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Archive - 4/17/2025 - Sign In to see current Signals. |
Sempra Energy (SRE) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :  Move cursor over the icon to see details.
| | It was a second consecutive positive week for the Sempra Energy (SRE). During the week, the SRE gained 2.81 points, or 4.11%, and closed at 71.12 on Thursday, April 17, 2025. It was the best weekly gain since February 21, 2025. SRE was trading at average weekly trading volume. SRE is a member of Utilities Sector. Utilities is the 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 SRE long-term trend chart] A long-term downtrend had started on September 12, 2022 at 176.47 and reached 61.90 on April 7, 2025. SRE lost 114.57 points, or 64.92%, in 134 weeks. The price is now at the 8.05% retracement level.
Medium-term trend: [See SRE medium-term trend chart] A medium-term downtrend had started on February 26, 2025 at 74.25 and reached 61.90 on April 7, 2025. SRE lost 12.35 points, or 16.63%, in 5 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 59.68 and resistance is at 73.10. 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 SRE weekly technical indicators chart] Weekly technical indicators are neutral. Weekly Relative Strength Index has bullish divergence. Use the following links to access the Relative Strength Index help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Relative Strength Index help. The weekly MACD line is below its signal line since December 27, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.
Short-term trend: [See SRE short-term trend chart] A short-term uptrend had started on April 7, 2025 at 61.90 and reached 71.96 on April 17, 2025. SRE gained -10.06 points, or -16.25%, in 10 days. The price is now at the 8.35% retracement level.
Daily Technical Indicators: [See SRE daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since April 10, 2025. This is an indication that the short-term trend is up. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. 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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