SMITH & WESSON BRANDS INC (SWBI) Stock Technical Analysis
USA - NASDAQ:SWBI - US8317541063 - Common Stock
9.42 USD
+0.04 (+0.37%)
9.3833 USD
-0.04 (-0.39%)
We assign a technical rating of 5 out of 10 to SWBI. Recently some decent action could be observed, but in the medium term time frame this is still negative. SWBI was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, SWBI is a bad performer in the overall market: 85% of all stocks are doing better.
SWBI is part of the Leisure Products industry. There are 33 other stocks in this industry, of which 62% are performing better than SWBI.
SWBI 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.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month SWBI has a been trading in the 7.86 - 9.77 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
SWBI has an average technical rating and also the quality of the setup is only medium 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
7.81
11.27
3 important support areas can be observed.
- Support @9.38 from a trend line in the daily time frame.
- A support zone ranging from 8.16 to 8.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.89 to 8.01. This zone is formed by a combination of multiple trend lines in the daily time frame.
5 important resistance areas can be observed.
- Resistance @9.45 from a horizontal line in the daily time frame.
- Resistance @10.12 from a trend line in the weekly time frame.
- Resistance @10.52 from a horizontal line in the weekly time frame.
- Resistance @10.89 from a horizontal line in the daily time frame.
- Resistance @11.16 from a horizontal line in the daily 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 SWBI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SWBI is up. |
| ChartMill Relative Strength | 15.81 | NEGATIVE | SWBI has a low relative strength, it was outperformed by 84.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SWBI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SWBI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SWBI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 72.32 | OVERBOUGHT | The high RSI value suggests SWBI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests SWBI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.83 | NEUTRAL | The Stochastics value for SWBI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.44 | MEDIUM VOLATILITY | The ATR as a percentage value for SWBI suggests some volalility. |
| Average Directional Index/ADX (14) | 35.7 | POSITIVE | The high ADX value value for SWBI suggests a strong 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)
9.42
+0.04 (+0.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg0.37%
1 Week0.32%
2 Weeks17.46%
1 Month17.75%
3 Month7.97%
6 Month-0.95%
12 Month-29.6%
2 Year-27.03%
3 Year-9.16%
5 Year-39.3%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%3.44%
ATR Inc-11.15%
Range Today0.34
ADR(20)0.32
ADR(20)%3.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.81
Mansfield-1.71
10 Day High9.77
10 Day Low8.01
20 Day High9.77
20 Day Low7.86
52 Week High14.2
52 Week Low7.73
CS1 End9.38
CR1 Start9.45
Volume & EV
DER(3)-4.2%
DER(5)-0.03%
Volume1.08M
Volume Incr59.32%
Vol(5)1.54M
Vol(50)966.52K