SMURFIT WESTROCK PLC (SW) Stock Technical Analysis
NYSE:SW - New York Stock Exchange, Inc. - IE00028FXN24 - Common Stock - Currency: USD
Taking everything into account, SW scores 6 out of 10 in our technical rating. SW has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
SW is one of the lesser performing stocks in the Containers & Packaging industry. 71% of 22 stocks in the same industry do better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month SW has a been trading in the 41.65 - 48.24 range, which is quite wide. It is currently trading near the high of this range.
SW has an average volume of 3510950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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 48% of all stocks.
SW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SW is lagging the market.
SW has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
40.38
48.52
We found 3 important support areas.
- A support zone ranging from 44.12 to 46.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @41.97 from a horizontal line in the daily time frame.
- Support @40.79 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 48.04 to 48.04. 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 | NEUTRAL | NEUTRAL | The long term trend for SW is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SW is up. |
| ChartMill Relative Strength | 48.93 | NEUTRAL | SW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SW is above the rising 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) | 61.68 | NEUTRAL | The RSI value for SW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests SW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 55.59 | NEUTRAL | The Stochastics value for SW is a neutral value. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for SW suggests some volalility. |
| Average Directional Index/ADX (14) | 14.45 | 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)
47.81
+1.57 (+3.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg3.4%
1 Week4.23%
2 Weeks1.21%
1 Month9.91%
3 Month13.21%
6 Month-14.66%
12 Month-2.05%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.24
ATR(20)%2.7%
ATR Inc43.66%
Range Today1.36
ADR(20)1.12
ADR(20)%2.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.93
Mansfield-0.76
10 Day High48.24
10 Day Low44.54
20 Day High48.24
20 Day Low41.65
52 Week High56.99
52 Week Low37.01
CS1 End46.33
CR1 Start48.04
Volume & EV
DER(3)-1.57%
DER(5)-0.34%
Volume3.38M
Volume Incr-19.87%
Vol(5)3.28M
Vol(50)3.51M