SYLVAMO CORP (SLVM) Technical Analysis
NYSE:SLVM • US8713321029
Current stock price
SLVM Technical Rating and Analysis
Taking everything into account, SLVM scores 1 out of 10 in our technical rating. 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.
- When comparing the yearly performance of all stocks, SLVM is a bad performer in the overall market: 88% of all stocks are doing 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 37.95 - 44.54 range, which is quite wide. It is currently trading near the high of this range.
- SLVM is an average performer in the Paper & Forest Products industry, it outperforms 50% of 9 stocks in the same industry.
SLVM Weekly and Daily overview Charts
SLVM Setup Rating and Analysis
Although the technical rating is bad, SLVM does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 43.65. Right above this resistance zone may be a good entry point.
More info and screens
SLVM Support and Resistance Analysis
41.93
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 43.65 to 44.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for SLVM is neutral. |
| ChartMill Relative Strength | 12.53 | NEGATIVE | SLVM has a low relative strength, it was outperformed by 87.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SLVM is above the rising 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) | 48.71 | NEUTRAL | The RSI value for SLVM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests SLVM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.98 | NEUTRAL | The Stochastics value for SLVM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.32 | MEDIUM VOLATILITY | The ATR as a percentage value for SLVM suggests some volalility. |
| Average Directional Index/ADX (14) | 15.87 | NEGATIVE | The low ADX value for SLVM suggests a weak or negative trend. |
SLVM Chart- and CandleStick Pattern Analysis
SLVM Technicals: Chart, Performance Metrics, Trend & Indicators
42.35
-1.05 (-2.42%)
SYLVAMO CORP / SLVM TA FAQ
Can you provide the ChartMill technical rating for SYLVAMO CORP?
ChartMill assigns a technical rating of 1 / 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 SYLVAMO CORP (SLVM) stock?
SYLVAMO CORP (SLVM) has an RSI value of 48.7105. This indicates that the stock is currently neutral.
What is the MACD signal for SYLVAMO CORP (SLVM) stock?
The MACD indicator for SYLVAMO CORP (SLVM) has a value of 0.325539, indicating a bearish trend.