SEGRO PLC (SGRO.L) Stock Technical Analysis
LON:SGRO - London Stock Exchange, The - GB00B5ZN1N88 - REIT - Currency: GBX
Taking everything into account, SGRO scores 1 out of 10 in our technical rating. SGRO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, SGRO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 689.44. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 685.64, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SGRO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
677.45
We found 1 important support area.
- A support zone ranging from 684.29 to 685.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 689.44 to 701.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @717.40 from a horizontal line in the daily time frame.
- A resistance zone ranging from 731.41 to 731.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
LON:SGRO (5/2/2025, 5:35:30 PM)
689.2
+1 (+0.15%)