Spire Global, Inc. (SPIR)

Spire Global, Inc. is trading at $8.87, down 8.37% on the session. The 50 day average sits at $11.38 and the 200 day at $13.83, which puts the stock in a downtrend. RSI is at 41.4, which reads as weak, and MACD is bullish crossover. Volume is below average.

The nearest support is around $8.46 with resistance near $12.37, so that band frames the current range. Average daily movement is roughly $0.58, or about 6.5% of the share price, which is what any stop placement has to allow for. The overall health score of 28 out of 100 combines a trend score of 3, momentum of 44 and a risk score of 44.

Spire Global, Inc. provides subscription-based data, insights, predictive analytics, and related project-based services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers Space Reconnaissance service, a mission-critical insights support defense, intelligence, and national security operations; Aviation service, a satellite-based aircraft tracking data to power applications; Weather and Climate, a space-based data, AI-powered insights, and predictive weather analytics; and Space Services solutions includes space-as-a- service, which delivers and develops infrastructure, including ground station network and cloud infrastructure to access spaces. It serves government, logistics, operations, insurance, energy, agriculture, and financial industries. It has strategic partnership with Schaeffler AG to develop space hardware subsystems, satellite platforms, and advanced radiofrequency (RF) and environmental sensing capabilities. The company was formerly known as Nanosatisfi, Inc. and changed its name to Spire Global, Inc. in July 2014. Spire Global, Inc. was founded in 2012 and is headquartered in Vienna, Virginia.