10.71 USD
-0.05 (-0.46%)
10.65 USD
-0.06 (-0.56%)
Taking everything into account, SWBI scores 6 out of 10 in our technical rating. In the last year, SWBI was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
SWBI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SWBI is lagging the market slightly.
In the last month SWBI has a been trading in the 8.13 - 11.50 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, which is what you like to see during a strong movement up.
When compared to the yearly performance of all other stocks, SWBI outperforms 64% of them, which is more or less in line with the market.
SWBI is part of the Leisure Products industry. There are 33 other stocks in this industry, SWBI did better than 65% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SWBI has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
7.85
11.13
When analyzing the support we can see 4 important areas.
- A support zone ranging from 9.37 to 9.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.66 from a trend line in the weekly time frame.
- Support @8.23 from a trend line in the daily time frame.
- Support @7.93 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 10.97 to 11.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 64.48 | NEUTRAL | SWBI is not amongst the best or worst performers 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 | MIXED | The current price of SWBI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 74.03 | OVERBOUGHT | The high RSI value suggests SWBI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests SWBI has a positive trend. |
| Stochastics (14,3) | 84.38 | OVERBOUGHT | The high Stochastics value suggests SWBI may be overbought. |
| Average True Range in percent/ATR (20) | 3.17 | MEDIUM VOLATILITY | The ATR as a percentage value for SWBI suggests some volalility. |
| Average Directional Index/ADX (14) | 29.81 | 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)
10.71
-0.05 (-0.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg-0.46%
1 Week22.82%
2 Weeks24.68%
1 Month24.39%
3 Month14.61%
6 Month1.9%
12 Month-2.81%
2 Year-21.02%
3 Year23.39%
5 Year-39.66%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%3.17%
ATR Inc61.31%
Range Today0.3
ADR(20)0.32
ADR(20)%2.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.48
3 months CRS86.65
6 months CRS39.02
Mansfield0.12
10 Day High11.5
10 Day Low8.51
20 Day High11.5
20 Day Low8.14
52 Week High11.5
52 Week Low7.73
CS1 End9.52
CR1 Start10.97
Volume & EV
DER(3)2.98%
DER(5)2.14%
Volume945.80K
Volume Incr197.24%
Vol(5)1.45M
Vol(50)606.85K
SMITH & WESSON BRANDS INC / SWBI FAQ
What is the technical rating for SWBI stock?
ChartMill assigns a technical rating of 6 / 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 74.0275. This indicates that the stock is currently overbought.
What is the short term momentum for SMITH & WESSON BRANDS INC (SWBI) stock?
The short term momentum for SMITH & WESSON BRANDS INC (SWBI) is positive.