S&P GLOBAL INC (SPGI) Stock Technical Analysis
NYSE:SPGI - New York Stock Exchange, Inc. - US78409V1044 - Common Stock - Currency: USD
Taking everything into account, SPGI scores 4 out of 10 in our technical rating. In the last year, SPGI was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
SPGI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
SPGI has an average volume of 1255770 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!
When comparing the yearly performance of all stocks, we notice that SPGI is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
SPGI is part of the Capital Markets industry. There are 232 other stocks in this industry, SPGI did better than 69% of them.
SPGI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SPGI is lagging the market.
In the last month SPGI has a been trading in a tight range between 497.17 and 526.52.
Although the technical rating is only medium, SPGI does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 513.16, a Stop Loss order could be placed below this zone.
More info and screens
433.92
549.22
We found 3 important support areas.
- Support @466.04 from a trend line in the weekly time frame.
- Support @451.49 from a horizontal line in the weekly time frame.
- Support @438.30 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 511.70 to 514.97. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 527.38 to 529.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 539.70 to 543.78. 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 SPGI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SPGI is neutral. |
| ChartMill Relative Strength | 71.09 | POSITIVE | SPGI has a high relative strength, it outperformed 71.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SPGI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SPGI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SPGI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.89 | NEUTRAL | The RSI value for SPGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.64 | NEGATIVE | The MACD value suggests SPGI has a negative trend. |
| Stochastics (14,3) | 51.74 | NEUTRAL | The Stochastics value for SPGI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.55 | LOW VOLATILITY | The low ATR as a percentage value for SPGI suggests low volalility. |
| Average Directional Index/ADX (14) | 12.47 | NEGATIVE | The low ADX value for SPGI suggests a weak or negative trend. |
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)
505.87
-8.11 (-1.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-1.58%
1 Week-1.92%
2 Weeks-1.6%
1 Month-1.19%
3 Month3.98%
6 Month0.02%
12 Month16.45%
2 Year26.19%
3 Year50.08%
5 Year53.54%
10 YearN/A
15 YearN/A
Volatility
ATR(14)7.61
ATR(20)%1.55%
ATR Inc66.04%
Range Today13.29
ADR(20)7.38
ADR(20)%1.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.09
Mansfield-0.4
10 Day High521.93
10 Day Low497.17
20 Day High526.52
20 Day Low497.17
52 Week High545.39
52 Week Low427.14
CS1 End513.16
CR1 Start527.38
Volume & EV
DER(3)1%
DER(5)-0.05%
Volume1.32M
Volume Incr-17.95%
Vol(5)898.78K
Vol(50)1.26M