SM ENERGY CO (SM) Technical Analysis
NYSE:SM • US78454L1008
Current stock price
SM Technical Rating and Analysis
Taking everything into account, SM scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, SM has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- SM is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SM is leading the market.
- In the last month SM has a been trading in the 23.33 - 33.17 range, which is quite wide. It is currently trading near the high of this range.
- SM has an average volume of 7715510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that SM is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- SM is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 63% of 209 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SM Weekly and Daily overview Charts
SM Setup Rating and Analysis
Although SM has an excellent technical rating, it does not present a decent entry opportunity 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
SM Support and Resistance Analysis
17.67
2 important support areas can be observed.
- A support zone ranging from 23.28 to 23.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @17.85 from a horizontal line in the daily time frame.
SM 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 | UP | POSITIVE | The long term trend for SM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SM is up. |
| ChartMill Relative Strength | 91.59 | POSITIVE | SM has a high relative strength, it outperformed 91.59% 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) | UP | POSITIVE | The current price of SM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 80.44 | OVERBOUGHT | The high RSI value suggests SM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.49 | POSITIVE | The MACD value suggests SM has a positive trend. |
| Stochastics (14,3) | 95.62 | OVERBOUGHT | The high Stochastics value suggests SM may be overbought. |
| Average True Range in percent/ATR (20) | 4.11 | MEDIUM VOLATILITY | The ATR as a percentage value for SM suggests some volalility. |
| Average Directional Index/ADX (14) | 37.26 | POSITIVE | The high ADX value value for SM suggests a strong trend. |
SM Chart- and CandleStick Pattern Analysis
SM Technicals: Chart, Performance Metrics, Trend & Indicators
32.72
+0.04 (+0.12%)
SM ENERGY CO / SM TA FAQ
Can you provide the ChartMill technical rating for SM ENERGY CO?
ChartMill assigns a technical rating of 9 / 10 to SM.
What is the trend direction for SM stock?
The current trend direction for SM ENERGY CO (SM) is Bullish.
What is the RSI signal for SM ENERGY CO (SM) stock?
SM ENERGY CO (SM) has an RSI value of 80.4393. This indicates that the stock is currently overbought.
Can you provide the short term momentum for SM ENERGY CO?
The short term momentum for SM ENERGY CO (SM) is positive.
What is the buy/sell signal for SM ENERGY CO (SM) stock?
The buy/sell signal for SM ENERGY CO (SM) is buy as both the short term and long term trends are positive.