SPIRE INC (SR) Technical Analysis
NYSE:SR • US84857L1017
Current stock price
SR Technical Rating and Analysis
Taking everything into account, SR scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SR is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- 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 however is also trading near new highs, which makes the performance in line with the market.
- In the last month SR has a been trading in the 88.36 - 95.31 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, SR outperforms 66% of them, which is more or less in line with the market.
SR Weekly and Daily overview Charts
SR Setup Rating and Analysis
SR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 91.78, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
SR Support and Resistance Analysis
80.72
3 important support areas can be observed.
- A support zone ranging from 90.22 to 91.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 86.12 to 86.15. 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.
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 | 66.6 | NEUTRAL | SR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SR is above a declining 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) | 52.94 | NEUTRAL | The RSI value for SR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests SR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.3 | NEUTRAL | The Stochastics value for SR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.07 | MEDIUM VOLATILITY | The ATR as a percentage value for SR suggests some volalility. |
| Average Directional Index/ADX (14) | 14.16 | 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 |
|---|---|---|---|
| 92.75 | 90.21 | 2.54 (2.74%) | 25.00% |
| An entry @92.75. This is a Buy Stop order right above the 10 day moving average. | An exit @90.21. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.54 points, which is 2.74%. | For a 0.69% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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
92.39
-1.99 (-2.11%)
SPIRE INC / SR TA FAQ
Can you provide the ChartMill technical rating for SPIRE INC?
ChartMill assigns a technical rating of 7 / 10 to SR.
What is the current trend direction of SPIRE INC (SR) stock?
The current trend direction for SPIRE INC (SR) is Bullish.
Can you provide the RSI signal for SPIRE INC?
SPIRE INC (SR) has an RSI value of 52.9392. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SPIRE INC?
The short term momentum for SPIRE INC (SR) is positive.
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.