SEMPRA (SRE) Stock Technical Analysis
NYSE:SRE - US8168511090 - Common Stock
82.9 USD
+1.77 (+2.18%)
82.52 USD
-0.38 (-0.46%)
We assign a technical rating of 8 out of 10 to SRE. Although SRE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
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 3627260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, SRE outperforms 47% of them, which is more or less in line with the market.
SRE is part of the Multi-Utilities industry. There are 25 other stocks in this industry, SRE did better than 45% of them.
SRE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SRE is lagging the market.
In the last month SRE has a been trading in a tight range between 79.82 and 83.50.
SRE 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 82.52, a Stop Loss order could be placed below this zone.
More info and screens
66.46
83.73
When analyzing the support we can see 4 important areas.
- A support zone ranging from 81.72 to 82.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 78.21 to 78.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 73.78 to 75.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @67.13 from a horizontal line in the weekly time frame.
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 | 47.08 | NEUTRAL | SRE is not amongst the best or worst performers 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) | 59.98 | NEUTRAL | The RSI value for SRE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests SRE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.38 | NEUTRAL | The Stochastics value for SRE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.91 | LOW VOLATILITY | The low ATR as a percentage value for SRE suggests low volalility. |
| Average Directional Index/ADX (14) | 35.08 | POSITIVE | The high ADX value value for SRE suggests a strong 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 |
|---|---|---|---|
| 83.45 | 81.71 | 1.74 (2.09%) | 25.00% |
| An entry @83.45. This is a Buy Stop order right above the 10 day high. | An exit @81.71. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.74 points, which is 2.09%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.52%. |
- The distance between exit and entry is rather small compared to the average daily movement of SRE. 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.
82.9
+1.77 (+2.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg2.18%
1 Week2.06%
2 Weeks1.46%
1 Month2.57%
3 Month6.71%
6 Month-4.82%
12 Month1.84%
2 Year18.06%
3 Year0.5%
5 Year34.09%
10 Year74.8%
15 Year225.61%
Volatility
ATR(14)1.65
ATR(20)%1.91%
ATR Inc4.23%
Range Today1.81
ADR(20)1.53
ADR(20)%1.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.08
Mansfield-0.6
10 Day High83.44
10 Day Low80.39
20 Day High83.5
20 Day Low79.82
52 Week High95.77
52 Week Low61.9
CS1 End82.52
CR1 StartN/A
Volume & EV
DER(3)-2.31%
DER(5)-0.96%
Volume2.49M
Volume Incr-22.78%
Vol(5)2.80M
Vol(50)3.63M