SIMILARWEB LTD (SMWB) Stock Technical Analysis
NYSE:SMWB - New York Stock Exchange, Inc. - IL0011751653 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to SMWB. SMWB 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.
82% of all other stocks performed better in the past year than SMWB.
SMWB is part of the Software industry. There are 283 other stocks in this industry, of which 64% are performing better than SMWB.
SMWB is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month SMWB has a been trading in the 6.47 - 7.86 range, which is quite wide. It is currently trading near the high of this range.
Although the technical rating is bad, SMWB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 7.75. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.54, a Stop Loss order could be placed below this zone.
More info and screens
6.47
7.83
3 important support areas can be observed.
- A support zone ranging from 7.43 to 7.54. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 6.84 to 6.93. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 6.54 to 6.63. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 7.75 to 7.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.72
Mansfield-2.01
10 Day High7.81
10 Day Low7.29
20 Day High7.86
20 Day Low6.47
52 Week High17.64
52 Week Low5.71
Performance
1 Week0.26%
2 Weeks-1.16%
1 Month11.52%
3 Month-55.21%
6 Month-23.12%
12 Month8.82%
2 Year14.52%
3 Year-14.33%
5 YearN/A
10 YearN/A
15 YearN/A
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)0.12
RSI(14)49.8
LBB6.99
UBB7.96
7.65
+0.21 (+2.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg2.82%
1 Week0.26%
2 Weeks-1.16%
1 Month11.52%
3 Month-55.21%
6 Month-23.12%
12 Month8.82%
2 Year14.52%
3 Year-14.33%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%4.15%
ATR Inc-9.95%
Range Today0.28
ADR(20)0.3
ADR(20)%3.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.72
Mansfield-2.01
10 Day High7.81
10 Day Low7.29
20 Day High7.86
20 Day Low6.47
52 Week High17.64
52 Week Low5.71
CS1 End7.54
CR1 Start7.75
Volume & EV
DER(3)-0.98%
DER(5)-0.8%
Volume461.00K
Volume Incr5.68%
Vol(5)395.30K
Vol(50)393.81K