SMITH & NEPHEW PLC -SPON ADR (SNN) Technical Analysis
NYSE:SNN • US83175M2052
Current stock price
SNN Technical Rating and Analysis
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.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- SNN is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- SNN is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry. SNN outperforms 77% of them.
- When compared to the yearly performance of all other stocks, SNN outperforms 63% of them, which is more or less in line with the market.
- SNN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SNN is lagging the market.
SNN Weekly and Daily overview Charts
SNN Setup Rating and Analysis
SNN has a poor technical rating and the quality of the setup is also not perfect 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
SNN Support and Resistance Analysis
31.26
We found 1 important support area.
- A support zone ranging from 31.58 to 32.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 36.47 to 36.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
SNN Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for SNN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SNN is neutral. |
| ChartMill Relative Strength | 63.68 | NEUTRAL | SNN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SNN is above 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 | MIXED | The current price of SNN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.55 | NEUTRAL | The RSI value for SNN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests SNN has a positive trend. |
| Stochastics (14,3) | 69.43 | NEUTRAL | The Stochastics value for SNN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for SNN suggests low volalility. |
| Average Directional Index/ADX (14) | 25.63 | POSITIVE | The high ADX value value for SNN suggests a strong trend. |
SNN Chart- and CandleStick Pattern Analysis
SNN Technicals: Chart, Performance Metrics, Trend & Indicators
33.48
+0.35 (+1.06%)
SMITH & NEPHEW PLC -SPON ADR / SNN TA FAQ
Can you provide the ChartMill technical rating for SMITH & NEPHEW PLC -SPON ADR?
ChartMill assigns a technical rating of 1 / 10 to SNN.
Can you provide the trend direction for SMITH & NEPHEW PLC -SPON ADR?
The current trend direction for SMITH & NEPHEW PLC -SPON ADR (SNN) is Bearish.
What is the RSI signal for SMITH & NEPHEW PLC -SPON ADR (SNN) stock?
SMITH & NEPHEW PLC -SPON ADR (SNN) has an RSI value of 51.5488. This indicates that the stock is currently neutral.
What is the short term momentum for SMITH & NEPHEW PLC -SPON ADR (SNN) stock?
The short term momentum for SMITH & NEPHEW PLC -SPON ADR (SNN) is neutral.