Spire Global's 15-minute chart has exhibited a significant bearish trend, as indicated by the MACD Death Cross, KDJ Death Cross, and Bearish Marubozu signals at 07/09/2025 13:45. These technical indicators suggest that the stock price is likely to continue declining, with a shift in momentum towards the downside. The market appears to be dominated by sellers, and the bearish momentum is expected to persist.
Spire Global's 15-minute chart has exhibited a significant bearish trend, as indicated by the MACD Death Cross, KDJ Death Cross, and Bearish Marubozu signals at 07/09/2025 13:45. These technical indicators suggest that the stock price is likely to continue declining, with a shift in momentum towards the downside. The market appears to be dominated by sellers, and the bearish momentum is expected to persist.
The MACD Death Cross is a technical indicator that signals a potential reversal in the stock's trend. The MACD line crosses below the signal line, indicating a bearish trend. The KDJ Death Cross is another technical indicator that suggests a potential change in the stock's trend. The KDJ line crosses below the signal line, indicating a bearish trend. The Bearish Marubozu signal is a candlestick pattern that suggests a potential reversal in the stock's trend. The candlestick is long and has no wicks, indicating a strong bearish trend.
The MACD Death Cross, KDJ Death Cross, and Bearish Marubozu signals suggest that Spire Global's stock price is likely to continue declining. The market appears to be dominated by sellers, and the bearish momentum is expected to persist. However, it is important to note that technical indicators should be used in conjunction with other forms of analysis, such as fundamental analysis, to make informed investment decisions.
Spire Global's stock price has fallen by -1.38% on the last day (Wednesday, 9th Jul 2025) from $12.33 to $12.16 [2]. The price has risen in 7 of the last 10 days and is up by 22.58% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -420 thousand shares and in total, 193 thousand shares were bought and sold for approximately $2.35 million.
The stock lies in the upper part of a wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $12.37 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 26.72% during the next 3 months and, with a 90% probability hold a price between $12.89 and $15.68 at the end of this 3-month period [2].
The Spire Global, Inc. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $11.89 and $11.12. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, July 08, 2025, and so far it has fallen -1.38%. Further fall is indicated until a new bottom pivot has been found [2].
On the downside, the stock finds support just below today's level from accumulated volume at $10.64 and $10.48. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Spire Global, Inc. finds support just below today's level at $10.64. If this is broken, then the next support from accumulated volume will be at $10.48 and $9.69 [2].
For the upcoming trading day on Thursday, 10th we expect Spire Global, Inc. to open at $12.22, and during the day (based on 14 day Average True Range), to move between $11.53 and $12.79, which gives a possible trading interval of +/-$0.626 (+/-5.15%) up or down from last closing price. If Spire Global, Inc. takes out the full calculated possible swing range there will be an estimated 10.30% move between the lowest and the highest trading price during the day. Since the stock is closer to the resistance from accumulated volume at $12.31 (1.23%) than the support at $10.64 (12.50%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level [2].
Spire Global's stock price has fallen by -1.38% on the last day, and the stock is expected to continue declining in the near term. The MACD Death Cross, KDJ Death Cross, and Bearish Marubozu signals suggest a bearish trend, and the market appears to be dominated by sellers. However, it is important to note that technical indicators should be used in conjunction with other forms of analysis to make informed investment decisions.
References:
[1] https://stocktwits.com/news-articles/markets/equity/why-titan-shares-are-falling-sebi-ra-warns-of-bearish-trend-despite-20-growth/chFvKOnR5XP
[2] https://stockinvest.us/stock/SPIR
[3] https://en.coinotag.com/3-billion-bitcoin-options-expiry-on-deribit-may-influence-market-volatility-and-trading-dynamics/
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