SIMPSON MANUFACTURING CO INC (SSD) Stock Technical Analysis
NYSE:SSD - New York Stock Exchange, Inc. - US8290731053 - Common Stock - Currency: USD
Taking everything into account, SSD scores 1 out of 10 in our technical rating. SSD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
73% of all other stocks performed better in the past year than SSD.
SSD is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SSD is lagging the market.
In the last month SSD has a been trading in the 151.38 - 162.78 range, which is quite wide. It is currently trading near the lows of this range.
SSD is an average performer in the Building Products industry, it outperforms 55% of 41 stocks in the same industry.
Although the technical rating is bad, SSD does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 149.59, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
145.92
169.03
We found 1 important support area.
- A support zone ranging from 147.39 to 149.59. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 153.43 to 158.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 163.93 to 167.36. 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 | DOWN | NEGATIVE | The long term trend for SSD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SSD is down. |
| ChartMill Relative Strength | 27.24 | NEGATIVE | SSD has a low relative strength, it was outperformed by 72.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SSD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SSD is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SSD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.15 | NEUTRAL | The RSI value for SSD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.7 | NEGATIVE | The MACD value suggests SSD has a negative trend. |
| Stochastics (14,3) | 16.37 | OVERSOLD | The low Stochastics value suggests SSD may be oversold. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for SSD suggests some volalility. |
| Average Directional Index/ADX (14) | 11.05 | NEGATIVE | The low ADX value for SSD 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)
152.64
+0.71 (+0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg0.47%
1 Week-2.7%
2 Weeks-4.01%
1 Month-5.7%
3 Month-1.81%
6 Month-9.26%
12 Month-11.06%
2 Year10.21%
3 Year51.71%
5 Year80.94%
10 Year348.94%
15 Year521.75%
Volatility
ATR(14)3.47
ATR(20)%2.48%
ATR Inc20.05%
Range Today4.07
ADR(20)3.63
ADR(20)%2.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.24
Mansfield-1.43
10 Day High162.78
10 Day Low151.38
20 Day High162.78
20 Day Low151.38
52 Week High197.82
52 Week Low137.35
CS1 End149.59
CR1 Start153.43
Volume & EV
DER(3)-0.16%
DER(5)-0.08%
Volume491.00K
Volume Incr29.21%
Vol(5)339.98K
Vol(50)256.94K