SMITH & WESSON BRANDS INC (SWBI)

US8317541063 - Common Stock

17.19  +0.3 (+1.78%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to SWBI. In the last year, SWBI was one of the better performers, but we do observe some doubts in the very recent evolution.

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!
When comparing the yearly performance of all stocks, we notice that SWBI is one of the better performing stocks in the market, outperforming 91% of all stocks.
SWBI is one of the better performing stocks in the Leisure Products industry, it outperforms 100% of 32 stocks in the same industry.
SWBI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SWBI is performing more or less in line with the market.
In the last month SWBI has a been trading in the 16.37 - 17.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
SWBI Weekly chart
SWBI Daily chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, SWBI also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 16.81, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

13.04

18.22

3 important support areas can be observed.

  • A support zone ranging from 16.49 to 16.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 13.70 to 13.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @13.17 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 18.04 to 18.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.14
Mansfield1.29
10 Day High17.3
10 Day Low16.37
20 Day High17.99
20 Day Low16.37
52 Week High18.05
52 Week Low10.38
Performance
1 Week0.6%
2 Weeks-1.17%
1 Month-4.2%
3 Month26.99%
6 Month18.61%
12 Month40.52%
2 Year23.02%
3 Year-2.93%
5 YearN/A
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)-0.09
RSI(14)51.47
LBB16.27
UBB17.65
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
17.3116.480.83 (4.79%)20.86%
An entry @17.31. This is a Buy Stop order right above the 10 day high.An exit @16.48. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.83 points, which is 4.79%.For a 1.00% total portfolio risk, you can invest 20.86% of your capital in this trade.

  • 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.
SWBI Daily chart

SMITH & WESSON BRANDS INC

NASDAQ:SWBI (4/26/2024, 2:54:05 PM)

17.19

+0.3 (+1.78%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg1.78%
1 Week0.6%
2 Weeks-1.17%
1 Month-4.2%
3 Month26.99%
6 Month18.61%
12 Month40.52%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.37
ATR(20)%2.2%
ATR Inc
Range Today0.3
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 High17.3
10 Day Low16.37
20 Day High17.99
20 Day Low16.37
52 Week High18.05
52 Week Low10.38
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume121.96K
Volume Incr-26.27%
Vol(5)215.04K
Vol(50)435.75K