SM ENERGY CO (SM) Stock Technical Analysis
NYSE:SM - US78454L1008 - Common Stock
27.78 USD
+1.86 (+7.18%)
27.78 USD
0 (0%)
We assign a technical rating of 2 out of 10 to SM. 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
85% of all other stocks performed better in the past year than SM.
SM is part of the Oil, Gas & Consumable Fuels industry. There are 208 other stocks in this industry, of which 73% are performing better than SM.
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.
SM has an average volume of 2187550 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 25.04 - 29.21 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 poor technical rating and the quality of the setup is also not perfect 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
25.25
38.46
2 important support areas can be observed.
- A support zone ranging from 26.19 to 26.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.51 to 25.71. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 28.25 to 28.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @38.08 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 | NEUTRAL | NEUTRAL | The short term trend for SM is neutral. |
| ChartMill Relative Strength | 15.7 | NEGATIVE | SM has a low relative strength, it was outperformed by 84.3% 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) | 57.79 | NEUTRAL | The RSI value for SM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 42.64 | NEUTRAL | The Stochastics value for SM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.46 | MEDIUM VOLATILITY | The ATR as a percentage value for SM suggests some volalility. |
| Average Directional Index/ADX (14) | 16.52 | 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)
27.78
+1.86 (+7.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg7.18%
1 Week6.07%
2 Weeks5.87%
1 Month0.76%
3 Month19.9%
6 Month-19.13%
12 Month-39.36%
2 Year-34.34%
3 Year-36.96%
5 Year1043.21%
10 Year-24.31%
15 Year-26.88%
Volatility
ATR(14)1.15
ATR(20)%4.46%
ATR Inc19.83%
Range Today1.95
ADR(20)1.21
ADR(20)%4.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.7
Mansfield-2.49
10 Day High27.91
10 Day Low25.04
20 Day High29.21
20 Day Low25.04
52 Week High47.69
52 Week Low19.67
CS1 End26.83
CR1 Start28.25
Volume & EV
DER(3)-2.05%
DER(5)-2.66%
Volume2.25M
Volume Incr-13.85%
Vol(5)1.77M
Vol(50)2.19M