SPGI, S&P Global Inc.
Context Technical Analysis
Since early April, SPGI is moving in a strong bullish channel between its 10-day moving average and the upper Bollinger Band.
In addition, SPDI’s price broke above the orange resistance line.
The MACD is moving horizontally, just above its Signal Line, a sign of a mature uptrend that has lost some of its strength.
The Relative Strength of SPGI is moving up and above its 20-day moving average since late-March.
Higher Time Frame
From SPGI's weekly chart below, we can see:
· SPGI is moving above its rising 10- 20- and 50-week moving average and above the yellow resistance line
· The MACD has turned up and it’s above its signal line
· SPGI’s Relative Strength is moving up and above its 20-day moving average since January.