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 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. SM was also a bad performer in the overall market in the last year.
78% of all other stocks performed better in the past year than SM.
SM is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 63% of 211 stocks in the same industry do better.
In the last month SM has a been trading in the 24.39 - 29.07 range, which is quite wide. It is currently trading near the high of this range.
SM has an average volume of 2429820 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.
SM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SM is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SM has an average technical rating and it also does not offer a high 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
24.43
46.29
We found 2 important support areas.
- A support zone ranging from 26.50 to 26.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.68 to 25.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 28.53 to 28.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @39.30 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 | 22.3 | NEGATIVE | SM has a low relative strength, it was outperformed by 77.7% 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) | DOWN | NEGATIVE | The current price of SM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.97 | NEUTRAL | The RSI value for SM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests SM has a positive trend. |
| Stochastics (14,3) | 87.13 | OVERBOUGHT | The high Stochastics value suggests SM may be overbought. |
| Average True Range in percent/ATR (20) | 4.33 | MEDIUM VOLATILITY | The ATR as a percentage value for SM suggests some volalility. |
| Average Directional Index/ADX (14) | 22.61 | NEUTRAL | The ADX value for SM suggests a possible start of a new 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)
28.52
+0.14 (+0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.49%
1 Week9.99%
2 Weeks12.11%
1 Month6.42%
3 Month31.61%
6 Month-34.21%
12 Month-36.54%
2 Year-21.41%
3 Year-30.91%
5 Year866.78%
10 Year-23.06%
15 Year-31.14%
Volatility
ATR(14)1.26
ATR(20)%4.33%
ATR Inc4.25%
Range Today0.89
ADR(20)1.21
ADR(20)%4.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.3
Mansfield-2.61
10 Day High29.07
10 Day Low24.45
20 Day High29.07
20 Day Low24.39
52 Week High48.49
52 Week Low19.67
CS1 End26.64
CR1 Start28.53
Volume & EV
DER(3)1.97%
DER(5)2.92%
Volume1.88M
Volume Incr7.77%
Vol(5)2.54M
Vol(50)2.43M