FR0000121220 - Common Stock
Taking everything into account, SW scores 6 out of 10 in our technical rating. Although SW has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
80.72
Although the technical rating is only medium, SW does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 87.87. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 87.37, a Stop Loss order could be placed below this zone.
Given the decent technical rating and the setup score, we can suggest the following trade.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
88.89 | 85.89 | 3.00 (3.37%) | 25.00% |
An entry @88.89. This is a Buy Stop order right above the resistance zone. | An exit @85.89. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.00 points, which is 3.37%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.84%. |
EPA:SW (3/29/2023, 7:00:00 PM)+0.3 (+0.34%)
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