SPIRE INC. - Daily - Technical analysis published on 10/10/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bullish
Technical indicators
22%
33%
44%
My opinion
Bullish above 84.66 USD
My targets
86.04 USD (+1.47%)
87.24 USD (+2.89%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 84.66 USD remains possible. It is advisable to trade SPIRE INC. with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 84.66 USD. The next bullish objective for buyers is set at 86.04 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 87.24 USD. PS: if there is a bearish break in the support located at 84.66 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
FORCE
0
10
1.8
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
SPIRE INC. rating 84.79 USD. The price has increased by +0.04% since the last closing and was between 84.14 USD and 85.03 USD. This implies that the price is at +0.77% from its lowest and at -0.28% from its highest.84.14
85.03
84.79
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of SPIRE INC. indicates that the overall trend is bullish. The signals given by moving averages are 67.86% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Support of channel is broken
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 80.01 | 82.25 | 84.66 | 84.79 | 86.04 | 87.24 |
| Change (%) | -5.64% | -3.00% | -0.15% | - | +1.47% | +2.89% |
| Change | -4.78 | -2.54 | -0.13 | - | +1.25 | +2.45 |
| Level | Major | Major | Intermediate | - | 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 | 83.56 | 83.93 | 84.35 | 84.72 | 85.14 | 85.51 | 85.93 |
| Camarilla | 84.54 | 84.62 | 84.69 | 84.76 | 84.83 | 84.91 | 84.98 |
| Woodie | 83.58 | 83.94 | 84.37 | 84.73 | 85.16 | 85.52 | 85.95 |
| Fibonacci | 83.93 | 84.24 | 84.42 | 84.72 | 85.03 | 85.21 | 85.51 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 81.00 | 82.65 | 84.14 | 85.79 | 87.28 | 88.93 | 90.42 |
| Camarilla | 84.76 | 85.04 | 85.33 | 85.62 | 85.91 | 86.20 | 86.48 |
| Woodie | 80.91 | 82.61 | 84.05 | 85.75 | 87.19 | 88.89 | 90.33 |
| Fibonacci | 82.65 | 83.85 | 84.59 | 85.79 | 86.99 | 87.73 | 88.93 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 76.21 | 78.72 | 82.98 | 85.49 | 89.75 | 92.26 | 96.52 |
| Camarilla | 85.38 | 86.00 | 86.62 | 87.24 | 87.86 | 88.48 | 89.10 |
| Woodie | 77.09 | 79.16 | 83.86 | 85.93 | 90.63 | 92.70 | 97.40 |
| Fibonacci | 78.72 | 81.31 | 82.90 | 85.49 | 88.08 | 89.67 | 92.26 |
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): | 45.77 | |
| MACD (12,26,9): | 0.1400 | |
| Directional Movement: | -11.72 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 85.89 | |
| Parabolic SAR (0,02-0,02-0,2): | 87.27 | |
| Elder Ray (13): | -0.93 | |
| Super Trend (3,10): | 83.13 | |
| Zig ZAG (10): | 84.79 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 15.63 | |
| TEMA (21): | 85.46 | |
| Williams %R (14): | -77.25 | |
| Chande Momentum Oscillator (20): | -2.23 | |
| Repulse (5,40,3): | 0.4500 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1000 | |
| Courbe Coppock: | 2.83 |
| MA7: | 85.13 | |
| MA20: | 86.11 | |
| MA50: | 83.81 | |
| MA100: | 83.87 | |
| MAexp7: | 85.21 | |
| MAexp20: | 85.49 | |
| MAexp50: | 84.71 | |
| MAexp100: | 83.61 | |
| Price / MA7: | -0.40% | |
| Price / MA20: | -1.53% | |
| Price / MA50: | +1.17% | |
| Price / MA100: | +1.10% | |
| Price / MAexp7: | -0.49% | |
| Price / MAexp20: | -0.82% | |
| Price / MAexp50: | +0.09% | |
| Price / MAexp100: | +1.41% |
News
The latest news and videos published on SPIRE INC. at the time of the analysis were as follows:
- Spire Reports Second Quarter Results
-
Will Notre-Dame's Spire Be Rebuilt As It Was Or Receive A Modern Twist?
-
International Architects May Redesign Notre-Dame's Spire
-
Paris’ Notre Dame Cathedral Spire Collapses In Massive Fire | NBC News
-
Watch Notre Dame spire collapse
This member declared not having a position on this financial instrument or a related financial instrument.
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