S&P Global Inc

SPGI is early in a Stage 1 consolidation base with an active momentum breakout indicating emerging demand, but price is currently extended above the rising 9/21 EMAs with extreme overbought conditions. Favor deferred bullish engagement on pullbacks into the 9/21 EMA support zone or near rising 50 DMA to align with medium-term breakout momentum under a Stable strategy.

• ↑Revenue rose 10% YoY to $2.5 billion; subscriptions now 75% of mix
• ↑Subscription products grew 6%, driving 150 bp operating margin expansion
• ↓Revenue growth projected at 4.5%–6% due to geopolitical and energy risks