SPIRE INC (SR) Stock Technical Analysis
NYSE:SR - New York Stock Exchange, Inc. - US84857L1017 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to SR. Although SR is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, we notice that SR is one of the better performing stocks in the market, outperforming 75% of all stocks. On top of that, SR also shows a nice and consistent pattern of rising prices.
In the last month SR has a been trading in the 71.28 - 75.69 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
SR is an average performer in the Gas Utilities industry, it outperforms 69% of 14 stocks in the same industry.
SR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SR is lagging the market slightly.
SR has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 72.72, a Stop Loss order could be placed below this zone.
More info and screens
63.72
79.86
4 important support areas can be observed.
- A support zone ranging from 72.26 to 72.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @71.03 from a horizontal line in the daily time frame.
- Support @69.18 from a trend line in the weekly time frame.
- Support @64.36 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 73.03 to 74.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 78.02 to 79.07. 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 SR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SR is down. |
| ChartMill Relative Strength | 75.17 | POSITIVE | SR has a high relative strength, it outperformed 75.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.69 | NEUTRAL | The RSI value for SR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests SR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.32 | NEUTRAL | The Stochastics value for SR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.76 | LOW VOLATILITY | The low ATR as a percentage value for SR suggests low volalility. |
| Average Directional Index/ADX (14) | 25.65 | POSITIVE | The high ADX value value for SR 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)
72.87
+0.46 (+0.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg0.64%
1 Week-0.59%
2 Weeks-0.99%
1 Month-1.85%
3 Month-4.63%
6 Month9.27%
12 Month24.35%
2 Year14.86%
3 Year-2.02%
5 Year10.9%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.2
ATR(20)%1.76%
ATR Inc-23.91%
Range Today0.82
ADR(20)1.23
ADR(20)%1.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.17
Mansfield0.08
10 Day High74.57
10 Day Low71.28
20 Day High75.69
20 Day Low71.28
52 Week High79.81
52 Week Low58.27
CS1 End72.72
CR1 Start73.03
Volume & EV
DER(3)-0.96%
DER(5)-1%
Volume818.10K
Volume Incr13.24%
Vol(5)491.92K
Vol(50)433.96K