SMITH & WESSON BRANDS INC (SWBI)       14.7  +0.66 (+4.7%)

14.7  +0.66 (+4.7%)

US8317541063 - Common Stock - After market: 14.7 0 (0%)

Technical Rating

Taking everything into account, SWBI scores 2 out of 10 in our technical rating. In the past year, SWBI was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.



In the last month SWBI has a been trading in the 12.78 - 14.91 range, which is quite wide. It is currently trading near the high of this range.
SWBI has an average volume of 1125500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
79% of all other stocks performed better in the past year than SWBI.
SWBI is part of the Leisure Products industry. There are 29 other stocks in this industry, of which 63% are performing better than SWBI.
SWBI is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.

Statistics

1 Month 3 Months 6 Months 12 Months 10.19% 3.96% -15.81% -38.95% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 21.47 12.78 - 25.49
SWBI Weekly chart
SWBI Daily chart

Support/Resistance Analysis


12.85

16.99
We found 2 important support areas.
  • A support zone ranging from 14.15 to 14.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 12.98 to 13.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
  • A resistance zone ranging from 14.82 to 14.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @15.83 from a trend line in the daily time frame.
  • A resistance zone ranging from 16.44 to 16.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @16.82 from a horizontal line in the daily time frame.

Setup Analysis

Setup Rating

SWBI has a poor technical rating and the quality of the setup is also not perfect 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.


SWBI Daily chart

SMITH & WESSON BRANDS INC14.7

NASDAQ:SWBI (8/10/2022, 7:14:41 PM)+0.66 (+4.7%)

After market: 14.7 0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Consumer Discretionary
GICS Industry Leisure Products
Performance
Today 4.7% 1 Week 0.75%
2 Weeks 4.26% 1 Month 10.19%
3 Month 3.96% 6 Month -15.81%
Volatility
ATR(14) 0.49 ATR(20)% 3.22%
ATR Inc 33.98% Range Today 0.63
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 21.47 Mansfield -1.25
10 Day High 14.91 10 Day Low 13.89
20 Day High 14.91 20 Day Low 12.78
52 Week High 25.49 52 Week Low 12.78
CS1 End 14.35 CR1 Start 14.82
Volume & EV
DER(3) -3.64% DER(5) -4.95%
Volume 790.90K Volume Incr -6.11%
Vol(5) 743.32K Vol(50) 1.13M

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