S&P GLOBAL INC. - Daily - Technical analysis published on 02/17/2020 (GMT)
- Who voted?
- 346
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
89%
6%
6%
My opinion
Bullish above 293.61 USD
My targets
316.38 USD (+2.84%)
332.05 USD (+7.93%)
My analysis
The bullish trend is currently very strong on S&P GLOBAL INC.. As long as the price remains above the support at 293.61 USD, you could try to benefit from the boom. The first bullish objective is located at 316.38 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 332.05 USD as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
8.8
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by emerick. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The S&P GLOBAL INC. rating is 307.65 USD. On the day, this instrument gained +2.09% and was between 300.55 USD and 307.70 USD. This implies that the price is at +2.36% from its lowest and at -0.02% from its highest.300.55
307.70
307.65
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of S&P GLOBAL INC. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : Daily
RSI indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish harami
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 236.44 | 267.75 | 293.61 | 307.65 |
| Change (%) | -23.15% | -12.97% | -4.56% | - |
| Change | -71.21 | -39.90 | -14.04 | - |
| Level | Minor | Major | Major | - |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 291.81 | 294.70 | 298.03 | 300.92 | 304.25 | 307.14 | 310.47 |
| Camarilla | 299.64 | 300.21 | 300.78 | 301.35 | 301.92 | 302.49 | 303.06 |
| Woodie | 292.02 | 294.81 | 298.24 | 301.03 | 304.46 | 307.25 | 310.68 |
| Fibonacci | 294.70 | 297.08 | 298.55 | 300.92 | 303.30 | 304.77 | 307.14 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 281.90 | 286.78 | 291.13 | 296.01 | 300.36 | 305.24 | 309.59 |
| Camarilla | 292.94 | 293.79 | 294.63 | 295.48 | 296.33 | 297.17 | 298.02 |
| Woodie | 281.64 | 286.65 | 290.87 | 295.88 | 300.10 | 305.11 | 309.32 |
| Fibonacci | 286.78 | 290.31 | 292.48 | 296.01 | 299.54 | 301.71 | 305.24 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 251.07 | 262.39 | 278.06 | 289.39 | 305.06 | 316.38 | 332.05 |
| Camarilla | 286.31 | 288.78 | 291.26 | 293.73 | 296.21 | 298.68 | 301.15 |
| Woodie | 253.24 | 263.48 | 280.23 | 290.47 | 307.23 | 317.47 | 334.22 |
| Fibonacci | 262.39 | 272.71 | 279.08 | 289.39 | 299.70 | 306.07 | 316.38 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 68.11 | |
| MACD (12,26,9): | 4.5900 | |
| Directional Movement: | 15.08 | |
| AROON (14): | 100.00 | |
| DEMA (21): | 302.68 | |
| Parabolic SAR (0,02-0,02-0,2): | 293.27 | |
| Elder Ray (13): | 5.54 | |
| Super Trend (3,10): | 287.22 | |
| Zig ZAG (10): | 307.65 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 92.58 | |
| TEMA (21): | 302.20 | |
| Williams %R (14): | -0.31 | |
| Chande Momentum Oscillator (20): | 10.34 | |
| Repulse (5,40,3): | 4.1800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2300 | |
| Courbe Coppock: | 2.46 |
| MA7: | 299.22 | |
| MA20: | 297.33 | |
| MA50: | 285.36 | |
| MA100: | 269.60 | |
| MAexp7: | 300.81 | |
| MAexp20: | 296.35 | |
| MAexp50: | 286.59 | |
| MAexp100: | 274.24 | |
| Price / MA7: | +2.82% | |
| Price / MA20: | +3.47% | |
| Price / MA50: | +7.81% | |
| Price / MA100: | +14.11% | |
| Price / MAexp7: | +2.27% | |
| Price / MAexp20: | +3.81% | |
| Price / MAexp50: | +7.35% | |
| Price / MAexp100: | +12.18% |
News
Don"t forget to follow the news on S&P GLOBAL INC.. At the time of publication of this analysis, the latest news was as follows:
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis S&P GLOBAL INC. - Daily