SPORTSMAN'S WAREHOUSE HOLDIN (SPWH) Stock Technical Analysis
NASDAQ:SPWH - Nasdaq - US84920Y1064 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to SPWH. In the last year, SPWH was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month SPWH has a been trading in the 3.17 - 3.87 range, which is quite wide. It is currently trading near the lows of this range.
SPWH is one of the better performing stocks in the Specialty Retail industry, it outperforms 92% of 123 stocks in the same industry.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the yearly performance of all stocks, we notice that SPWH is one of the better performing stocks in the market, outperforming 94% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
SPWH is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SPWH is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
SPWH has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 3.26, a Stop Loss order could be placed below this zone.
More info and screens
1.84
4.11
3 important support areas can be observed.
- A support zone ranging from 3.21 to 3.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.86 from a trend line in the daily time frame.
- Support @1.86 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 3.45 to 3.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.63 from a trend line in the daily time frame.
- Resistance @3.75 from a horizontal line in the daily time frame.
- Resistance @4.07 from a trend line in the weekly 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 SPWH is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SPWH is down. |
| ChartMill Relative Strength | 94.4 | POSITIVE | SPWH has a high relative strength, it outperformed 94.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SPWH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SPWH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SPWH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.88 | NEUTRAL | The RSI value for SPWH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests SPWH has a negative trend. |
| Stochastics (14,3) | 16.29 | OVERSOLD | The low Stochastics value suggests SPWH may be oversold. |
| Average True Range in percent/ATR (20) | 6.65 | HIGH VOLATILITY | The high ATR as a percentage value for SPWH suggests high volalility. |
| Average Directional Index/ADX (14) | 19.58 | NEGATIVE | The low ADX value for SPWH suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 3.52 | 3.20 | 0.32 (9.09%) | 11.00% |
| An entry @3.52. This is a Buy Stop order right above the resistance zone. | An exit @3.20. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.32 points, which is 9.09%. | For a 1.00% total portfolio risk, you can invest 11.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
3.27
-0.1 (-2.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-2.97%
1 Week-4.11%
2 Weeks-4.94%
1 Month-7.1%
3 Month84.75%
6 Month60.29%
12 Month39.15%
2 Year-32.02%
3 Year-58.92%
5 Year-79.17%
10 Year-74.69%
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%6.65%
ATR Inc-5.95%
Range Today0.11
ADR(20)0.21
ADR(20)%6.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.4
Mansfield3.29
10 Day High3.87
10 Day Low3.17
20 Day High3.87
20 Day Low3.17
52 Week High4.33
52 Week Low0.92
CS1 End3.26
CR1 Start3.45
Volume & EV
DER(3)-1.85%
DER(5)0.37%
Volume187.90K
Volume Incr-15.81%
Vol(5)394.70K
Vol(50)837.73K