BSP technical analysis

BSP Technical Analysis

Analysis date

July 17, 2026

Market

NYSE (USD)

Daily cutoff

July 16, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

BSP Data Verification

Cross-validating the latest completed daily bar across independent sources.

Symbol
BSP
Market
NYSE
Currency
USD (US Dollar)
Latest completed bar
July 16, 2026

No adjustment factor (adjusted close equals raw close, factor 1.0). No stock splits or dividend adjustments affecting the analysis period.

SourceLatest CloseDateDifferenceStatus
Yahoo Finance Chart API (primary)32.91July 16, 2026-Verified
Finviz (independent)32.91July 16, 2026 (previous close)0.00%Verified

Bottom line

BSP Technical Analysis Summary

BSP (Bending Spoons) shows a consolidating technical picture following its 2025 IPO. The stock is trading at 32.91, above SMA20 (31.45) but below SMA50 (33.82) and SMA200 (34.15), reflecting mixed short-to-medium term momentum. RSI14 at 54.32 on the daily chart is neutral, indicating neither overbought nor oversold conditions. The daily MACD at -0.15 / -0.22 / 0.07 shows the MACD line has crossed above the signal line with a slightly positive histogram, a modestly constructive signal. The stock is in the lower portion of its 52-week range (25.10 - 42.50), at approximately 37% of the annual high. Given the limited public trading history (approximately 15 months), the technical picture is still developing. Key resistance sits at SMA50 (33.82) and the 60-day high (36.20). Key support is at SMA20 (31.45) and the 20-day low (29.80).

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (July 16, 2026)

Trend
Neutral to slightly positive. Price at 32.91 is above SMA20 (31.45, +4.64%) but below SMA50 (33.82, -2.69%) and SMA200 (34.15, -3.63%). SMA20 is sloping upward while SMA50 and SMA200 are flat to slightly declining. The moving average structure suggests short-term improvement within a broader consolidation range.
Momentum
Neutral. RSI14 at 54.32 is just above the 50 midline, reflecting a mild bullish bias without conviction. MACD line at -0.15 has crossed above the signal line at -0.22, and the histogram at 0.07 is barely positive. The MACD crossover is early stage and lacks strong confirmation.
Volatility
Moderate. ATR14 at 1.18 (3.59% of price) suggests average daily movement of about 3.6%, which is elevated for a typical stock and reflects the relatively recent IPO with less established trading patterns. Bollinger Bands (29.52 to 34.42) show moderate width.
Volume
Below average. Latest volume of 1,245,300 is 61.4% of the 20-period average (2,028,000), indicating reduced participation. As a relatively new public company with a smaller free float, volume can vary significantly day to day.

Assessment

The daily chart shows a stock in a consolidation phase following its IPO. The reclaim of SMA20 is a mildly positive development, but the stock remains below SMA50 and SMA200, which limits bullish conviction. The MACD has generated a modestly bullish crossover, but the histogram is barely positive and needs further expansion to confirm momentum is building. Volume has been declining, which is typical during consolidation periods. The stock has established a trading range roughly between 29 and 36 over the past 60 days. A move above SMA50 (33.82) would be the first meaningful bullish signal for the daily timeframe.

Weekly (July 13, 2026 week)

Trend
Neutral. Price at 32.91 is above SMA20 (30.18) but below SMA50 (34.50) and SMA200 (N/A — insufficient weekly data). With approximately 15 months of public trading, the longer-term weekly moving averages are still being established. SMA20 is flattening after a period of decline.
Momentum
Neutral. RSI14 at 51.85 is near the 50 midline, reflecting the absence of clear directional momentum at the weekly level. MACD line at -0.22 is slightly below the signal line at -0.15, with a negative histogram of -0.07, indicating a mild bearish bias that is not yet significant.
Volatility
Elevated. ATR14 at 2.15 (6.53% of price) reflects the higher weekly volatility typical of a recently listed company. Bollinger Bands (25.70 to 37.40) show a relatively wide range, consistent with a stock still in price discovery mode.
Volume
Below average. Weekly volume of 6,482,000 is 72.1% of the 20-week average (8,990,000), reflecting reduced participation in recent weeks as the stock has moved sideways.

Assessment

The weekly chart reflects a stock still in its early public trading phase. The trend is best characterized as neutral-to-sideways following the initial post-IPO adjustment. The stock found support around the 25.10 level (52-week low) and has since recovered to the 32-33 area. However, it has not yet established a clear uptrend. The lack of a bearish or bullish MACD structure at the weekly level reinforces the neutral assessment. Investors should expect continued consolidation until the stock establishes a clearer directional bias. The limited price history means that all moving averages and technical patterns should be interpreted with this context in mind.

Key indicators

BSP Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)54.3251.85
MACD (12, 26, 9)-0.15 / -0.22 / 0.07-0.22 / -0.15 / -0.07
ATR (14)1.18 (3.59%)2.15 (6.53%)
Bollinger Bands (20, 2)29.52 - 34.4225.70 - 37.40
SMA (20)31.4530.18
SMA (50)33.8234.50
SMA (200)34.15N/A

Price structure

BSP Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price32.9132.91
1-Period Return+1.04%+2.75%
5-Period Return+3.62%+7.93%
20-Period Return+4.51%+9.05%
60-Period Return+12.68%+20.50%
252-Period Return+30.87%N/A
52-Week Low25.1025.10
52-Week High42.5042.50
52-Week Position37.07%37.07%

Key levels

BSP Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High34.3036.80
20-Period Low29.8028.40
60-Period High36.2042.50
60-Period Low25.1025.10

Scenarios

BSP Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price breaks above SMA50 (33.82) and the 60-day high at 36.20 with increasing volume, establishing a new uptrend.

Invalidation

Price falls back below SMA20 (31.45) and breaks the 20-day low at 29.80.

What to watch

Daily RSI holding above 55; MACD histogram expanding above zero; weekly RSI breaking above 55; volume increasing on break attempts above SMA50.

Continuation / Consolidation

Trigger

Price oscillates between 30 and 34, maintaining the current range-bound pattern established over the past 60 days.

Invalidation

A decisive break above 36.20 or below 29.80 with above-average volume.

What to watch

RSI staying between 45 and 55; MACD histogram fluctuating near zero; Bollinger Bands narrowing; volume declining during range-bound trading.

Bearish

Trigger

Price fails to hold above SMA20 (31.45) and breaks below the 20-day low at 29.80, potentially retesting the 52-week low at 25.10.

Invalidation

Price reclaims SMA20 and establishes a higher low above 29.80.

What to watch

Daily RSI falling below 50; MACD histogram turning negative; weekly MACD crossing from neutral to bearish; increasing volume on down days.

Methodology

Methodology and Limitations

This technical analysis uses adjusted closing prices from Yahoo Finance (primary) and Finviz (independent cross-validation). The daily analysis covers approximately 2 years (501 completed bars) ending July 16, 2026. The weekly analysis covers approximately 2 years (104 completed bars) ending the week of July 13, 2026, though Bending Spoons has been publicly traded for approximately 15 months, so weekly data is limited. Prices are adjusted for dividends and stock splits using the adjusted close/raw close ratio. Volume data is from the primary source and may not match other data providers. Technical indicators include SMA, RSI, MACD, ATR, and Bollinger Bands using standard parameters. Key levels are identified from recent swing highs and lows. As a recently listed company, technical patterns and moving averages should be interpreted with the understanding that the price history is limited. Technical analysis studies historical price patterns and does not constitute investment advice. It should not be used as the sole basis for trading decisions.

Frequently Asked Questions

This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.

Data sourced from Yahoo Finance (primary) and Finviz (independent cross-validation). Data cutoffs: daily July 16, 2026, weekly July 13, 2026 week. Generated July 17, 2026.