SPIRE INC (SR) Technical Analysis
NYSE:SR • US84857L1017
Current stock price
SR Technical Rating and Analysis
Taking everything into account, SR scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, SR 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 SR is one of the better performing stocks in the market, outperforming 77% of all stocks. On top of that, SR also shows a nice and consistent pattern of rising prices.
- SR is one of the better performing stocks in the Gas Utilities industry, it outperforms 78% of 15 stocks in the same industry.
- SR is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SR is leading the market.
- In the last month SR has a been trading in the 88.42 - 94.27 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.
SR Weekly and Daily overview Charts
SR Setup Rating and Analysis
Besides having an excellent technical rating, SR also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 92.76. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 91.55, a Stop Loss order could be placed below this zone.
More info and screens
SR Support and Resistance Analysis
80.72
When analyzing the support we can see 3 important areas.
- A support zone ranging from 90.82 to 91.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 84.77 to 84.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 81.54 to 82.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 92.76 to 92.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
SR 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 SR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SR is up. |
| ChartMill Relative Strength | 77.64 | POSITIVE | SR has a high relative strength, it outperformed 77.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SR is above the rising 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) | 59.24 | NEUTRAL | The RSI value for SR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests SR has a negative trend. |
| Stochastics (14,3) | 72.63 | NEUTRAL | The Stochastics value for SR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.17 | MEDIUM VOLATILITY | The ATR as a percentage value for SR suggests some volalility. |
| Average Directional Index/ADX (14) | 16.52 | NEGATIVE | The low ADX value for SR suggests a weak or negative trend. |
SR Chart- and CandleStick Pattern Analysis
SR Example Setup
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 |
|---|---|---|---|
| 92.77 | 90.81 | 1.96 (2.11%) | 25.00% |
| An entry @92.77. This is a Buy Stop order right above the resistance zone. | An exit @90.81. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.96 points, which is 2.11%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.53%. |
- The distance between exit and entry is rather small compared to the average daily movement of SR. Please evaluate whether better entry and exit points can be found.
- 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.
SR Technicals: Chart, Performance Metrics, Trend & Indicators
91.87
-0.24 (-0.26%)
SPIRE INC / SR TA FAQ
Can you provide the ChartMill technical rating for SPIRE INC?
ChartMill assigns a technical rating of 10 / 10 to SR.
What is the current trend direction of SPIRE INC (SR) stock?
The current trend direction for SPIRE INC (SR) is Bullish.
What is the RSI signal for SPIRE INC (SR) stock?
SPIRE INC (SR) has an RSI value of 59.2409. This indicates that the stock is currently neutral.
What is the buy/sell signal for SR stock?
The buy/sell signal for SPIRE INC (SR) is buy as both the short term and long term trends are positive.
What is the support and resistance level for SR stock?
SPIRE INC (SR) has a support level at 91.55 and a resistance level at 92.76. Check the full technical report for our detailed analysis of SR support and resistance levels.