SM ENERGY CO (SM) Stock Technical Analysis
NYSE:SM - New York Stock Exchange, Inc. - US78454L1008 - Common Stock - Currency: USD
Overall SM gets a technical rating of 2 out of 10. In the past year, SM was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, SM is a bad performer in the overall market: 90% of all stocks are doing better.
SM is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 82% of 213 stocks in the same industry do better.
SM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month SM has a been trading in the 22.33 - 27.42 range, which is quite wide. It is currently trading near the high of this range.
SM has an average volume of 2516470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
20.19
46.29
3 important support areas can be observed.
- A support zone ranging from 22.82 to 23.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.88 from a trend line in the daily time frame.
- Support @20.39 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @40.12 from a trend line in the weekly time frame.
- Resistance @45.83 from a horizontal line in the daily 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 | UP | POSITIVE | The short term trend for SM is up. |
| ChartMill Relative Strength | 10.28 | NEGATIVE | SM has a low relative strength, it was outperformed by 89.72% 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 | MIXED | The current price of SM is above 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) | 64.24 | NEUTRAL | The RSI value for SM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests SM has a positive trend. |
| Stochastics (14,3) | 86.27 | OVERBOUGHT | The high Stochastics value suggests SM may be overbought. |
| Average True Range in percent/ATR (20) | 3.72 | MEDIUM VOLATILITY | The ATR as a percentage value for SM suggests some volalility. |
| Average Directional Index/ADX (14) | 18.05 | NEGATIVE | The low ADX value for SM suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
26.8
+0.81 (+3.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg3.12%
1 Week10.93%
2 Weeks13.27%
1 Month4.56%
3 Month-10.64%
6 Month-33.71%
12 Month-41.51%
2 Year-15.27%
3 Year-21.61%
5 Year614.67%
10 Year-41.89%
15 Year-33.27%
Volatility
ATR(14)1.1
ATR(20)%3.72%
ATR Inc44.09%
Range Today1.41
ADR(20)0.91
ADR(20)%3.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.28
Mansfield-3.12
10 Day High27.42
10 Day Low23.01
20 Day High27.42
20 Day Low22.33
52 Week High50.2
52 Week Low19.67
CS1 End23.1
CR1 Start40.12
Volume & EV
DER(3)-0.92%
DER(5)-0.4%
Volume2.93M
Volume Incr-2.48%
Vol(5)2.01M
Vol(50)2.52M