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 2 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.
70% 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 149.79 - 167.21 range, which is quite wide. It is currently trading near the lows of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
SSD is part of the Building Products industry. There are 42 other stocks in this industry, SSD did better than 56% of them.
The technical rating of SSD is bad and it also does not present a quality setup 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
145.92
171.70
We found 2 important support areas.
- A support zone ranging from 154.39 to 154.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 147.39 to 148.62. 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 161.32 to 166.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @170.00 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 | NEUTRAL | NEUTRAL | The long term trend for SSD is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SSD is neutral. |
| ChartMill Relative Strength | 30.63 | NEUTRAL | SSD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SSD is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SSD is above a declining 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) | 46.73 | NEUTRAL | The RSI value for SSD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests SSD has a negative trend. |
| Stochastics (14,3) | 37.06 | NEUTRAL | The Stochastics value for SSD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for SSD suggests some volalility. |
| Average Directional Index/ADX (14) | 17.6 | 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)
155.49
+0.47 (+0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg0.3%
1 Week-4.69%
2 Weeks-0.99%
1 Month0.69%
3 Month-7.94%
6 Month-15.85%
12 Month-10.13%
2 Year31.56%
3 Year43.51%
5 Year94.22%
10 Year358.4%
15 Year432.14%
Volatility
ATR(14)4.06
ATR(20)%2.69%
ATR Inc60.95%
Range Today5.2
ADR(20)3.82
ADR(20)%2.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.63
Mansfield-1.16
10 Day High167.21
10 Day Low151.42
20 Day High167.21
20 Day Low149.79
52 Week High197.82
52 Week Low137.35
CS1 End154.88
CR1 Start161.32
Volume & EV
DER(3)-0.49%
DER(5)-1.34%
Volume305.80K
Volume Incr16.64%
Vol(5)263.80K
Vol(50)271.38K