SM ENERGY CO (SM) Stock Technical Analysis
USA - NYSE:SM - US78454L1008 - Common Stock
Taking everything into account, SM scores 0 out of 10 in our technical rating. SM 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 technical rating of SM is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
18.25
We can see 5 important resistance areas.
- Resistance @24.88 from a trend line in the daily time frame.
- Resistance @25.63 from a horizontal line in the daily time frame.
- Resistance @27.73 from a trend line in the daily time frame.
- A resistance zone ranging from 28.26 to 28.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @35.63 from a trend line in the weekly time frame.
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 SM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SM is down. |
| ChartMill Relative Strength | 4.7 | NEGATIVE | SM has a low relative strength, it was outperformed by 95.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.49 | OVERSOLD | The low RSI value suggests SM may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests SM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.28 | OVERSOLD | The low Stochastics value suggests SM may be oversold. |
| Average True Range in percent/ATR (20) | 5.13 | HIGH VOLATILITY | The high ATR as a percentage value for SM suggests high volalility. |
| Average Directional Index/ADX (14) | 34.6 | POSITIVE | The high ADX value value for SM suggests a strong trend. |
18.43
+0.15 (+0.82%)
SM ENERGY CO / SM FAQ
Can you provide the ChartMill technical rating for SM ENERGY CO?
ChartMill assigns a technical rating of 0 / 10 to SM.
What is the current trend direction of SM ENERGY CO (SM) stock?
The current trend direction for SM ENERGY CO (SM) is Bearish.
Can you provide the RSI signal for SM ENERGY CO?
SM ENERGY CO (SM) has an RSI value of 29.4867. This indicates that the stock is currently oversold.
What is the MACD signal for SM stock?
The MACD indicator for SM ENERGY CO (SM) has a value of -0.0941163, indicating a bearish trend.
What is the support and resistance level for SM stock?
SM ENERGY CO (SM) has a resistance level at 24.88. Check the full technical report for our detailed analysis of SM support and resistance levels.