SM ENERGY CO (SM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SM - US78454L1008 - Common Stock
We assign a technical rating of 1 out of 10 to SM. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, SM is a bad performer in the overall market: 91% of all stocks are doing better.
- SM is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 85% of 207 stocks in the same industry do better.
- SM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- SM has an average volume of 3029630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month SM has a been trading in the 17.45 - 19.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SM has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 18.21, a Stop Loss order could be placed below this zone.
More info and screens
17.39
We found 1 important support area.
- A support zone ranging from 17.57 to 18.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 20.12 to 20.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @25.63 from a horizontal line in the daily time frame.
- Resistance @28.26 from a horizontal line in the daily time frame.
- Resistance @33.59 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 | 9.75 | NEGATIVE | SM has a low relative strength, it was outperformed by 90.25% 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) | UP | MIXED | The current price of SM is below the rising 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) | 45.31 | NEUTRAL | The RSI value for SM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SM has a positive trend. |
| Stochastics (14,3) | 37.5 | NEUTRAL | The Stochastics value for SM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.91 | MEDIUM VOLATILITY | The ATR as a percentage value for SM suggests some volalility. |
| Average Directional Index/ADX (14) | 9.84 | NEGATIVE | The low ADX value for SM suggests a weak or negative trend. |
18.23
+0.02 (+0.11%)
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 trend direction for SM stock?
The current trend direction for SM ENERGY CO (SM) is Bearish.
What is the RSI signal for SM ENERGY CO (SM) stock?
SM ENERGY CO (SM) has an RSI value of 45.3125. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SM ENERGY CO?
The short term momentum for SM ENERGY CO (SM) is negative.
What is the buy/sell signal for SM ENERGY CO (SM) stock?
The buy/sell signal for SM ENERGY CO (SM) is sell as both the short term and long term trends are negative.