SEMPRA (SRE) Stock Technical Analysis
NYSE:SRE • US8168511090
We assign a technical rating of 10 out of 10 to SRE. Both in the recent history as in the last year, SRE has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, SRE did better than 73% of all other stocks. We also observe that the gains produced by SRE over the past year are nicely spread over this period.
- SRE is part of the Multi-Utilities industry. There are 26 other stocks in this industry. SRE outperforms 84% of them.
- SRE 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.
- SRE is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- SRE has an average volume of 3890970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, SRE also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 94.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 90.62, a Stop Loss order could be placed below this zone.
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84.89
When analyzing the support we notice one important area.
- A support zone ranging from 85.75 to 90.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 94.01 to 94.78. 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 SRE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SRE is up. |
| ChartMill Relative Strength | 73.79 | POSITIVE | SRE has a high relative strength, it outperformed 73.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SRE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SRE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SRE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.76 | NEUTRAL | The RSI value for SRE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.58 | POSITIVE | The MACD value suggests SRE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.59 | NEUTRAL | The Stochastics value for SRE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.98 | LOW VOLATILITY | The low ATR as a percentage value for SRE suggests low volalility. |
| Average Directional Index/ADX (14) | 29.62 | POSITIVE | The high ADX value value for SRE suggests a strong trend. |
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 |
|---|---|---|---|
| 94.79 | 86.17 | 8.62 (9.09%) | 11.00% |
| An entry @94.79. This is a Buy Stop order right above the resistance zone. | An exit @86.17. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 8.62 points, which is 9.09%. | When investing 11.00% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
93.6
+0.05 (+0.05%)
SEMPRA / SRE FAQ
What is the technical rating for SRE stock?
ChartMill assigns a technical rating of 10 / 10 to SRE.
Can you provide the trend direction for SEMPRA?
The current trend direction for SEMPRA (SRE) is Bullish.
Can you provide the RSI signal for SEMPRA?
SEMPRA (SRE) has an RSI value of 63.7573. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for SEMPRA?
The buy/sell signal for SEMPRA (SRE) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for SEMPRA?
SEMPRA (SRE) has a support level at 90.62 and a resistance level at 94.01. Check the full technical report for our detailed analysis of SRE support and resistance levels.