SPIRE INC (SR) Stock Technical Analysis
NYSE:SR - New York Stock Exchange, Inc. - US84857L1017 - Common Stock - Currency: USD
Overall SR gets a technical rating of 7 out of 10. In the last year, SR was one of the better performers, but we do observe some doubts in the very recent evolution.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that SR is one of the better performing stocks in the market, outperforming 80% of all stocks. We also observe that the gains produced by SR over the past year are nicely spread over this period.
SR is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SR is performing more or less in line with the market.
In the last month SR has a been trading in the 69.94 - 77.06 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
SR is part of the Gas Utilities industry. There are 14 other stocks in this industry, SR did better than 61% of them.
Besides having an excellent technical rating, SR also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 75.09, a Stop Loss order could be placed below this zone.
More info and screens
63.14
79.86
We found 4 important support areas.
- A support zone ranging from 72.34 to 75.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @71.03 from a horizontal line in the daily time frame.
- Support @68.57 from a trend line in the weekly time frame.
- A support zone ranging from 63.78 to 64.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- 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 | UP | POSITIVE | The long term trend for SR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SR is neutral. |
| ChartMill Relative Strength | 80.3 | POSITIVE | SR has a high relative strength, it outperformed 80.3% off all stocks 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) | 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) | 52.01 | NEUTRAL | The RSI value for SR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests SR has a positive trend. |
| Stochastics (14,3) | 76.19 | NEUTRAL | The Stochastics value for SR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.97 | LOW VOLATILITY | The low ATR as a percentage value for SR suggests low volalility. |
| Average Directional Index/ADX (14) | 24.87 | NEUTRAL | The ADX value for SR suggests a possible start of a new 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)
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 |
|---|---|---|---|
| 75.95 | 72.33 | 3.62 (4.77%) | 20.98% |
| An entry @75.95. This is a Buy Stop order right above the 10 day high. | An exit @72.33. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.62 points, which is 4.77%. | For a 1.00% total portfolio risk, you can invest 20.98% of your capital in this trade. |
- 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.
75.28
+0.49 (+0.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg0.66%
1 Week2.46%
2 Weeks3.71%
1 Month-1.32%
3 Month-2.06%
6 Month2.86%
12 Month22.83%
2 Year16.59%
3 Year-3.86%
5 Year3.24%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.6
ATR(20)%1.97%
ATR Inc-16.96%
Range Today0.85
ADR(20)1.42
ADR(20)%1.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.3
Mansfield0.56
10 Day High75.94
10 Day Low72.34
20 Day High77.07
20 Day Low69.94
52 Week High79.81
52 Week Low57.77
CS1 End75.09
CR1 Start78.02
Volume & EV
DER(3)-0.99%
DER(5)-0.19%
Volume496.30K
Volume Incr7.05%
Vol(5)448.50K
Vol(50)460.04K