Technical Outlook of SSE PLC

SSE PLC is an energy company, engaged in the generation, transmission, distribution and supply of electricity, in the production, storage, distribution and supply of gas and in other energy services. Its segments include Electricity Transmission, Electricity Distribution, Gas Distribution, Renewables, Thermal Generation, Gas Storage, Business Energy, Airtricity, Enterprise and Energy Portfolio Management (EPM).

There is a bullish trend on this market with upward momentum. For a daily trading method, the moving averages and technical indicators show a potential buy signal for this stock. Hence, for a monthly trading approach, all the indicators show a buy signal. According to our technical analysis, our research team suggests a potential buy signal.

For more details, you can click on the attached file below.

Finance Club UoM~ Research Team