SCOTTS MIRACLE-GRO CO (SMG)

US8101861065 - Common Stock

68.35  -0.23 (-0.34%)

Technical Rating and Analysis

6

Overall SMG gets a technical rating of 6 out of 10. SMG has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

In the last month SMG has a been trading in the 65.96 - 77.95 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
SMG is one of the better performing stocks in the Chemicals industry, it outperforms 70% of 85 stocks in the same industry.
SMG 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 SMG is performing more or less in line with the market.
When comparing the yearly performance of all stocks, we notice that SMG is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
SMG Weekly chart
SMG Daily chart
Setup Rating and Analysis

5

SMG has an average technical rating and also the quality of the setup is only medium 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.

Support and Resistance Analysis

46.40

76.82

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 66.74 to 67.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @63.69 from a trend line in the weekly time frame.
  • Support @60.98 from a trend line in the daily time frame.
  • Support @58.13 from a trend line in the daily time frame.
  • Support @46.87 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 74.39 to 76.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.83
Mansfield0.35
10 Day High74.34
10 Day Low65.96
20 Day High77.95
20 Day Low65.96
52 Week High77.95
52 Week Low43.67
Performance
1 Week1.14%
2 Weeks-9.83%
1 Month-5.5%
3 Month18.63%
6 Month52.4%
12 Month2.65%
2 Year-34.01%
3 Year-70.33%
5 Year-19.34%
10 Year12.04%
15 Year103.08%
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)
Technical Indicators
MACD(12,26,9)-0.89
RSI(14)47.29
LBB64.35
UBB76.93
SMG Daily chart

SCOTTS MIRACLE-GRO CO

NYSE:SMG (4/24/2024, 1:48:50 PM)

68.35

-0.23 (-0.34%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-0.34%
1 Week1.14%
2 Weeks-9.83%
1 Month-5.5%
3 Month18.63%
6 Month52.4%
12 Month2.65%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.31
ATR(20)%3.36%
ATR Inc
Range Today0.77
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High74.34
10 Day Low65.96
20 Day High77.95
20 Day Low65.96
52 Week High77.95
52 Week Low43.67
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume240.57K
Volume Incr-28.34%
Vol(5)471.02K
Vol(50)759.73K