S&P GLOBAL INC (SPGI) Technical Analysis
NYSE:SPGI • US78409V1044
Current stock price
SPGI Technical Rating and Analysis
Taking everything into account, SPGI scores 1 out of 10 in our technical rating. SPGI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 80% of all other stocks performed better in the past year than SPGI.
- SPGI is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SPGI is lagging the market.
- In the last month SPGI has a been trading in the 400.52 - 452.69 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- SPGI has an average volume of 2777260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- SPGI is an average performer in the Capital Markets industry, it outperforms 43% of 242 stocks in the same industry.
SPGI Weekly and Daily overview Charts
SPGI Setup Rating and Analysis
Although the technical rating is bad, SPGI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
SPGI Support and Resistance Analysis
405.43
We found 2 important support areas.
- Support @423.88 from a trend line in the daily time frame.
- Support @409.53 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 428.38 to 432.53. 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 452.37 to 452.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 550.88 to 563.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
SPGI 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 | DOWN | NEGATIVE | The long term trend for SPGI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SPGI is down. |
| ChartMill Relative Strength | 20.22 | NEGATIVE | SPGI has a low relative strength, it was outperformed by 79.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SPGI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SPGI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SPGI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.84 | NEUTRAL | The RSI value for SPGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.26 | POSITIVE | The MACD value suggests SPGI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 26.7 | NEUTRAL | The Stochastics value for SPGI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.73 | MEDIUM VOLATILITY | The ATR as a percentage value for SPGI suggests some volalility. |
| Average Directional Index/ADX (14) | 34.42 | POSITIVE | The high ADX value value for SPGI suggests a strong trend. |
SPGI Chart- and CandleStick Pattern Analysis
SPGI Technicals: Chart, Performance Metrics, Trend & Indicators
424.43
-1.71 (-0.4%)
S&P GLOBAL INC / SPGI TA FAQ
Can you provide the ChartMill technical rating for S&P GLOBAL INC?
ChartMill assigns a technical rating of 1 / 10 to SPGI.
What is the trend direction for SPGI stock?
The current trend direction for S&P GLOBAL INC (SPGI) is Bearish.
What is the RSI signal for SPGI stock?
S&P GLOBAL INC (SPGI) has an RSI value of 40.8409. This indicates that the stock is currently neutral.
What is the MACD signal for S&P GLOBAL INC (SPGI) stock?
The MACD indicator for S&P GLOBAL INC (SPGI) has a value of 1.26354, indicating a bullish trend.
Can you provide the buy/sell signal for S&P GLOBAL INC?
The buy/sell signal for S&P GLOBAL INC (SPGI) is sell as both the short term and long term trends are negative.