SIRIUSPOINT LTD (SPNT) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:SPNT • BMG8192H1060
We assign a technical rating of 7 out of 10 to SPNT. In the last year, SPNT was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- Looking at the yearly performance, SPNT did better than 86% of all other stocks. On top of that, SPNT also shows a nice and consistent pattern of rising prices.
- SPNT is one of the better performing stocks in the Insurance industry, it outperforms 92% of 148 stocks in the same industry.
- SPNT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SPNT is lagging the market slightly.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- In the last month SPNT has a been trading in the 19.15 - 21.91 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SPNT has an excellent technical rating, but the quality of the setup is 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
16.50
When analyzing the support we can see 4 important areas.
- A support zone ranging from 19.95 to 20.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.14 to 19.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 17.48 to 17.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.67 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.
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 | NEUTRAL | NEUTRAL | The long term trend for SPNT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SPNT is neutral. |
| ChartMill Relative Strength | 86.25 | POSITIVE | SPNT has a high relative strength, it outperformed 86.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SPNT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SPNT is below 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) | 49.25 | NEUTRAL | The RSI value for SPNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests SPNT has a positive trend. |
| Stochastics (14,3) | 70.01 | NEUTRAL | The Stochastics value for SPNT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for SPNT suggests some volalility. |
| Average Directional Index/ADX (14) | 24.62 | NEUTRAL | The ADX value for SPNT suggests a possible start of a new trend. |
20.41
-0.17 (-0.83%)
SIRIUSPOINT LTD / SPNT FAQ
What is the technical rating for SPNT stock?
ChartMill assigns a technical rating of 7 / 10 to SPNT.
What is the trend direction for SPNT stock?
The current trend direction for SIRIUSPOINT LTD (SPNT) is Bearish.
Can you provide the RSI signal for SIRIUSPOINT LTD?
SIRIUSPOINT LTD (SPNT) has an RSI value of 49.247. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SIRIUSPOINT LTD?
The MACD indicator for SIRIUSPOINT LTD (SPNT) has a value of 0.0559573, indicating a bearish trend.
Can you provide the short term momentum for SIRIUSPOINT LTD?
The short term momentum for SIRIUSPOINT LTD (SPNT) is neutral.