SMITH & NEPHEW PLC -SPON ADR (SNN) Stock Technical Analysis
USA - NYSE:SNN - US83175M2052 - ADR
37.39 USD
+0.01 (+0.03%)
37.39 USD
0 (0%)
Overall SNN gets a technical rating of 9 out of 10. Both in the recent history as in the last year, SNN has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
SNN is part of the Health Care Equipment & Supplies industry. There are 191 other stocks in this industry. SNN outperforms 84% of them.
SNN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month SNN has a been trading in the 36.24 - 38.79 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the yearly performance of all stocks, we notice that SNN is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Although SNN has an excellent technical rating, it does not present a decent entry opportunity 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
23.53
39.10
When analyzing the support we can see 6 important areas.
- A support zone ranging from 36.89 to 37.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @32.17 from a trend line in the daily time frame.
- A support zone ranging from 30.34 to 30.76. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @29.21 from a trend line in the weekly time frame.
- Support @25.27 from a trend line in the weekly time frame.
- Support @23.77 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 37.51 to 38.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @38.71 from a horizontal line 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 | UP | POSITIVE | The long term trend for SNN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SNN is up. |
| ChartMill Relative Strength | 83.15 | POSITIVE | SNN has a high relative strength, it outperformed 83.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SNN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SNN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SNN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.17 | NEUTRAL | The RSI value for SNN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests SNN has a negative trend. |
| Stochastics (14,3) | 60.47 | NEUTRAL | The Stochastics value for SNN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.43 | LOW VOLATILITY | The low ATR as a percentage value for SNN suggests low volalility. |
| Average Directional Index/ADX (14) | 39.37 | POSITIVE | The high ADX value value for SNN suggests a strong 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)
37.39
+0.01 (+0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.03%
1 Week-2.66%
2 Weeks-0.19%
1 Month3.26%
3 Month29.66%
6 Month32.88%
12 Month22.28%
2 Year50.91%
3 Year60.98%
5 Year-4.4%
10 Year6.8%
15 Year105.84%
Volatility
ATR(14)0.53
ATR(20)%1.43%
ATR Inc52.35%
Range Today0.27
ADR(20)0.4
ADR(20)%1.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.15
Mansfield1.71
10 Day High38.79
10 Day Low36.53
20 Day High38.79
20 Day Low36.24
52 Week High38.79
52 Week Low23.69
CS1 End37.37
CR1 Start37.51
Volume & EV
DER(3)0.07%
DER(5)-1.28%
Volume833.54K
Volume Incr40.32%
Vol(5)867.34K
Vol(50)970.02K