SHIRE PLC (SHPG) Stock Technical Analysis
NASDAQ:SHPG - Nasdaq - US82481R1068
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.
When comparing the yearly performance of all stocks, we notice that SHPG is one of the better performing stocks in the market, outperforming 89% of all stocks. We also observe that the gains produced by SHPG over the past year are nicely spread over this period.
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!
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
164.55
183.78
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.
We found 1 important resistance 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.
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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
179.2
+7.05 (+4.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg4.1%
1 Week3%
2 Weeks6.21%
1 Month4.49%
3 Month3.34%
6 Month5.12%
12 Month14.24%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.6
ATR(20)%2.15%
ATR Inc61.38%
Range Today5.51
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.69
Mansfield1.95
10 Day High181.22
10 Day Low168.74
20 Day High181.22
20 Day Low165.29
52 Week High182.47
52 Week Low123.73
CS1 End179.03
CR1 Start179.39
Volume & EV
DER(3)-1.19%
DER(5)1.27%
Volume5.32M
Volume Incr-21.29%
Vol(5)1.98M
Vol(50)1.93M