February 12, 2024, 20:34 pm ET, BY Patrick - Contributor, Stock Traders Daily |
Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for SPGI
- Buy SPGI slightly over 405.45 target 432.83 stop loss @ 404.28 Details
The technical summary data tells us to buy SPGI near 405.45 with an upside target of 432.83. This data also tells us to set a stop loss @ 404.28 to protect against excessive loss in case the stock begins to move against the trade. 405.45 is the first level of support below 429.53 , and by rule, any test of support is a buy signal. In this case, support 405.45 would be being tested, so a buy signal would exist.
- Short SPGI slightly under 432.83, target 405.45, stop loss @ 434.08 Details
The technical summary data is suggesting a short of SPGI as it gets near 432.83 with a downside target of 405.45. We should have a stop loss in place at 434.08though. 432.83 is the first level of resistance above 429.53, and by rule, any test of resistance is a short signal. In this case, if resistance 432.83 is being tested, so a short signal would exist.
Swing Trading Plans for SPGI
- Buy SPGI slightly over 430.93, target 432.83, Stop Loss @ 429.69 Details
If 430.93 begins to break higher, the technical summary data tells us to buy SPGI just slightly over 430.93, with an upside target of 432.83. The data also tells us to set a stop loss @ 429.69 in case the stock turns against the trade. 430.93 is the first level of resistance above 429.53, and by rule, any break above resistance is a buy signal. In this case, 430.93, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short SPGI slightly near 430.93, target 405.45, Stop Loss @ 432.17. Details
The technical summary data is suggesting a short of SPGI if it tests 430.93 with a downside target of 405.45. We should have a stop loss in place at 432.17 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 430.93, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for SPGI
- Buy SPGI slightly over 430.93, target 432.83, Stop Loss @ 429.92 Details
If 430.93 begins to break higher, the technical summary data tells us to buy SPGI just slightly over 430.93, with an upside target of 432.83. The data also tells us to set a stop loss @ 429.92 in case the stock turns against the trade. 430.93 is the first level of resistance above 429.53, and by rule, any break above resistance is a buy signal. In this case, 430.93, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short SPGI slightly near 430.93, target 420.49, Stop Loss @ 431.94. Details
The technical summary data is suggesting a short of SPGI if it tests 430.93 with a downside target of 420.49. We should have a stop loss in place at 431.94 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 430.93, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for S&p Global Inc. (SPGI) available here: SPGI.
SPGI Ratings for February 12:
Term → | Near |
Mid |
Long |
Rating |
Weak |
Neutral |
Strong |
P1 |
0 |
0 |
405.45 |
P2 |
420.49 |
430.93 |
432.83 |
P3 |
435.41 |
447.96 |
458.77 |
AI Generated Signals for SPGI
Blue = Current Price
Red = Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Instructions:
Click the Get Real Time Updates button below.
In the login prompt, select forgot username
Type the email you use for Factset
Use the user/pass you receive to login
You will have 24/7 access to real time updates.
From then on you can just click to get the real time update whenever you want.
GET REAL TIME UPDATES
Our Market Crash Leading Indicator is Evitar Corte.
Evitar Corte warned of market crash risk four times since 2000.
It identified the Internet Debacle before it happened.
It identified the Credit Crisis before it happened.
It identified the Corona Crash too.
See what Evitar Corte is Saying Now.
Get Notified When our Ratings Change: Take a Trial
Fundamental Charts for SPGI: