SM ENERGY CO (SM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SM - US78454L1008 - Common Stock
Overall SM gets a technical rating of 1 out of 10. 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.
Although the technical rating is bad, SM does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 20.44. Right above this resistance zone may be a good entry point.
More info and screens
18.58
We found 1 important support area.
- Support @18.77 from a trend line in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 20.44 to 20.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @25.63 from a horizontal line in the daily time frame.
- Resistance @27.20 from a trend line in the daily time frame.
- Resistance @28.26 from a horizontal line in the daily time frame.
- Resistance @34.81 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 | NEUTRAL | NEUTRAL | The short term trend for SM is neutral. |
| ChartMill Relative Strength | 7.63 | NEGATIVE | SM has a low relative strength, it was outperformed by 92.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SM is above the rising 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) | 56.43 | NEUTRAL | The RSI value for SM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests SM has a positive trend. |
| Stochastics (14,3) | 73.53 | NEUTRAL | The Stochastics value for SM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.04 | MEDIUM VOLATILITY | The ATR as a percentage value for SM suggests some volalility. |
| Average Directional Index/ADX (14) | 22.64 | NEUTRAL | The ADX value for SM suggests a possible start of a new trend. |
20.43
+0.54 (+2.71%)
SM ENERGY CO / SM FAQ
Can you provide the ChartMill technical rating for SM ENERGY CO?
ChartMill assigns a technical rating of 1 / 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 56.4259. This indicates that the stock is currently neutral.
What is the MACD signal for SM stock?
The MACD indicator for SM ENERGY CO (SM) has a value of 0.298053, indicating a bearish trend.
What is the support and resistance level for SM stock?
SM ENERGY CO (SM) has a support level at 18.77 and a resistance level at 20.44. Check the full technical report for our detailed analysis of SM support and resistance levels.