SIRIUSPOINT LTD (SPNT) Technical Analysis
NYSE:SPNT • BMG8192H1060
Current stock price
SPNT Technical Rating and Analysis
Overall SPNT gets a technical rating of 10 out of 10. Both in the recent history as in the last year, SPNT has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that SPNT is one of the better performing stocks in the market, outperforming 76% of all stocks. We also observe that the gains produced by SPNT over the past year are nicely spread over this period.
- SPNT is part of the Insurance industry. There are 147 other stocks in this industry. SPNT outperforms 93% of them.
- SPNT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SPNT is performing more or less in line with the market.
- In the last month SPNT has a been trading in the 19.69 - 22.20 range, which is quite wide. It is currently trading near the high of this range.
SPNT Weekly and Daily overview Charts
SPNT Setup Rating and Analysis
Although SPNT has an excellent technical rating, it does not present a decent entry opportunity 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.
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SPNT Support and Resistance Analysis
16.99
When analyzing the support we can see 5 important areas.
- A support zone ranging from 20.54 to 20.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.21 from a trend line in the weekly time frame.
- Support @19.73 from a horizontal line in the daily time frame.
- A support zone ranging from 19.32 to 19.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.16 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 22.45 to 22.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
SPNT 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 | UP | POSITIVE | The long term trend for SPNT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SPNT is up. |
| ChartMill Relative Strength | 76.83 | POSITIVE | SPNT has a high relative strength, it outperformed 76.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SPNT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPNT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPNT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.93 | NEUTRAL | The RSI value for SPNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests SPNT has a positive trend. |
| Stochastics (14,3) | 93.08 | OVERBOUGHT | The high Stochastics value suggests SPNT may be overbought. |
| Average True Range in percent/ATR (20) | 2.81 | MEDIUM VOLATILITY | The ATR as a percentage value for SPNT suggests some volalility. |
| Average Directional Index/ADX (14) | 11.97 | NEGATIVE | The low ADX value for SPNT suggests a weak or negative trend. |
SPNT Chart- and CandleStick Pattern Analysis
SPNT Technicals: Chart, Performance Metrics, Trend & Indicators
22.19
+0.57 (+2.64%)
SIRIUSPOINT LTD / SPNT TA FAQ
What is the technical rating for SPNT stock?
ChartMill assigns a technical rating of 10 / 10 to SPNT.
What is the trend direction for SPNT stock?
The current trend direction for SIRIUSPOINT LTD (SPNT) is Bullish.
What is the RSI signal for SIRIUSPOINT LTD (SPNT) stock?
SIRIUSPOINT LTD (SPNT) has an RSI value of 64.9317. This indicates that the stock is currently neutral.
What is the MACD signal for SIRIUSPOINT LTD (SPNT) stock?
The MACD indicator for SIRIUSPOINT LTD (SPNT) has a value of 0.137274, indicating a bearish trend.
What is the support and resistance level for SPNT stock?
SIRIUSPOINT LTD (SPNT) has a support level at 20.87 and a resistance level at 22.45. Check the full technical report for our detailed analysis of SPNT support and resistance levels.