SHOCKWAVE MEDICAL INC (SWAV)
US82489T1043 - Common Stock
Overall SWAV gets a technical rating of 9 out of 10. Both in the recent history as in the last year, SWAV has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
SWAV is part of the Health Care Equipment & Supplies industry. There are 192 other stocks in this industry. SWAV outperforms 90% of them.
SWAV is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SWAV is leading the market.
SWAV has an average volume of 1212370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that SWAV is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month SWAV has a been trading in a tight range between 317.23 and 331.19.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, SWAV also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 330.20. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 330.18, a Stop Loss order could be placed below this zone.
More info and screens
156.60
333.50
We found 3 important support areas.
- A support zone ranging from 327.09 to 328.87. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @304.67 from a trend line in the daily time frame.
- Support @158.18 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 330.18 to 330.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.96
Mansfield2.46
10 Day High331.19
10 Day Low327.04
20 Day High331.19
20 Day Low317.23
52 Week High331.58
52 Week Low157
Performance
1 Week0.5%
2 Weeks0.82%
1 Month3.21%
3 Month41.39%
6 Month53.09%
12 Month14.54%
2 Year118.48%
3 Year102%
5 Year674.91%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-2.29
RSI(14)76.11
LBB326.63
UBB330.4
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 330.21 | 327.08 | 3.13 (0.95%) | 25.00% |
| An entry @330.21. This is a Buy Stop order right above the resistance zone. | An exit @327.08. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.13 points, which is 0.95%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.24%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SHOCKWAVE MEDICAL INC
NASDAQ:SWAV (5/1/2024, 2:43:08 PM)
329.69
-0.5 (-0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.15%
1 Week0.5%
2 Weeks0.82%
1 Month3.21%
3 Month41.39%
6 Month53.09%
12 Month14.54%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.51
ATR(20)%0.78%
ATR Inc
Range Today1.31
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High331.19
10 Day Low327.04
20 Day High331.19
20 Day Low317.23
52 Week High331.58
52 Week Low157
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume765.84K
Volume Incr-66.25%
Vol(5)739.40K
Vol(50)1.21M