SMURFIT WESTROCK PLC (SW) Technical Analysis
NYSE:SW • IE00028FXN24
Overall SW gets a technical rating of 4 out of 10. SW has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month SW has a been trading in the 42.50 - 52.65 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- SW has an average volume of 5998750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When comparing the performance of all stocks over the past year, SW turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
- SW is part of the Containers & Packaging industry. There are 22 other stocks in this industry, SW did better than 52% of them.
- SW is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SW is lagging the market slightly.
SW has an average technical rating and it also does not offer a high quality setup 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
42.42
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 47.02 to 47.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @51.32 from a trend line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for SW is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SW is down. |
| ChartMill Relative Strength | 57.5 | NEUTRAL | SW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SW is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SW is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.38 | NEUTRAL | The RSI value for SW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.78 | NEGATIVE | The MACD value suggests SW has a negative trend. |
| Stochastics (14,3) | 7.58 | OVERSOLD | The low Stochastics value suggests SW may be oversold. |
| Average True Range in percent/ATR (20) | 4.85 | MEDIUM VOLATILITY | The ATR as a percentage value for SW suggests some volalility. |
| Average Directional Index/ADX (14) | 22.96 | NEUTRAL | The ADX value for SW suggests a possible start of a new trend. |
SW Technicals: Chart, Performance Metrics, Trend & Indicators
42.85
-1.74 (-3.9%)
SMURFIT WESTROCK PLC / SW FAQ
Can you provide the ChartMill technical rating for SMURFIT WESTROCK PLC?
ChartMill assigns a technical rating of 4 / 10 to SW.
What is the trend direction for SW stock?
The current trend direction for SMURFIT WESTROCK PLC (SW) is Bearish.
What is the RSI signal for SMURFIT WESTROCK PLC (SW) stock?
SMURFIT WESTROCK PLC (SW) has an RSI value of 39.3826. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for SMURFIT WESTROCK PLC?
SMURFIT WESTROCK PLC (SW) has a resistance level at 47.02. Check the full technical report for our detailed analysis of SW support and resistance levels.