Sierra Wireless Inc (SW.CA) Stock Technical Analysis
Canada - TSX:SW - CA8265161064 - Common Stock
Taking everything into account, SW scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SW is showing a nice and steady performance.
Although SW has an excellent technical rating, the quality of the presented setup is not ideal 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
17.48
When analyzing the support we can see 3 important areas.
- A support zone ranging from 39.42 to 40.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 37.92 to 38.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.66 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 42.29 to 42.75. 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 | UP | POSITIVE | The long term trend for SW.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SW.CA is up. |
| ChartMill Relative Strength | 96.33 | POSITIVE | SW.CA has a high relative strength, it outperformed 96.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SW.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SW.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SW.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.63 | NEUTRAL | The RSI value for SW.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests SW.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.07 | NEUTRAL | The Stochastics value for SW.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.09 | LOW VOLATILITY | The low ATR as a percentage value for SW.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 26.33 | POSITIVE | The high ADX value value for SW.CA suggests a strong trend. |
TSX:SW (1/16/2023, 7:00:00 PM)
40.99
-0.33 (-0.8%)
Sierra Wireless Inc / SW.CA FAQ
Can you provide the ChartMill technical rating for Sierra Wireless Inc?
ChartMill assigns a technical rating of 10 / 10 to SW.CA.
What is the current trend direction of Sierra Wireless Inc (SW.CA) stock?
The current trend direction for Sierra Wireless Inc (SW.CA) is Bullish.
What is the RSI signal for Sierra Wireless Inc (SW.CA) stock?
Sierra Wireless Inc (SW.CA) has an RSI value of 60.6318. This indicates that the stock is currently neutral.
What is the short term momentum for SW stock?
The short term momentum for Sierra Wireless Inc (SW.CA) is positive.
What is the support and resistance level for SW stock?
Sierra Wireless Inc (SW.CA) has a support level at 40.13 and a resistance level at 42.29. Check the full technical report for our detailed analysis of SW.CA support and resistance levels.