SYLVAMO CORP (SLVM) Technical Analysis
NYSE:SLVM • US8713321029
Current stock price
38.77 USD
-0.89 (-2.24%)
At close:
38.77 USD
0 (0%)
After Hours:
SLVM Technical Rating and Analysis
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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, SLVM is a bad performer in the overall market: 90% of all stocks are doing better.
- 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 near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so SLVM is lagging the market.
- In the last month SLVM has a been trading in the 38.42 - 48.74 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
SLVM Weekly and Daily overview Charts
SLVM Setup Rating and Analysis
The technical rating of SLVM is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
SLVM Support and Resistance Analysis
38.38
54.41
We can see 2 important resistance areas.
- A resistance zone ranging from 47.84 to 48.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @53.87 from a horizontal line in the daily time frame.
SLVM Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for SLVM is down. |
| ChartMill Relative Strength | 10.77 | NEGATIVE | SLVM has a low relative strength, it was outperformed by 89.23% 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) | 24.67 | OVERSOLD | The low RSI value suggests SLVM may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.47 | NEGATIVE | The MACD value suggests SLVM has a negative trend. |
| Stochastics (14,3) | 1.53 | OVERSOLD | The low Stochastics value suggests SLVM may be oversold. |
| Average True Range in percent/ATR (20) | 4.51 | MEDIUM VOLATILITY | The ATR as a percentage value for SLVM suggests some volalility. |
| Average Directional Index/ADX (14) | 26.67 | POSITIVE | The high ADX value value for SLVM suggests a strong trend. |
SLVM Chart- and CandleStick Pattern Analysis
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)
SLVM Technicals: Chart, Performance Metrics, Trend & Indicators
38.77
-0.89 (-2.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryPaper & Forest Products
Performance
% Chg-2.24%
1 Week-7.65%
2 Weeks-14.09%
1 Month-18.34%
3 Month-22.13%
6 Month-11.38%
12 Month-40.68%
2 Year-37.2%
3 Year-16.19%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.7
ATR(20)%4.51%
ATR Inc-13.63%
Range Today1.13
ADR(20)1.7
ADR(20)%4.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.77
3 months CRS16.15
6 months CRS29.83
Mansfield-2.43
10 Day High45.1
10 Day Low38.42
20 Day High48.74
20 Day Low38.42
52 Week High68.76
52 Week Low37.52
CS1 EndN/A
CR1 Start47.84
Volume & EV
DER(3)-1.59%
DER(5)-3.28%
Volume371.20K
Volume Incr-11.19%
Vol(5)345.96K
Vol(50)326.99K
SYLVAMO CORP / SLVM TA FAQ
Can you provide the ChartMill technical rating for SYLVAMO CORP?
ChartMill assigns a technical rating of 0 / 10 to SLVM.
What is the current trend direction of SYLVAMO CORP (SLVM) stock?
The current trend direction for SYLVAMO CORP (SLVM) is Bearish.
What is the RSI signal for SLVM stock?
SYLVAMO CORP (SLVM) has an RSI value of 24.6729. This indicates that the stock is currently oversold.
Can you provide the short term momentum for SYLVAMO CORP?
The short term momentum for SYLVAMO CORP (SLVM) is negative.
What are the support and resistance levels for SYLVAMO CORP (SLVM) stock?
SYLVAMO CORP (SLVM) has a resistance level at 47.84. Check the full technical report for our detailed analysis of SLVM support and resistance levels.