SMITH & NEPHEW PLC -SPON ADR (SNN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SNN - US83175M2052 - ADR
Taking everything into account, SNN scores 1 out of 10 in our technical rating. SNN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, SNN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
23.53
When analyzing the support we can see 4 important areas.
- A support zone ranging from 32.68 to 32.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @31.98 from a horizontal line in the daily time frame.
- Support @30.34 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 2 important areas.
- Resistance @36.08 from a trend line in the daily time frame.
- A resistance zone ranging from 36.80 to 37.18. 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 | NEUTRAL | NEUTRAL | The long term trend for SNN is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SNN is down. |
| ChartMill Relative Strength | 77.64 | POSITIVE | SNN has a high relative strength, it outperformed 77.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SNN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SNN is below a declining 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) | 39.66 | NEUTRAL | The RSI value for SNN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests SNN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.24 | OVERSOLD | The low Stochastics value suggests SNN may be oversold. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for SNN suggests some volalility. |
| Average Directional Index/ADX (14) | 26.82 | POSITIVE | The high ADX value value for SNN suggests a strong trend. |
32.99
+1 (+3.13%)
SMITH & NEPHEW PLC -SPON ADR / SNN FAQ
Can you provide the ChartMill technical rating for SMITH & NEPHEW PLC -SPON ADR?
ChartMill assigns a technical rating of 1 / 10 to SNN.
What is the current trend direction of SMITH & NEPHEW PLC -SPON ADR (SNN) stock?
The current trend direction for SMITH & NEPHEW PLC -SPON ADR (SNN) is Bearish.
What is the RSI signal for SNN stock?
SMITH & NEPHEW PLC -SPON ADR (SNN) has an RSI value of 39.6589. This indicates that the stock is currently neutral.
What is the MACD signal for SNN stock?
The MACD indicator for SMITH & NEPHEW PLC -SPON ADR (SNN) has a value of -0.151167, indicating a bearish trend.
Can you provide the short term momentum for SMITH & NEPHEW PLC -SPON ADR?
The short term momentum for SMITH & NEPHEW PLC -SPON ADR (SNN) is negative.