USA - NYSE:SMG - US8101861065 - Common Stock
We assign a technical rating of 0 out of 10 to SMG. 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.
Although the technical rating is bad, SMG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
53.65
When analyzing the support we notice one important area.
We can see 5 important resistance areas.
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 | 8.58 | NEGATIVE | SMG has a low relative strength, it was outperformed by 91.42% 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) | 42.39 | NEUTRAL | The RSI value for SMG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests SMG has a positive trend. |
| Stochastics (14,3) | 31.27 | NEUTRAL | The Stochastics value for SMG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.6 | MEDIUM VOLATILITY | The ATR as a percentage value for SMG suggests some volalility. |
| Average Directional Index/ADX (14) | 15.96 | NEGATIVE | The low ADX value for SMG suggests a weak or negative trend. |
55.49
+0.09 (+0.16%)
ChartMill assigns a technical rating of 0 / 10 to SMG.
The current trend direction for SCOTTS MIRACLE-GRO CO (SMG) is Bearish.
SCOTTS MIRACLE-GRO CO (SMG) has an RSI value of 42.3938. This indicates that the stock is currently neutral.
The short term momentum for SCOTTS MIRACLE-GRO CO (SMG) is negative.
The buy/sell signal for SCOTTS MIRACLE-GRO CO (SMG) is sell as both the short term and long term trends are negative.