SMITH & NEPHEW PLC -SPON ADR (SNN) Stock Technical Analysis
NYSE:SNN - New York Stock Exchange, Inc. - US83175M2052 - ADR - Currency: USD
Taking everything into account, SNN scores 8 out of 10 in our technical rating. Although SNN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
SNN is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry. SNN outperforms 70% of them.
SNN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SNN is lagging the market slightly.
When compared to the yearly performance of all other stocks, SNN outperforms 62% of them, which is more or less in line with the market.
In the last month SNN has a been trading in the 28.40 - 31.43 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although SNN has an excellent technical rating, the quality of the presented setup is not ideal 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
31.96
When analyzing the support we can see 6 important areas.
- A support zone ranging from 29.09 to 29.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.75 to 28.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 25.85 to 26.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.90 from a trend line in the weekly time frame.
- Support @24.29 from a horizontal line in the daily time frame.
- Support @23.77 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 31.14 to 31.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 62.43 | NEUTRAL | SNN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SNN is above 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) | DOWN | MIXED | The current price of SNN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.96 | NEUTRAL | The RSI value for SNN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SNN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.92 | NEUTRAL | The Stochastics value for SNN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.84 | LOW VOLATILITY | The low ATR as a percentage value for SNN suggests low volalility. |
| Average Directional Index/ADX (14) | 20.51 | NEUTRAL | The ADX value for SNN 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)
30.28
-0.79 (-2.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-2.54%
1 Week0%
2 Weeks0.23%
1 Month0.5%
3 Month17.14%
6 Month26.43%
12 Month6.62%
2 Year-0.33%
3 Year17.14%
5 Year-23.94%
10 Year-18.18%
15 Year73.54%
Volatility
ATR(14)0.55
ATR(20)%1.84%
ATR Inc77.33%
Range Today0.38
ADR(20)0.44
ADR(20)%1.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.43
Mansfield0.05
10 Day High31.43
10 Day Low29.5
20 Day High31.43
20 Day Low28.4
52 Week High31.72
52 Week Low23.69
CS1 End29.88
CR1 Start31.14
Volume & EV
DER(3)-0.55%
DER(5)-0.77%
Volume1.29M
Volume Incr125.67%
Vol(5)2.07M
Vol(50)904.31K