SYLVAMO CORP (SLVM) Stock Technical Analysis
USA - NYSE:SLVM - US8713321029 - Common Stock
43.47 USD
-0.75 (-1.7%)
43.47 USD
0 (0%)
We assign a technical rating of 0 out of 10 to SLVM. SLVM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
94% of all other stocks performed better in the past year than SLVM.
SLVM is one of the lesser performing stocks in the Paper & Forest Products industry. 75% of 9 stocks in the same industry do better.
SLVM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month SLVM has a been trading in the 42.11 - 46.75 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
SLVM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
42.46
46.60
When analyzing the support we notice one important area.
- Support @42.89 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 43.49 to 43.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 44.85 to 45.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 45.89 to 46.14. 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 | DOWN | NEGATIVE | The long term trend for SLVM is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SLVM is neutral. |
| ChartMill Relative Strength | 6.43 | NEGATIVE | SLVM has a low relative strength, it was outperformed by 93.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SLVM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SLVM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SLVM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.68 | NEUTRAL | The RSI value for SLVM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests SLVM has a positive trend. |
| Stochastics (14,3) | 33.48 | NEUTRAL | The Stochastics value for SLVM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.07 | MEDIUM VOLATILITY | The ATR as a percentage value for SLVM suggests some volalility. |
| Average Directional Index/ADX (14) | 16.29 | NEGATIVE | The low ADX value for SLVM suggests a weak or negative 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)
43.47
-0.75 (-1.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg-1.7%
1 Week1.66%
2 Weeks-2.25%
1 Month-1.38%
3 Month-18%
6 Month-26.66%
12 Month-47.47%
2 Year-1.87%
3 Year-9.76%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.44
ATR(20)%3.07%
ATR Inc-6.38%
Range Today1.24
ADR(20)1.26
ADR(20)%2.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.43
Mansfield-4.01
10 Day High45.94
10 Day Low42.11
20 Day High46.75
20 Day Low42.11
52 Week High98.02
52 Week Low37.52
CS1 End42.89
CR1 Start43.49
Volume & EV
DER(3)-0.27%
DER(5)1.83%
Volume582.58K
Volume Incr-9.64%
Vol(5)357.87K
Vol(50)418.57K