Sempra Energy stock: buy or sell
Jul 29th, 2021
Sempra Energy stock brief
- Sempra Energy closed on Wednesday at $132.78 after scarcely changing a 0.11%.
- Sempra operates as an energy-services holding company in the United States and internationally.
Should I buy Sempra Energy stock?
Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Is $SRE stock a buy?
In the current situation of Sempra Energy there is not any eligible buy setup. This doesn't mean we expect a selloff for $SRE in coming sessions, or that it may not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell Sempra Energy stock?
When is it time to sell Sempra Energy?. Like when we have to buy shares, deciding when is the best time to sell is not a haphazard decision, and we must follow our own trading strategy. When selling, as well as buying, our strategies are very simple to follow but are only valid for selling stocks in your porfolio, not for shorting Sempra Energy stock
A guiding principle is that you must never hold an investment that leads to losses greater than those expected at the time of purchase. When to sell your stock must always be determined by the stop-loss (automatic or manual)
Is it time to sell Sempra Energy stock?
In the current situation of Sempra Energy there is not any eligible sell setup, so Sempra Energy stock holders with operations in profit can keep their positions
Sempra Energy ratings
We don't have any rating published in the last month for Sempra Energy
Sempra Energy stock analysis
Supports and resistances
The current resistances are:
The current support levels are:
The evolution of the Bollinger Bands on the chart reveals that they are fairly close to each other (4.06%), which clearly means that price volatility is low. The narrowness of the Bollinger bands is usually a indication of a sharp price movement (up or down), so we must be careful and manage our buy or sell orders appropiately
Relative strength index
The RSI dropped below the overbought level of 70 in mid-June after just crossing to the overbough zone for just one day (weak signal). The RSI reading on Wednesday was 49.66. Since RSI lost the overbought zone, Sempra Energy shares tanked a 7.07%
Sempra Energy stock price history
Sempra Energy went public on Jun 29th, 1998 priced at $12.09 per share1. Since then, SRE stock surged by 998.26%, with an average of 43.40% per year. If you had invested thousand dollars in Sempra Energy stock on Jun 1998, it would worth $10,982.63 today.
1: Adjusted price after possible price splits or reverse-splits
Price target for Sempra Energy stock
Nobody knows how much a stock will be priced in the future. However, many stock price predictions are issued every day by banks, financial institutions and independent analysts.
The following table shows the price predictions posted by financial institutions in the last month. If you are a small investor you shouldn't trade based on these predictions.
In the previous 30 days we couldn't find any price target published for Sempra Energy stock.
Earnings and financials
Sempra Energy ($SRE) had the shareholders call and posted the report last May. Sempra Energy posted earnings of $2.95 per share on revenue of $3.3 billion. The consensus earnings estimate was $2.70 per share on revenue of $3.3 billion.Same quarter one year ago, reported EPS was $3.08, so recently reported EPS is a drop of -4.22%. Turnover rose a 7.59% on an annualized basis in the , from $30.3B to $32.6B last quarter.
Sempra Energy ($SRE) is hosting the Q2 earnings call next Wednesday. Analysts estimate of $1.58, that is a 46.44% less than Q1.
Sempra Energy performance
|Sempra Energy ($SRE)||-2.00%||-1.00%||11.60%|
Important:The thoughts written in this post are personal and not recommendations for you to buy or sell stocks. The author of this paper does not have an understanding of the individual scenarios of the reader, his or her own finances or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Viewpoints are posted for informational purposes only
Sempra Energy summary
|Wednesday, July 28th, 2021|
|Day range||$130.96 - $133.1|
|Average true range||$2.71|
|50d mov avg||$134.75|
|100d mov avg||$133.58|
|200d mov avg||$128.66|
|Earnings date||August 4th, 2021|