ATHLON ACQUISITION CORP-A (SWET) Technical Analysis
NASDAQ:SWET • US04748A1060
Current stock price
SWET Technical Rating and Analysis
Taking everything into account, SWET scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SWET is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, SWET did better than 82% of all other 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 however is also trading near new highs, which makes the performance in line with 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.
SWET Weekly and Daily overview Charts
SWET Setup Rating and Analysis
Although SWET has an excellent technical rating, it 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
SWET Support and Resistance Analysis
9.50
2 important support areas can be observed.
- 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.
SWET Technical Indicator Signal Analysis
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. |
SWET Chart- and CandleStick Pattern Analysis
SWET Technicals: Chart, Performance Metrics, Trend & Indicators
10.06
+0.03 (+0.25%)
ATHLON ACQUISITION CORP-A / SWET TA FAQ
What is the technical rating for SWET stock?
ChartMill assigns a technical rating of 9 / 10 to SWET.
Can you provide the trend direction for ATHLON ACQUISITION CORP-A?
The current trend direction for ATHLON ACQUISITION CORP-A (SWET) is Bullish.
Can you provide the RSI signal for ATHLON ACQUISITION CORP-A?
ATHLON ACQUISITION CORP-A (SWET) has an RSI value of 72.5172. This indicates that the stock is currently overbought.
What is the MACD signal for SWET stock?
The MACD indicator for ATHLON ACQUISITION CORP-A (SWET) has a value of -0.000747114, indicating a bearish trend.
Can you provide the buy/sell signal for ATHLON ACQUISITION CORP-A?
The buy/sell signal for ATHLON ACQUISITION CORP-A (SWET) is buy as both the short term and long term trends are positive.