S&P GLOBAL INC (SPGI) Stock Technical Analysis
USA - NYSE:SPGI - US78409V1044 - Common Stock
Overall SPGI gets a technical rating of 1 out of 10. SPGI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
SPGI has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 477.88, a Stop Loss order could be placed below this zone.
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446.98
When analyzing the support we can see 2 important areas.
- A support zone ranging from 476.63 to 477.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @451.49 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 491.87 to 502.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @513.16 from a horizontal line in the daily time frame.
- Resistance @529.30 from a trend line in the daily time frame.
- A resistance zone ranging from 556.88 to 563.02. 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 | 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 | 29.57 | NEGATIVE | SPGI has a low relative strength, it was outperformed by 70.43% 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) | 48.05 | NEUTRAL | The RSI value for SPGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.47 | POSITIVE | The MACD value suggests SPGI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 48.28 | NEUTRAL | The Stochastics value for SPGI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.02 | MEDIUM VOLATILITY | The ATR as a percentage value for SPGI suggests some volalility. |
| Average Directional Index/ADX (14) | 16.74 | NEGATIVE | The low ADX value for SPGI suggests a weak or negative trend. |
490.28
+1.33 (+0.27%)
S&P GLOBAL INC / SPGI 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 current trend direction of S&P GLOBAL INC (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 48.0486. This indicates that the stock is currently neutral.
Can you provide the MACD signal for S&P GLOBAL INC?
The MACD indicator for S&P GLOBAL INC (SPGI) has a value of 0.467501, indicating a bearish trend.
What is the short term momentum for S&P GLOBAL INC (SPGI) stock?
The short term momentum for S&P GLOBAL INC (SPGI) is negative.