SCOTTS MIRACLE-GRO CO (SMG) Stock Technical Analysis
NYSE:SMG - US8101861065 - Common Stock
63.04 USD
+0.37 (+0.59%)
63.04 USD
0 (0%)
We assign a technical rating of 3 out of 10 to SMG. In the last year, SMG was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
81% of all other stocks performed better in the past year than SMG.
In the last month SMG has a been trading in the 57.71 - 64.82 range, which is quite wide. It is currently trading near the high of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
SMG is part of the Chemicals industry. There are 83 other stocks in this industry, SMG did better than 40% of them.
SMG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SMG is lagging the market.
Although the technical rating is bad, SMG does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 61.86, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SMG 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.
More info and screens
52.37
70.78
When analyzing the support we can see 4 important areas.
- A support zone ranging from 60.16 to 61.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 58.44 to 58.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @57.31 from a horizontal line in the daily time frame.
- Support @52.90 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 63.74 to 64.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @66.28 from a trend line in the weekly time frame.
- A resistance zone ranging from 67.85 to 70.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for SMG is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SMG is neutral. |
| ChartMill Relative Strength | 19.13 | NEGATIVE | SMG has a low relative strength, it was outperformed by 80.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SMG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SMG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SMG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.49 | NEUTRAL | The RSI value for SMG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests SMG has a positive trend. |
| Stochastics (14,3) | 53.53 | NEUTRAL | The Stochastics value for SMG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for SMG suggests some volalility. |
| Average Directional Index/ADX (14) | 14.67 | NEGATIVE | The low ADX value for SMG 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)
63.04
+0.37 (+0.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.59%
1 Week2.91%
2 Weeks2.94%
1 Month5.12%
3 Month-5.17%
6 Month1.38%
12 Month-7.05%
2 Year21.98%
3 Year47.46%
5 Year-58.77%
10 Year3.65%
15 Year21.86%
Volatility
ATR(14)1.8
ATR(20)%3.02%
ATR Inc76.51%
Range Today2.59
ADR(20)1.82
ADR(20)%2.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.13
Mansfield-1.41
10 Day High64.82
10 Day Low59.34
20 Day High64.82
20 Day Low57.71
52 Week High93.9
52 Week Low45.61
CS1 End61.86
CR1 Start63.74
Volume & EV
DER(3)4.72%
DER(5)1.94%
Volume899.20K
Volume Incr11.2%
Vol(5)829.92K
Vol(50)801.89K