SMITH & NEPHEW PLC -SPON ADR (SNN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SNN - US83175M2052 - ADR
Taking everything into account, SNN scores 5 out of 10 in our technical rating. Although SNN is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
SNN has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 32.69, a Stop Loss order could be placed below this zone.
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23.53
When analyzing the support we can see 2 important areas.
- A support zone ranging from 31.98 to 32.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.77 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @34.80 from a trend line in the daily time frame.
- Resistance @35.39 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The short term trend for SNN is neutral. |
| ChartMill Relative Strength | 78.27 | POSITIVE | SNN has a high relative strength, it outperformed 78.27% 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) | 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) | 46 | NEUTRAL | The RSI value for SNN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests SNN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.46 | NEUTRAL | The Stochastics value for SNN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.51 | LOW VOLATILITY | The low ATR as a percentage value for SNN suggests low volalility. |
| Average Directional Index/ADX (14) | 13.45 | NEGATIVE | The low ADX value for SNN suggests a weak or negative trend. |
32.81
-0.27 (-0.82%)
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 5 / 10 to SNN.
What is the trend direction for 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 45.995. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for SMITH & NEPHEW PLC -SPON ADR?
SMITH & NEPHEW PLC -SPON ADR (SNN) has a support level at 32.69 and a resistance level at 34.8. Check the full technical report for our detailed analysis of SNN support and resistance levels.