S&P GLOBAL INC (SPGI) Stock Technical Analysis
USA - NYSE:SPGI - US78409V1044 - Common Stock
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.
SPGI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 489.86. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 485.54, 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 474.84 to 485.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @451.49 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 489.86 to 513.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @534.69 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 | NEUTRAL | NEUTRAL | The short term trend for SPGI is neutral. |
| ChartMill Relative Strength | 23.95 | NEGATIVE | SPGI has a low relative strength, it was outperformed by 76.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPGI is above 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) | 48.07 | NEUTRAL | The RSI value for SPGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.64 | POSITIVE | The MACD value suggests SPGI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 46.34 | NEUTRAL | The Stochastics value for SPGI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.17 | MEDIUM VOLATILITY | The ATR as a percentage value for SPGI suggests some volalility. |
| Average Directional Index/ADX (14) | 26.62 | POSITIVE | The high ADX value value for SPGI suggests a strong trend. |
487.21
-4.36 (-0.89%)
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 48.067. 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 2.64308, indicating a bullish 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 neutral.