SCOTTS MIRACLE-GRO CO (SMG) Stock Technical Analysis
USA - NYSE:SMG - US8101861065 - Common Stock
54.52 USD
+0.18 (+0.33%)
55.14 USD
+0.62 (+1.14%)
Taking everything into account, SMG scores 0 out of 10 in our technical rating. SMG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, SMG is a bad performer in the overall market: 93% of all stocks are doing better.
SMG is part of the Chemicals industry. There are 83 other stocks in this industry, of which 78% are performing better than SMG.
SMG 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.
In the last month SMG has a been trading in the 53.42 - 59.25 range, which is quite wide. It is currently trading near the lows of this range.
Although the technical rating is bad, SMG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
53.97
67.89
We can see 4 important resistance areas.
- A resistance zone ranging from 55.97 to 57.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 58.44 to 59.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @62.65 from a trend line in the weekly time frame.
- A resistance zone ranging from 66.21 to 67.22. 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 | DOWN | NEGATIVE | The long term trend for SMG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SMG is down. |
| ChartMill Relative Strength | 7.96 | NEGATIVE | SMG has a low relative strength, it was outperformed by 92.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SMG is below a declining 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) | 36.16 | NEUTRAL | The RSI value for SMG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests SMG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.7 | OVERSOLD | The low Stochastics value suggests SMG may be oversold. |
| Average True Range in percent/ATR (20) | 2.77 | MEDIUM VOLATILITY | The ATR as a percentage value for SMG suggests some volalility. |
| Average Directional Index/ADX (14) | 15.89 | 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)
54.52
+0.18 (+0.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.33%
1 Week-1.66%
2 Weeks-4.98%
1 Month-6.69%
3 Month-21.43%
6 Month2.71%
12 Month-37.15%
2 Year22.68%
3 Year18.75%
5 Year-63.67%
10 Year-17.59%
15 Year2.1%
Volatility
ATR(14)1.52
ATR(20)%2.77%
ATR Inc-40.44%
Range Today1.01
ADR(20)1.51
ADR(20)%2.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.96
Mansfield-2.31
10 Day High59.25
10 Day Low53.43
20 Day High59.25
20 Day Low53.43
52 Week High93.9
52 Week Low45.61
CS1 EndN/A
CR1 Start55.97
Volume & EV
DER(3)1.7%
DER(5)2.39%
Volume317.20K
Volume Incr-29.56%
Vol(5)499.36K
Vol(50)684.14K