Overall SWBI gets a technical rating of 0 out of 10. SWBI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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
We found 3 important support areas.
- Support @8.19 from a trend line in the daily time frame.
- Support @7.93 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.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 8.72 to 8.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.77 from a trend line in the weekly time frame.
- A resistance zone ranging from 10.03 to 10.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.49 from a trend 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 | DOWN | NEGATIVE | The long term trend for SWBI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SWBI is down. |
| ChartMill Relative Strength | 19.66 | NEGATIVE | SWBI has a low relative strength, it was outperformed by 80.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SWBI is above 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) | 44.43 | NEUTRAL | The RSI value for SWBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests SWBI has a positive trend. |
| Stochastics (14,3) | 68.87 | NEUTRAL | The Stochastics value for SWBI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.04 | MEDIUM VOLATILITY | The ATR as a percentage value for SWBI suggests some volalility. |
| Average Directional Index/ADX (14) | 24.89 | NEUTRAL | The ADX value for SWBI suggests a possible start of a new trend. |
8.71
-0.03 (-0.34%)
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 44.4303. This indicates that the stock is currently neutral.
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.
Can you provide the buy/sell signal for SMITH & WESSON BRANDS INC?
The buy/sell signal for SMITH & WESSON BRANDS INC (SWBI) is sell as both the short term and long term trends are negative.