SMITH & WESSON BRANDS INC (SWBI) Stock Technical Analysis
USA - NASDAQ:SWBI - US8317541063 - Common Stock
8.47 USD
-0.07 (-0.82%)
8.4379 USD
-0.03 (-0.38%)
Overall SWBI gets a technical rating of 0 out of 10. SWBI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
83% of all other stocks performed better in the past year 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.
In the last month SWBI has a been trading in the 8.41 - 10.29 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
SWBI is part of the Leisure Products industry. There are 33 other stocks in this industry, SWBI did better than 43% of them.
Considerably lower volume is observed in the last couple of days.
The technical rating of SWBI is bad and it also does not present a 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
7.65
11.00
When analyzing the support we can see 2 important areas.
- Support @7.89 from a horizontal line in the daily time frame.
- A support zone ranging from 7.73 to 7.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- Resistance @8.67 from a horizontal line in the daily time frame.
- A resistance zone ranging from 9.95 to 10.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.30 from a horizontal line in the daily time frame.
- Resistance @10.52 from a trend line in the daily time frame.
- Resistance @10.89 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 | DOWN | NEGATIVE | The short term trend for SWBI is down. |
| ChartMill Relative Strength | 17.8 | NEGATIVE | SWBI has a low relative strength, it was outperformed by 82.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SWBI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SWBI is below a declining 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) | 28.82 | OVERSOLD | The low RSI value suggests SWBI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests SWBI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.03 | OVERSOLD | The low Stochastics value suggests SWBI may be oversold. |
| Average True Range in percent/ATR (20) | 3.06 | MEDIUM VOLATILITY | The ATR as a percentage value for SWBI suggests some volalility. |
| Average Directional Index/ADX (14) | 30.03 | 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)
8.47
-0.07 (-0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg-0.82%
1 Week-1.85%
2 Weeks-11.63%
1 Month-14.62%
3 Month4.44%
6 Month-13.48%
12 Month-35.2%
2 Year-38.4%
3 Year-28.04%
5 Year-46.26%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%3.06%
ATR Inc-16.67%
Range Today0.19
ADR(20)0.25
ADR(20)%2.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.8
3 months CRS69.92
6 months CRS17.32
Mansfield-2.1
10 Day High9.58
10 Day Low8.41
20 Day High10.29
20 Day Low8.41
52 Week High14.2
52 Week Low7.73
CS1 End7.89
CR1 Start8.67
Volume & EV
DER(3)0.16%
DER(5)0.22%
Volume389.80K
Volume Incr-2.08%
Vol(5)474.90K
Vol(50)783.09K
SMITH & WESSON BRANDS INC / SWBI FAQ
What is the technical rating for SWBI stock?
ChartMill assigns a technical rating of 0 / 10 to SWBI.
What is the trend direction for SWBI stock?
The current trend direction for SMITH & WESSON BRANDS INC (SWBI) is Bearish.
What is the RSI signal for SWBI stock?
SMITH & WESSON BRANDS INC (SWBI) has an RSI value of 28.8205. This indicates that the stock is currently oversold.
What is the short term momentum for SMITH & WESSON BRANDS INC (SWBI) stock?
The short term momentum for SMITH & WESSON BRANDS INC (SWBI) is negative.