ATHLON ACQUISITION CORP-A (SWET) Stock Technical Analysis
NASDAQ:SWET - Nasdaq - US04748A1060 - Common Stock - Currency: USD
Taking everything into account, SWET scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, SWET has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that SWET is one of the better performing stocks in the market, outperforming 82% of all stocks. On top of that, SWET also shows a nice and consistent pattern of rising prices.
SWET is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SWET is leading the market.
In the last month SWET has a been trading in a tight range between 9.94 and 10.06.
Volume is considerably higher in the last couple of days.
Although SWET has an excellent technical rating, it does not present a decent entry opportunity 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
9.50
10.17
When analyzing the support we can see 2 important areas.
- A support zone ranging from 9.95 to 10.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.60 to 9.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.07 to 10.07. 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 | UP | POSITIVE | The long term trend for SWET is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SWET is up. |
| ChartMill Relative Strength | 82.62 | POSITIVE | SWET has a high relative strength, it outperformed 82.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SWET is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SWET is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SWET is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.52 | OVERBOUGHT | The high RSI value suggests SWET may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SWET has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 93.33 | OVERBOUGHT | The high Stochastics value suggests SWET may be overbought. |
| Average True Range in percent/ATR (20) | 0.15 | LOW VOLATILITY | The low ATR as a percentage value for SWET suggests low volalility. |
| Average Directional Index/ADX (14) | 57.57 | POSITIVE | The high ADX value value for SWET 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)
10.06
+0.03 (+0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.25%
1 Week0.2%
2 Weeks0.4%
1 Month1.05%
3 Month1.82%
6 Month2.65%
12 Month2.65%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%0.15%
ATR Inc16.61%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.62
Mansfield0.38
10 Day High10.06
10 Day Low10.02
20 Day High10.06
20 Day Low9.94
52 Week High10.06
52 Week Low9.71
CS1 End10.04
CR1 Start10.07
Volume & EV
DER(3)-0.45%
DER(5)-0.08%
Volume478.60K
Volume Incr4.65%
Vol(5)198.54K
Vol(50)127.15K