SMURFIT WESTROCK PLC (SW) Stock Technical Analysis
NYSE:SW • IE00028FXN24
We assign a technical rating of 7 out of 10 to SW. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SW is only an average performer.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- SW has an average volume of 6065770 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 67% 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 currently trading near new highs, so SW is lagging the market.
- In the last month SW has a been trading in the 40.69 - 52.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although SW has an excellent technical rating, it 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
40.48
We found 3 important support areas.
- A support zone ranging from 46.60 to 46.97. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 43.06 to 43.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 40.89 to 40.95. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 51.57 to 51.85. 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 | UP | POSITIVE | The long term trend for SW is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SW is neutral. |
| ChartMill Relative Strength | 67.01 | 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) | UP | POSITIVE | The current price of SW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.58 | NEUTRAL | The RSI value for SW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.48 | NEGATIVE | The MACD value suggests SW has a negative trend. |
| Stochastics (14,3) | 35.65 | NEUTRAL | The Stochastics value for SW is a neutral value. |
| Average True Range in percent/ATR (20) | 4.53 | MEDIUM VOLATILITY | The ATR as a percentage value for SW suggests some volalility. |
| Average Directional Index/ADX (14) | 28.89 | POSITIVE | The high ADX value value for SW suggests a strong trend. |
47.01
+0.54 (+1.16%)
SMURFIT WESTROCK PLC / SW FAQ
Can you provide the ChartMill technical rating for SMURFIT WESTROCK PLC?
ChartMill assigns a technical rating of 7 / 10 to SW.
What is the trend direction for SW stock?
The current trend direction for SMURFIT WESTROCK PLC (SW) is Bullish.
What is the RSI signal for SMURFIT WESTROCK PLC (SW) stock?
SMURFIT WESTROCK PLC (SW) has an RSI value of 54.579. 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 support level at 46.97 and a resistance level at 51.57. Check the full technical report for our detailed analysis of SW support and resistance levels.