When the Price of (SPGI) Talks, People Listen
March 05, 2024, 05:58 am ET, BY THOMAS KEE- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for SPGI
- Buy SPGI slightly over 408.39 target 435.93 stop loss @ 407.21 Details
The technical summary data tells us to buy SPGI near 408.39 with an upside target of 435.93. This data also tells us to set a stop loss @ 407.21 to protect against excessive loss in case the stock begins to move against the trade. 408.39 is the first level of support below 425.44 , and by rule, any test of support is a buy signal. In this case, support 408.39 would be being tested, so a buy signal would exist.
- Short SPGI slightly under 435.93, target 408.39, stop loss @ 437.19 Details
The technical summary data is suggesting a short of SPGI as it gets near 435.93 with a downside target of 408.39. We should have a stop loss in place at 437.19though. 435.93 is the first level of resistance above 425.44, and by rule, any test of resistance is a short signal. In this case, if resistance 435.93 is being tested, so a short signal would exist.
Swing Trading Plans for SPGI
- Buy SPGI slightly over 426.44, target 435.93, Stop Loss @ 425.21 Details
If 426.44 begins to break higher, the technical summary data tells us to buy SPGI just slightly over 426.44, with an upside target of 435.93. The data also tells us to set a stop loss @ 425.21 in case the stock turns against the trade. 426.44 is the first level of resistance above 425.44, and by rule, any break above resistance is a buy signal. In this case, 426.44, 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 426.44, target 408.39, Stop Loss @ 427.67. Details
The technical summary data is suggesting a short of SPGI if it tests 426.44 with a downside target of 408.39. We should have a stop loss in place at 427.67 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, 426.44, 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 426.14, target 426.44, Stop Loss @ 425.15 Details
If 426.14 begins to break higher, the technical summary data tells us to buy SPGI just slightly over 426.14, with an upside target of 426.44. The data also tells us to set a stop loss @ 425.15 in case the stock turns against the trade. 426.14 is the first level of resistance above 425.44, and by rule, any break above resistance is a buy signal. In this case, 426.14, 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 426.14, target 408.39, Stop Loss @ 427.13. Details
The technical summary data is suggesting a short of SPGI if it tests 426.14 with a downside target of 408.39. We should have a stop loss in place at 427.13 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, 426.14, 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 March 05:
Term → | Near |
Mid |
Long |
Rating |
Weak |
Neutral |
Strong |
P1 |
0 |
0 |
408.39 |
P2 |
426.14 |
426.44 |
435.93 |
P3 |
430.66 |
436.95 |
462.54 |
AI Generated Signals for SPGI
Blue = Current Price
Red= Resistance
Green = Support
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This is not EF Hutton, but it could be more #powerful. A picture speaks a thousand words, they say, and the #priceaction of S&p Global Inc. (NASDAQ: SPGI) tells an important story. The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity. The data below for SPGI can be used as an example, and demonstrate how to do this for other stocks too. This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for SPGI: