SM ENERGY CO (SM) Technical Analysis
NYSE:SM • US78454L1008
Current stock price
30.04 USD
+2.29 (+8.25%)
At close:
28.99 USD
-1.05 (-3.5%)
Pre-Market:
SM Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to SM. Both in the recent history as in the last year, SM has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- SM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SM is performing more or less in line with the market.
- In the last month SM has a been trading in the 19.25 - 30.31 range, which is quite wide. It is currently trading near the high of this range.
- SM has an average volume of 7497200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that SM is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- SM is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, SM did better than 55% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SM Weekly and Daily overview Charts
SM Setup Rating and Analysis
Although SM has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
SM Support and Resistance Analysis
17.67
30.34
When analyzing the support we can see 2 important areas.
- Support @22.81 from a trend line in the daily time frame.
- Support @17.85 from a horizontal line in the daily time frame.
SM Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for SM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SM is up. |
| ChartMill Relative Strength | 88.27 | POSITIVE | SM has a high relative strength, it outperformed 88.27% 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) | UP | POSITIVE | The current price of SM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 80.01 | OVERBOUGHT | The high RSI value suggests SM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests SM has a positive trend. |
| Stochastics (14,3) | 94.25 | OVERBOUGHT | The high Stochastics value suggests SM may be overbought. |
| Average True Range in percent/ATR (20) | 4.47 | MEDIUM VOLATILITY | The ATR as a percentage value for SM suggests some volalility. |
| Average Directional Index/ADX (14) | 28.73 | POSITIVE | The high ADX value value for SM suggests a strong trend. |
SM Chart- and CandleStick Pattern Analysis
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)
SM Technicals: Chart, Performance Metrics, Trend & Indicators
30.04
+2.29 (+8.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg8.25%
1 Week12.13%
2 Weeks15.67%
1 Month26.97%
3 Month60.81%
6 Month17.07%
12 Month-2.05%
2 Year-39.74%
3 Year6.68%
5 Year83.51%
10 Year60.3%
15 Year-59.51%
Volatility
ATR(14)1.23
ATR(20)%4.47%
ATR Inc42.08%
Range Today2.01
ADR(20)1.22
ADR(20)%4.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.27
3 months CRS97.92
6 months CRS86.95
Mansfield2.49
10 Day High30.31
10 Day Low24.46
20 Day High30.31
20 Day Low19.25
52 Week High32.26
52 Week Low17.45
CS1 End22.81
CR1 StartN/A
Volume & EV
DER(3)1.64%
DER(5)1.09%
Volume13.65M
Volume Incr-17.81%
Vol(5)6.84M
Vol(50)7.50M
SM ENERGY CO / SM TA FAQ
Can you provide the ChartMill technical rating for SM ENERGY CO?
ChartMill assigns a technical rating of 9 / 10 to SM.
What is the trend direction for SM stock?
The current trend direction for SM ENERGY CO (SM) is Bullish.
What is the RSI signal for SM ENERGY CO (SM) stock?
SM ENERGY CO (SM) has an RSI value of 80.0148. This indicates that the stock is currently overbought.
Can you provide the short term momentum for SM ENERGY CO?
The short term momentum for SM ENERGY CO (SM) is positive.
What is the buy/sell signal for SM ENERGY CO (SM) stock?
The buy/sell signal for SM ENERGY CO (SM) is buy as both the short term and long term trends are positive.