SM ENERGY CO (SM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SM - US78454L1008 - Common Stock
Overall SM gets a technical rating of 0 out of 10. SM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, SM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 18.31, a Stop Loss order could be placed below this zone.
More info and screens
17.67
2 important support areas can be observed.
- A support zone ranging from 18.28 to 18.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.85 from a horizontal line in the daily time frame.
6 important resistance areas can be observed.
- A resistance zone ranging from 18.91 to 18.92. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 20.12 to 20.48. 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 @26.91 from a trend line in the daily time frame.
- Resistance @28.26 from a horizontal line in the daily time frame.
- Resistance @34.41 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 | 7.51 | NEGATIVE | SM has a low relative strength, it was outperformed by 92.49% 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) | 42.28 | NEUTRAL | The RSI value for SM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests SM has a negative trend. |
| Stochastics (14,3) | 27.99 | NEUTRAL | The Stochastics value for SM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.02 | MEDIUM VOLATILITY | The ATR as a percentage value for SM suggests some volalility. |
| Average Directional Index/ADX (14) | 13.92 | NEGATIVE | The low ADX value for SM suggests a weak or negative trend. |
18.51
-0.41 (-2.17%)
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 42.2766. 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 -0.0366043, indicating a bearish trend.
What is the support and resistance level for SM stock?
SM ENERGY CO (SM) has a support level at 18.31 and a resistance level at 18.91. Check the full technical report for our detailed analysis of SM support and resistance levels.