SEMPRA (SRE) Stock Technical Analysis
NYSE:SRE • US8168511090
Overall SRE gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SRE is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, SRE did better than 81% 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 is trading in the upper part of its 52 week range, but not near new highs, so SRE is leading the market.
- In the last month SRE has a been trading in the 85.63 - 97.44 range, which is quite wide. It is currently trading near the high of this range.
- SRE has an average volume of 3888400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SRE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 96.27. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
84.89
We found 1 important support area.
- A support zone ranging from 85.75 to 89.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 96.27 to 96.27. 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 | 81.37 | POSITIVE | SRE has a high relative strength, it outperformed 81.37% 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) | 65.65 | NEUTRAL | The RSI value for SRE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests SRE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.61 | OVERBOUGHT | The high Stochastics value suggests SRE may be overbought. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for SRE suggests some volalility. |
| Average Directional Index/ADX (14) | 32.57 | 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 |
|---|---|---|---|
| 96.28 | 91.57 | 4.72 (4.90%) | 20.42% |
| An entry @96.28. This is a Buy Stop order right above the resistance zone. | An exit @91.56. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 4.72 points, which is 4.90%. | When investing 20.42% 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.
95.36
-0.31 (-0.32%)
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 65.6541. 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 89.68 and a resistance level at 96.27. Check the full technical report for our detailed analysis of SRE support and resistance levels.