SIMILARWEB LTD (SMWB) Stock Technical Analysis
NYSE:SMWB - New York Stock Exchange, Inc. - IL0011751653 - Common Stock - Currency: USD
Taking everything into account, SMWB scores 4 out of 10 in our technical rating. In the past year, SMWB was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
SMWB 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.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month SMWB has a been trading in the 6.85 - 9.26 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, SMWB outperforms 64% of them, which is more or less in line with the market.
SMWB is an average performer in the Software industry, it outperforms 67% of 283 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SMWB has an average technical rating and it also does not offer a high quality setup 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
6.83
9.39
3 important support areas can be observed.
- A support zone ranging from 8.16 to 8.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.19 from a trend line in the weekly time frame.
- Support @6.90 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @8.85 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 9.20 to 9.30. This zone is formed by a combination of multiple trend lines in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for SMWB is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SMWB is up. |
| ChartMill Relative Strength | 64.03 | NEUTRAL | SMWB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SMWB is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SMWB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SMWB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.02 | NEUTRAL | The RSI value for SMWB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests SMWB has a positive trend. |
| Stochastics (14,3) | 84.09 | OVERBOUGHT | The high Stochastics value suggests SMWB may be overbought. |
| Average True Range in percent/ATR (20) | 5.4 | HIGH VOLATILITY | The high ATR as a percentage value for SMWB suggests high volalility. |
| Average Directional Index/ADX (14) | 24.82 | NEUTRAL | The ADX value for SMWB suggests a possible start of a new 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)
8.74
-0.02 (-0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.23%
1 Week23.1%
2 Weeks18.59%
1 Month-2.67%
3 Month16.22%
6 Month-8.19%
12 Month0.46%
2 Year27.78%
3 Year13.21%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%5.4%
ATR Inc-11.7%
Range Today0.35
ADR(20)0.43
ADR(20)%4.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.03
Mansfield-1.83
10 Day High8.98
10 Day Low6.85
20 Day High9.26
20 Day Low6.85
52 Week High17.64
52 Week Low6.36
CS1 End8.19
CR1 Start8.85
Volume & EV
DER(3)6.76%
DER(5)4.64%
Volume509.90K
Volume Incr45.65%
Vol(5)669.78K
Vol(50)517.11K