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SPRC Stock Draws Bullish Upgrades As Traders Circle Thumbnail

SPRC Stock Draws Bullish Upgrades As Traders Circle

TIM SYKESUPDATED MAY. 28, 2026, 9:18 AM ET
Reviewed by Jack Kelloggand Fact-checked by Ellis Hobbs

SciSparc Ltd. stocks have been trading up by 202.96 percent amid heightened investor optimism driven by recent company developments.

Candlestick Chart

Live Update At 09:18:05 EDT: On Thursday, May 28, 2026 SciSparc Ltd. stock [NASDAQ: SPRC] is trending up by 202.96%! Discover the key drivers behind this movement as well as our expert analysis in the detailed breakdown below.

Quick Financial Overview

SciSparc Ltd. (SPRC) has been trading like a textbook fade off a parabolic spike. In early May 2026, SPRC was closing near 7.23 after hitting highs around 8.27. Over the following weeks, the stock slid steadily, finishing recent sessions near 4.39. That is a sharp drawdown, and traders know sharp drops often reset sentiment and set up future bounces.

Daily candles show SPRC repeatedly failing to hold above the mid‑5s and 6s, with lower highs and lower lows. That is a clear downtrend on the swing chart. Yet the intraday five‑minute data tells a different story: SPRC exploded from around 4.39 at the open to above 14 in less than an hour. That type of range is a day trader’s dream but also a warning; liquidity can vanish just as fast.

On the fundamentals, SciSparc shows revenue of about $0.86M and a price‑to‑sales ratio near 1.96. Book value per share sits around 12.81, while the market prices SPRC stock well below that, implying a steep discount to its balance sheet. Return on capital is deeply negative, reminding traders that this is still a turnaround or speculation story, not a stable cash machine. For active traders, that mix of low valuation, weak returns, and wild price action spells opportunity and danger at the same time.

Why Traders Are Watching SPRC Now

SPRC is getting attention because the tape and the headlines are finally lining up. On the news side, Star Petroleum Refining just picked up two bullish calls on the same day. Daol Securities Thailand upgraded SPRC from Hold to Buy and raised its target to THB88.50. Yuanta Securities Investment Consulting followed with its own upgrade to Buy and a THB88 target. When two different shops cluster their targets like that, traders notice.

For SPRC, these upgrades act like fuel poured on a setup that was already volatile. The stock has been beaten down on the daily chart, but the intraday candles show there is still strong speculative demand when volume floods in. Analyst upgrades often give that demand a story to lean on. They do not guarantee follow‑through, yet they attract fresh eyes, and fresh eyes bring fresh orders.

Star Petroleum Refining and SciSparc sit at an interesting crossroads in trader psychology. SPRC looks cheap on a price‑to‑book basis, but its returns are ugly. That disconnect is exactly what short‑term traders like to exploit. Bulls point to analyst price targets that sit well above recent trading levels. Bears focus on the negative return metrics and the prior downtrend from the 7–8 range into the low‑4s.

For those who study momentum, SPRC is now a watch‑list name. The key is not the upgrades alone, but how the stock behaves around prior support and resistance as this new bullish narrative spreads through the market.

More Breaking News

Conclusion

SPRC now trades in that dangerous but exciting zone where headlines, chart patterns, and valuation arguments all collide. SciSparc’s balance sheet shows decent cash and low leverage, but the business has yet to prove it can generate strong returns. At the same time, Star Petroleum Refining is drawing Buy calls and higher targets from Daol Securities Thailand and Yuanta Securities Investment Consulting. That gives traders a clear reference point for sentiment: analysts are leaning bullish even while the chart still shows scars.

For active SPRC traders, the plan is always the same: map levels, monitor volume, and respect risk. The recent intraday blast from 4.39 up through the teens shows what can happen when a crowded theme meets a thin float and a fresh catalyst. It rewards those prepared and punishes anyone who hesitates.

This is where the Tim Sykes approach matters. As millionaire penny stock trader and teacher Tim Sykes says, “Cut losses quickly, let profits ride, and don’t overtrade.” As he likes to remind traders, “cut losses quickly, because you can always re‑enter, but you can’t get back a blown‑up account.” SPRC offers opportunity, but only to those treating it as a trading vehicle, not a lottery ticket. Use the upgrades as context, not a crutch, and let the price action confirm or deny the story in real time.

This is stock news, not investment advice. Timothy Sykes News delivers real-time stock market news focused on key catalysts driving short-term price movements. Our content is tailored for active traders and investors seeking to capitalize on rapid price fluctuations, particularly in volatile sectors like penny stocks. Readers come to us for detailed coverage on earnings reports, mergers, FDA approvals, new contracts, and unusual trading volumes that can trigger significant short-term price action. Some users utilize our news to explain sudden stock movements, while others rely on it for diligent research into potential investment opportunities.

Dive deeper into the world of trading with Timothy Sykes, renowned for his expertise in penny stocks. Explore his top picks and discover the strategies that have propelled him to success with these articles:

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* Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here

The available research on day trading suggests that most active traders lose money. Fees and overtrading are major contributors to these losses.

A 2000 study called “Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors” evaluated 66,465 U.S. households that held stocks from 1991 to 1996. The households that traded most averaged an 11.4% annual return during a period where the overall market gained 17.9%. These lower returns were attributed to overconfidence.

A 2014 paper (revised 2019) titled “Learning Fast or Slow?” analyzed the complete transaction history of the Taiwan Stock Exchange between 1992 and 2006. It looked at the ongoing performance of day traders in this sample, and found that 97% of day traders can expect to lose money from trading, and more than 90% of all day trading volume can be traced to investors who predictably lose money. Additionally, it tied the behavior of gamblers and drivers who get more speeding tickets to overtrading, and cited studies showing that legalized gambling has an inverse effect on trading volume.

A 2019 research study (revised 2020) called “Day Trading for a Living?” observed 19,646 Brazilian futures contract traders who started day trading from 2013 to 2015, and recorded two years of their trading activity. The study authors found that 97% of traders with more than 300 days actively trading lost money, and only 1.1% earned more than the Brazilian minimum wage ($16 USD per day). They hypothesized that the greater returns shown in previous studies did not differentiate between frequent day traders and those who traded rarely, and that more frequent trading activity decreases the chance of profitability.

These studies show the wide variance of the available data on day trading profitability. One thing that seems clear from the research is that most day traders lose money .

Millionaire Media 66 W Flagler St. Ste. 900 Miami, FL 33130 United States (888) 878-3621 This is for information purposes only as Millionaire Media LLC nor Timothy Sykes is registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. Millionaire Media LLC and Timothy Sykes cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. Millionaire Media LLC and Timothy Sykes in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, Millionaire Media LLC and Timothy Sykes accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.

Citations for Disclaimer

Barber, Brad M. and Odean, Terrance, Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors. Available at SSRN: “Day Trading for a Living?”

Barber, Brad M. and Lee, Yi-Tsung and Liu, Yu-Jane and Odean, Terrance and Zhang, Ke, Learning Fast or Slow? (May 28, 2019). Forthcoming: Review of Asset Pricing Studies, Available at SSRN: “https://ssrn.com/abstract=2535636”

Chague, Fernando and De-Losso, Rodrigo and Giovannetti, Bruno, Day Trading for a Living? (June 11, 2020). Available at SSRN: “https://ssrn.com/abstract=3423101”