DWS Strategic Municipal Income Trust (KSM) Stock Technical Analysis
USA - NYSE:KSM - US23342Q1013
10.075 USD
+0.04 (+0.35%)
We assign a technical rating of 3 out of 10 to KSM. KSM has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
Warning: KSM has an average volume of 18880 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
KSM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When compared to the yearly performance of all other stocks, KSM outperforms 61% of them, which is more or less in line with the market.
In the last month KSM has a been trading in a tight range between 9.97 and 10.25.
KSM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 10.06, a Stop Loss order could be placed below this zone.
More info and screens
9.78
10.32
When analyzing the support we notice one important area.
- A support zone ranging from 9.88 to 10.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 10.09 to 10.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for KSM is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for KSM is down. |
| ChartMill Relative Strength | 61.25 | NEUTRAL | KSM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of KSM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of KSM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of KSM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.41 | NEUTRAL | The RSI value for KSM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests KSM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 48.52 | NEUTRAL | The Stochastics value for KSM is a neutral value. |
| Average True Range in percent/ATR (20) | 0.61 | LOW VOLATILITY | The low ATR as a percentage value for KSM suggests low volalility. |
| Average Directional Index/ADX (14) | 21.28 | NEUTRAL | The ADX value for KSM suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
DWS Strategic Municipal Income Trust
NYSE:KSM (11/13/2024, 8:04:00 PM)
10.075
+0.04 (+0.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.35%
1 Week0.15%
2 Weeks0.25%
1 Month-0.93%
3 Month-0.35%
6 Month4.62%
12 Month24.54%
2 Year20.8%
3 Year-19.27%
5 Year-18.22%
10 Year-24.25%
15 Year-18.29%
Volatility
ATR(14)0.06
ATR(20)%0.61%
ATR Inc-1.68%
Range Today0.04
ADR(20)0.06
ADR(20)%0.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.25
Mansfield-0.68
10 Day High10.16
10 Day Low10
20 Day High10.25
20 Day Low9.97
52 Week High10.25
52 Week Low8.05
CS1 End10.06
CR1 Start10.09
Volume & EV
DER(3)-5.13%
DER(5)-2.8%
Volume16.20K
Volume Incr-2.44%
Vol(5)15.98K
Vol(50)18.88K