SHIRE PLC (SHPG) Technical Analysis
NASDAQ:SHPG • US82481R1068
Current stock price
SHPG Technical Rating and Analysis
Overall SHPG gets a technical rating of 8 out of 10. SHPG has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- Looking at the yearly performance, SHPG did better than 89% of all other 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 however is also trading near new highs, which makes the performance in line with 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 present a decent entry opportunity 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
We found 3 important support 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.
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.
Can you provide the RSI signal for SHIRE PLC?
SHIRE PLC (SHPG) has an RSI value of 58.7184. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SHIRE PLC?
The MACD indicator for SHIRE PLC (SHPG) has a value of 0.753428, indicating a bearish trend.
What is the support and resistance level for SHPG stock?
SHIRE PLC (SHPG) has a support level at 179.03 and a resistance level at 179.39. Check the full technical report for our detailed analysis of SHPG support and resistance levels.