S&P GLOBAL INC (SPGI) Stock Technical Analysis
NYSE:SPGI • US78409V1044
Overall SPGI gets a technical rating of 0 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 84% of all other stocks performed better in the past year than SPGI.
- SPGI is part of the Capital Markets industry. There are 238 other stocks in this industry, of which 65% are performing better than SPGI.
- SPGI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month SPGI has a been trading in the 381.61 - 536.17 range, which is quite wide. It is currently trading near the lows of this range.
- SPGI has an average volume of 2488840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of SPGI is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
404.47
When analyzing the support we notice one important area.
- A support zone ranging from 408.56 to 409.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 418.28 to 419.39. 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.
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 | 16.69 | NEGATIVE | SPGI has a low relative strength, it was outperformed by 83.31% 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 | 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) | 34.98 | NEUTRAL | The RSI value for SPGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.72 | NEGATIVE | The MACD value suggests SPGI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.38 | NEUTRAL | The Stochastics value for SPGI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.55 | MEDIUM VOLATILITY | The ATR as a percentage value for SPGI suggests some volalility. |
| Average Directional Index/ADX (14) | 49.37 | POSITIVE | The high ADX value value for SPGI suggests a strong trend. |
418.27
+13.49 (+3.33%)
S&P GLOBAL INC / SPGI FAQ
Can you provide the ChartMill technical rating for S&P GLOBAL INC?
ChartMill assigns a technical rating of 0 / 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 34.9771. 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 -0.718299, indicating a bearish 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.