpassed quarterly expectations, reporting a smaller…
Important: Some returned articles may describe competitors, industry conditions, or related companies. Open the source before relying on an article.
Scanner confirmations
- RSI is near oversold territory with bullish candle confirmation.