SPIRE INC (SR) Stock Technical Analysis
NYSE:SR - US84857L1017 - Common Stock
76.32 USD
-0.63 (-0.82%)
76.32 USD
0 (0%)
Taking everything into account, SR scores 7 out of 10 in our technical rating. Although SR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
SR 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 SR is lagging the market slightly.
In the last month SR has a been trading in the 73.48 - 78.05 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.
When comparing the performance of all stocks over the past year, SR turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
SR is part of the Gas Utilities industry. There are 14 other stocks in this industry, SR did better than 69% of them.
Besides having an excellent technical rating, SR also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 76.30, a Stop Loss order could be placed below this zone.
More info and screens
70.32
79.86
3 important support areas can be observed.
- A support zone ranging from 74.06 to 76.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @72.26 from a horizontal line in the weekly time frame.
- A support zone ranging from 71.03 to 71.03. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @76.55 from a trend line in the daily time frame.
- 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 | UP | POSITIVE | The short term trend for SR is up. |
| ChartMill Relative Strength | 60.61 | NEUTRAL | SR is not amongst the best or worst performers 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) | 51.78 | NEUTRAL | The RSI value for SR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SR has a negative trend. |
| Stochastics (14,3) | 56.72 | NEUTRAL | The Stochastics value for SR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.72 | LOW VOLATILITY | The low ATR as a percentage value for SR suggests low volalility. |
| Average Directional Index/ADX (14) | 16.45 | NEGATIVE | The low ADX value for SR suggests a weak or negative 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 |
|---|---|---|---|
| 76.56 | 74.75 | 1.81 (2.36%) | 25.00% |
| An entry @76.56. This is a Buy Stop order right above the resistance zone. | An exit @74.75. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.81 points, which is 2.36%. | For a 0.59% total portfolio risk, you can invest 25.00% 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.
76.32
-0.63 (-0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg-0.82%
1 Week0.42%
2 Weeks-1.55%
1 Month2.48%
3 Month1.38%
6 Month-0.7%
12 Month15.69%
2 Year30.66%
3 Year9.2%
5 Year31.11%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.18
ATR(20)%1.72%
ATR Inc-26.61%
Range Today0.87
ADR(20)1.23
ADR(20)%1.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.61
Mansfield-0.37
10 Day High78.05
10 Day Low74.76
20 Day High78.05
20 Day Low73.48
52 Week High79.81
52 Week Low61.56
CS1 End76.3
CR1 Start76.55
Volume & EV
DER(3)1.89%
DER(5)0.94%
Volume430.10K
Volume Incr-27.42%
Vol(5)411.48K
Vol(50)506.50K