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Archive - 4/17/2025 - Sign In to see current Signals. |
S&P Global, Inc. (SPGI) Technical Analysis
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| Summary:
| | Weekly :  | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the S&P Global, Inc. (SPGI). During the week, the SPGI gave back -2.22 points, or -0.48%, and closed at 462.88 on Thursday, April 17, 2025. Weekly volume was -23% below average. SPGI is a member of Financials Sector. Financials is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See SPGI long-term trend chart] A long-term uptrend had started on October 13, 2022 at 279.32 and reached 545.40 on February 14, 2025. SPGI gained -266.08 points, or -95.26%, in 122 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (493.03) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
Medium-term trend: [See SPGI medium-term trend chart] A medium-term downtrend had started on February 14, 2025 at 545.40 and reached 427.10 on April 7, 2025. SPGI lost 118.30 points, or 21.69%, in 7 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 406.26 and resistance is at 504.42. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See SPGI weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since February 28, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.
Short-term trend: [See SPGI short-term trend chart] A short-term downtrend had started on April 2, 2025 at 514.90 and reached 427.10 on April 7, 2025. SPGI lost 87.80 points, or 17.05%, in 5 days. The price is now at the 40.75% retracement level.
Daily Technical Indicators: [See SPGI daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since April 3, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak. The distance between the Bollinger Bands is 160.49% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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