Sierra Wireless Inc (SW.CA) Stock Technical Analysis
TSX:SW - Toronto Stock Exchange - CA8265161064 - Common Stock - Currency: CAD
We assign a technical rating of 10 out of 10 to SW. Both in the recent history as in the last year, SW has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that SW is one of the better performing stocks in the market, outperforming 96% of all stocks. On top of that, SW also shows a nice and consistent pattern of rising prices.
SW is part of the Communications Equipment industry. There are 12 other stocks in this industry. SW outperforms 100% of them.
SW is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SW is leading the market.
In the last month SW has a been trading in the 38.92 - 42.02 range, which is quite wide. It is currently trading near the high of this range.
SW has an excellent technical rating, but the quality of the setup is only medium 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
43.18
3 important support areas can be observed.
- 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.
We found 1 important resistance 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. |
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)
TSX:SW (1/16/2023, 7:00:00 PM)
40.99
-0.33 (-0.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-0.8%
1 Week-1.25%
2 Weeks4.51%
1 Month3.59%
3 Month1.79%
6 Month31.84%
12 Month124.23%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%1.09%
ATR Inc-50.11%
Range Today0.33
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.33
Mansfield2.68
10 Day High42.02
10 Day Low38.92
20 Day High42.02
20 Day Low38.92
52 Week High42.74
52 Week Low17.17
CS1 End40.13
CR1 Start42.29
Volume & EV
DER(3)2.58%
DER(5)1.38%
Volume4.36K
Volume Incr28.39%
Vol(5)38.73K
Vol(50)39.08K