SM ENERGY CO (SM)

US78454L1008 - Common Stock

47.52  +1.25 (+2.7%)

After market: 47.52 0 (0%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to SM. In the last year, SM was one of the better performers, but we do observe some doubts in the very recent evolution.

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. We also observe that the gains produced by SM over the past year are nicely spread over this period.
SM is part of the Oil, Gas & Consumable Fuels industry. There are 212 other stocks in this industry. SM outperforms 85% of them.
SM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SM is lagging the market slightly.
SM has an average volume of 1463560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
In the last month SM has a been trading in the 45.28 - 50.77 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
SM Weekly chart
SM Daily chart
Setup Rating and Analysis

8

Although the technical rating is only medium, SM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 49.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 45.81, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SM in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

45.35

53.30

When analyzing the support we notice one important area.

  • A support zone ranging from 45.81 to 45.81. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • A resistance zone ranging from 49.06 to 49.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @50.84 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 52.77 to 52.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.75
Mansfield-0.04
10 Day High50.04
10 Day Low45.28
20 Day High50.77
20 Day Low45.28
52 Week High53.26
52 Week Low29.15
Performance
1 Week-1.9%
2 Weeks2.15%
1 Month-3.92%
3 Month-2.42%
6 Month23.08%
12 Month63.36%
2 Year38.99%
3 Year92.94%
5 Year279.55%
10 Year-43.5%
15 Year127.7%
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)
Technical Indicators
MACD(12,26,9)-0.09
RSI(14)47.43
LBB45.22
UBB50.1
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
49.7245.803.92 (7.88%)12.68%
An entry @49.72. This is a Buy Stop order right above the resistance zone.An exit @45.80. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 3.92 points, which is 7.88%.For a 1.00% total portfolio risk, you can invest 12.68% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SM Daily chart

SM ENERGY CO

NYSE:SM (6/18/2024, 6:00:00 PM)

After market: 47.52 0 (0%)

47.52

+1.25 (+2.7%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.7%
1 Week-1.9%
2 Weeks2.15%
1 Month-3.92%
3 Month-2.42%
6 Month23.08%
12 Month63.36%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.47
ATR(20)%3.02%
ATR Inc
Range Today1.49
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High50.04
10 Day Low45.28
20 Day High50.77
20 Day Low45.28
52 Week High53.26
52 Week Low29.15
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.86M
Volume Incr36.16%
Vol(5)1.75M
Vol(50)1.46M