Spire Inc Stock Technical Analysis
SR Stock | USD 58.88 0.71 1.19% |
As of the 19th of March, Spire has the Variance of 1.83, coefficient of variation of (1,410), and Risk Adjusted Performance of (0.04). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Spire Inc, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate data for thirteen technical drivers for Spire Inc, which can be compared to its competition. Please validate Spire Inc variance and skewness to decide if Spire is priced more or less accurately, providing market reflects its prevalent price of 58.88 per share. Given that Spire Inc has information ratio of (0.18), we advise you to double-check Spire Inc's current market performance to make sure the company can sustain itself at a future point.
Spire Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Spire, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SpireSpire |
Spire Analyst Consensus
Target Price | Advice | # of Analysts | |
71.0 | Buy | 7 | Odds |
Most Spire analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Spire stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Spire Inc, talking to its executives and customers, or listening to Spire conference calls.
Spire technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Spire Inc Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Spire Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Spire Inc Trend Analysis
Use this graph to draw trend lines for Spire Inc. You can use it to identify possible trend reversals for Spire as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Spire price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Spire Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Spire Inc applied against its price change over selected period. The best fit line has a slop of 0.04 , which may indicate that the price for Spire Inc will continue to decline. It has 122 observation points and a regression sum of squares at 69.67, which is the sum of squared deviations for the predicted Spire price change compared to its average price change.About Spire Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Spire Inc on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Spire Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Spire Inc price pattern first instead of the macroeconomic environment surrounding Spire Inc. By analyzing Spire's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Spire's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Spire specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Price Earnings Ratio | 14.71 | 13.68 | 12.31 | 12.29 | Short Term Coverage Ratios | 0.0417 | 0.4 | 0.36 | 0.57 |
Spire March 19, 2024 Technical Indicators
Most technical analysis of Spire help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Spire from various momentum indicators to cycle indicators. When you analyze Spire charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | (0.04) | |||
Market Risk Adjusted Performance | (0.07) | |||
Mean Deviation | 1.02 | |||
Coefficient Of Variation | (1,410) | |||
Standard Deviation | 1.35 | |||
Variance | 1.83 | |||
Information Ratio | (0.18) | |||
Jensen Alpha | (0.27) | |||
Total Risk Alpha | (0.39) | |||
Treynor Ratio | (0.08) | |||
Maximum Drawdown | 7.1 | |||
Value At Risk | (2.16) | |||
Potential Upside | 2.27 | |||
Skewness | 0.5629 | |||
Kurtosis | 0.9785 |
Spire March 19, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Spire stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 5,311 | ||
Daily Balance Of Power | (0.68) | ||
Rate Of Daily Change | 0.99 | ||
Day Median Price | 59.20 | ||
Day Typical Price | 59.09 | ||
Price Action Indicator | (0.67) |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spire Inc. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for Spire Stock analysis
When running Spire's price analysis, check to measure Spire's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Spire is operating at the current time. Most of Spire's value examination focuses on studying past and present price action to predict the probability of Spire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spire's price. Additionally, you may evaluate how the addition of Spire to your portfolios can decrease your overall portfolio volatility.
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Is Spire's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Spire. If investors know Spire will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Spire listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.09) | Dividend Share 2.915 | Earnings Share 3.71 | Revenue Per Share 49.434 | Quarterly Revenue Growth (0.07) |
The market value of Spire Inc is measured differently than its book value, which is the value of Spire that is recorded on the company's balance sheet. Investors also form their own opinion of Spire's value that differs from its market value or its book value, called intrinsic value, which is Spire's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Spire's market value can be influenced by many factors that don't directly affect Spire's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Spire's value and its price as these two are different measures arrived at by different means. Investors typically determine if Spire is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spire's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.