SMURFIT WESTROCK PLC (SW) Stock Technical Analysis
USA - NYSE:SW - IE00028FXN24 - Common Stock
42.51 USD
+0.28 (+0.66%)
42.65 USD
+0.14 (+0.33%)
Overall SW gets a technical rating of 0 out of 10. SW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, SW is a bad performer in the overall market: 81% of all stocks are doing better.
SW is one of the lesser performing stocks in the Containers & Packaging industry. 61% of 22 stocks in the same industry do better.
SW is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month SW has a been trading in the 40.03 - 44.41 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
SW has an average volume of 4407090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, SW does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 40.50, a Stop Loss order could be placed below this zone.
More info and screens
39.16
49.35
When analyzing the support we can see 2 important areas.
- A support zone ranging from 40.44 to 40.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @39.56 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 45.27 to 45.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @48.03 from a horizontal line in the daily time frame.
- A resistance zone ranging from 48.86 to 48.86. 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 | DOWN | NEGATIVE | The long term trend for SW is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SW is neutral. |
| ChartMill Relative Strength | 19.13 | NEGATIVE | SW has a low relative strength, it was outperformed by 80.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SW is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.53 | NEUTRAL | The RSI value for SW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests SW has a positive trend. |
| Stochastics (14,3) | 57.69 | NEUTRAL | The Stochastics value for SW is a neutral value. |
| Average True Range in percent/ATR (20) | 2.92 | MEDIUM VOLATILITY | The ATR as a percentage value for SW suggests some volalility. |
| Average Directional Index/ADX (14) | 13.39 | NEGATIVE | The low ADX value for SW 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)
42.51
+0.28 (+0.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg0.66%
1 Week0.66%
2 Weeks3.23%
1 Month-2.97%
3 Month-12.98%
6 Month0.66%
12 Month-7.26%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.36
ATR(20)%2.92%
ATR Inc-34.31%
Range Today0.88
ADR(20)1.15
ADR(20)%2.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.13
Mansfield-1.92
10 Day High43.52
10 Day Low40.42
20 Day High44.41
20 Day Low40.03
52 Week High56.99
52 Week Low37.01
CS1 End40.5
CR1 Start45.27
Volume & EV
DER(3)0.93%
DER(5)1.6%
Volume4.29M
Volume Incr-28.41%
Vol(5)3.68M
Vol(50)4.41M