SPIRE INC (SR) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:SR • US84857L1017
We assign a technical rating of 5 out of 10 to SR. In the last year, SR was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When compared to the yearly performance of all other stocks, SR outperforms 65% of them, which is more or less in line with the market.
- SR is an average performer in the Gas Utilities industry, it outperforms 61% 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 currently trading near new highs, so SR is lagging the market.
- In the last month SR has a been trading in a tight range between 80.84 and 85.26.
SR has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 84.05, a Stop Loss order could be placed below this zone.
More info and screens
71.54
We found 3 important support areas.
- A support zone ranging from 81.54 to 84.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @79.25 from a trend line in the daily time frame.
- Support @72.26 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 88.90 to 90.76. 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 | 65.89 | 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) | DOWN | MIXED | The current price of SR is above 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) | 54.91 | NEUTRAL | The RSI value for SR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests SR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.18 | OVERBOUGHT | The high Stochastics value suggests SR may be overbought. |
| Average True Range in percent/ATR (20) | 1.99 | LOW VOLATILITY | The low ATR as a percentage value for SR suggests low volalility. |
| Average Directional Index/ADX (14) | 15.74 | NEGATIVE | The low ADX value for SR suggests a weak or negative trend. |
84.49
-0.37 (-0.44%)
SPIRE INC / SR FAQ
Can you provide the ChartMill technical rating for SPIRE INC?
ChartMill assigns a technical rating of 5 / 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 54.9147. This indicates that the stock is currently neutral.
What is the support and resistance level for SR stock?
SPIRE INC (SR) has a support level at 84.05 and a resistance level at 88.9. Check the full technical report for our detailed analysis of SR support and resistance levels.