Sierra Wireless Inc (SW.CA) Technical Analysis
TSX:SW • CA8265161064
Current stock price
SW.CA Technical Rating and Analysis
Taking everything into account, SW scores 10 out of 10 in our technical rating. 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. We also observe that the gains produced by SW over the past year are nicely spread over this period.
- SW is part of the Communications Equipment industry. There are 13 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 however is also trading near new highs, which makes the performance in line with 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.CA Weekly and Daily overview Charts
SW.CA Setup Rating and Analysis
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
SW.CA Support and Resistance Analysis
17.48
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.
SW.CA Technical Indicator Signal Analysis
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. |
SW.CA Chart- and CandleStick Pattern Analysis
SW.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:SW (1/16/2023, 7:00:00 PM)
40.99
-0.33 (-0.8%)
Sierra Wireless Inc / SW.CA TA 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 trend direction for SW stock?
The current trend direction for Sierra Wireless Inc (SW.CA) is Bullish.
Can you provide the RSI signal for Sierra Wireless Inc?
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 Sierra Wireless Inc (SW.CA) stock?
The short term momentum for Sierra Wireless Inc (SW.CA) is positive.
Can you provide the buy/sell signal for Sierra Wireless Inc?
The buy/sell signal for Sierra Wireless Inc (SW.CA) is buy as both the short term and long term trends are positive.