S&P GLOBAL INC (SPGI) Technical Analysis
NYSE:SPGI • US78409V1044
Current stock price
SPGI Technical Rating and Analysis
Overall SPGI gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. SPGI was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, SPGI is a bad performer in the overall market: 82% of all stocks are doing better.
- SPGI is one of the lesser performing stocks in the Capital Markets industry. 62% of 240 stocks in the same industry do better.
- In the last month SPGI has a been trading in the 403.37 - 456.70 range, which is quite wide. It is currently trading near the high of this range.
- SPGI has an average volume of 2564920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- 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.
- Considerably lower volume is observed in the last couple of days.
SPGI Weekly and Daily overview Charts
SPGI Setup Rating and Analysis
SPGI has a poor technical rating and the quality of the setup is also not perfect 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
SPGI Support and Resistance Analysis
400.73
We found 2 important support areas.
- A support zone ranging from 426.45 to 434.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 404.78 to 414.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 449.07 to 449.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @535.54 from a trend line in the daily time frame.
- 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 | UP | POSITIVE | The short term trend for SPGI is up. |
| ChartMill Relative Strength | 18.64 | NEGATIVE | SPGI has a low relative strength, it was outperformed by 81.36% 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) | UP | POSITIVE | The current price of SPGI is above the rising 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) | 60.38 | NEUTRAL | The RSI value for SPGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.29 | POSITIVE | The MACD value suggests SPGI has a positive trend. |
| Stochastics (14,3) | 85.76 | OVERBOUGHT | The high Stochastics value suggests SPGI may be overbought. |
| Average True Range in percent/ATR (20) | 2.51 | MEDIUM VOLATILITY | The ATR as a percentage value for SPGI suggests some volalility. |
| Average Directional Index/ADX (14) | 18.59 | NEGATIVE | The low ADX value for SPGI suggests a weak or negative trend. |
SPGI Chart- and CandleStick Pattern Analysis
SPGI Technicals: Chart, Performance Metrics, Trend & Indicators
449.06
+4.39 (+0.99%)
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 3 / 10 to SPGI.
Can you provide the trend direction for S&P GLOBAL INC?
The current trend direction for S&P GLOBAL INC (SPGI) is Bearish.
What is the RSI signal for S&P GLOBAL INC (SPGI) stock?
S&P GLOBAL INC (SPGI) has an RSI value of 60.3798. This indicates that the stock is currently neutral.
What is the short term momentum for SPGI stock?
The short term momentum for S&P GLOBAL INC (SPGI) is positive.
What is the support and resistance level for SPGI stock?
S&P GLOBAL INC (SPGI) has a support level at 434.15 and a resistance level at 449.07. Check the full technical report for our detailed analysis of SPGI support and resistance levels.