S&P GLOBAL INC (SPGI) Stock Technical Analysis
USA - NYSE:SPGI - US78409V1044 - Common Stock
479.81 USD
+3.18 (+0.67%)
479.81 USD
0 (0%)
Taking everything into account, SPGI scores 0 out of 10 in our technical rating. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, SPGI is a bad performer in the overall market: 81% of all stocks are doing better.
SPGI is one of the lesser performing stocks in the Capital Markets industry. 64% of 238 stocks in the same industry do better.
In the last month SPGI has a been trading in the 474.77 - 552.17 range, which is quite wide. It is currently trading near the lows of this range.
SPGI has an average volume of 1372000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
SPGI has a poor technical rating and the quality of the setup is also only medium 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
446.98
568.65
We found 2 important support areas.
- Support @471.75 from a trend line in the weekly time frame.
- Support @451.49 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 512.71 to 519.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 544.24 to 550.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @563.02 from a horizontal line in the daily time frame.
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 | 19.99 | NEGATIVE | SPGI has a low relative strength, it was outperformed by 80.01% 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) | 26.21 | OVERSOLD | The low RSI value suggests SPGI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.12 | NEGATIVE | The MACD value suggests SPGI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 3.83 | OVERSOLD | The low Stochastics value suggests SPGI may be oversold. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for SPGI suggests some volalility. |
| Average Directional Index/ADX (14) | 38.04 | POSITIVE | The high ADX value value for SPGI suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
479.81
+3.18 (+0.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.67%
1 Week-1.51%
2 Weeks-5.39%
1 Month-10.83%
3 Month-9.4%
6 Month6.27%
12 Month-6.32%
2 Year37.36%
3 Year49.36%
5 Year48.67%
10 YearN/A
15 YearN/A
Volatility
ATR(14)10.9
ATR(20)%2.14%
ATR Inc-19.02%
Range Today7.54
ADR(20)9.89
ADR(20)%2.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.99
Mansfield-1.62
10 Day High514.14
10 Day Low474.77
20 Day High552.17
20 Day Low474.77
52 Week High579.05
52 Week Low427.14
CS1 End471.75
CR1 Start512.71
Volume & EV
DER(3)-0.97%
DER(5)-1.33%
Volume1.35M
Volume Incr10.4%
Vol(5)1.66M
Vol(50)1.37M