SHIRE PLC (SHPG) Technical Analysis
NASDAQ:SHPG • US82481R1068
Current stock price
SHPG Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to SHPG. In the last year, SHPG was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- Looking at the yearly performance, SHPG did better than 89% of all other stocks. On top of that, SHPG also shows a nice and consistent pattern of rising prices.
- SHPG is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SHPG is leading the market.
- In the last month SHPG has a been trading in the 165.29 - 181.22 range, which is quite wide. It is currently trading near the high of this range.
- SHPG has an average volume of 1925010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
SHPG Weekly and Daily overview Charts
SHPG Setup Rating and Analysis
Although SHPG has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
SHPG Support and Resistance Analysis
164.55
When analyzing the support we can see 3 important areas.
- Support @179.03 from a trend line in the weekly time frame.
- A support zone ranging from 172.50 to 174.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 166.21 to 166.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 179.39 to 181.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
SHPG Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for SHPG is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SHPG is neutral. |
| ChartMill Relative Strength | 89.69 | POSITIVE | SHPG has a high relative strength, it outperformed 89.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SHPG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SHPG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SHPG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.72 | NEUTRAL | The RSI value for SHPG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.75 | POSITIVE | The MACD value suggests SHPG has a positive trend. |
| Stochastics (14,3) | 70.47 | NEUTRAL | The Stochastics value for SHPG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for SHPG suggests some volalility. |
SHPG Chart- and CandleStick Pattern Analysis
SHPG Technicals: Chart, Performance Metrics, Trend & Indicators
179.2
+7.05 (+4.1%)
SHIRE PLC / SHPG TA FAQ
What is the ChartMill technical rating of SHIRE PLC (SHPG) stock?
ChartMill assigns a technical rating of 7 / 10 to SHPG.
What is the current trend direction of SHIRE PLC (SHPG) stock?
The current trend direction for SHIRE PLC (SHPG) is Bearish.
What is the RSI signal for SHIRE PLC (SHPG) stock?
SHIRE PLC (SHPG) has an RSI value of 58.7184. This indicates that the stock is currently neutral.
What is the MACD signal for SHPG stock?
The MACD indicator for SHIRE PLC (SHPG) has a value of 0.753428, indicating a bearish trend.
Can you provide the short term momentum for SHIRE PLC?
The short term momentum for SHIRE PLC (SHPG) is neutral.