SIRIUSPOINT LTD (SPNT) Stock Technical Analysis
NYSE:SPNT • BMG8192H1060
Taking everything into account, SPNT scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SPNT is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, SPNT did better than 81% of all other stocks.
- SPNT is part of the Insurance industry. There are 149 other stocks in this industry. SPNT outperforms 92% of them.
- 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.
- In the last month SPNT has a been trading in the 19.32 - 22.61 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 and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 22.45. Right above this resistance zone may be a good entry point.
More info and screens
16.77
When analyzing the support we can see 4 important areas.
- A support zone ranging from 20.77 to 20.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.73 to 19.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 19.14 to 19.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.94 from a trend line in the weekly time frame.
We found 1 important resistance 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 | 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 | 81.9 | POSITIVE | SPNT has a high relative strength, it outperformed 81.9% 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) | DOWN | MIXED | The current price of SPNT is above a declining 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) | 57.04 | NEUTRAL | The RSI value for SPNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests SPNT has a positive trend. |
| Stochastics (14,3) | 60.12 | NEUTRAL | The Stochastics value for SPNT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.58 | MEDIUM VOLATILITY | The ATR as a percentage value for SPNT suggests some volalility. |
| Average Directional Index/ADX (14) | 16.79 | NEGATIVE | The low ADX value for SPNT suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 22.67 | 20.76 | 1.91 (8.43%) | 11.87% |
| An entry @22.67. This is a Buy Stop order right above the resistance zone. | An exit @20.76. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.91 points, which is 8.43%. | When investing 11.87% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
21.49
+0.35 (+1.66%)
SIRIUSPOINT LTD / SPNT FAQ
What is the technical rating for SPNT stock?
ChartMill assigns a technical rating of 8 / 10 to SPNT.
What is the trend direction for SPNT stock?
The current trend direction for SIRIUSPOINT LTD (SPNT) is Bullish.
Can you provide the RSI signal for SIRIUSPOINT LTD?
SIRIUSPOINT LTD (SPNT) has an RSI value of 57.0424. 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 0.0834783, indicating a bearish trend.
Can you provide the short term momentum for SIRIUSPOINT LTD?
The short term momentum for SIRIUSPOINT LTD (SPNT) is positive.