We assign a technical rating of 10 out of 10 to SWET. 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.
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.
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9.50
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. |
10.06
+0.03 (+0.25%)
ATHLON ACQUISITION CORP-A / SWET 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.
What is the RSI signal for ATHLON ACQUISITION CORP-A (SWET) stock?
ATHLON ACQUISITION CORP-A (SWET) has an RSI value of 72.5172. This indicates that the stock is currently overbought.
What is the short term momentum for ATHLON ACQUISITION CORP-A (SWET) stock?
The short term momentum for ATHLON ACQUISITION CORP-A (SWET) is positive.
What are the support and resistance levels for ATHLON ACQUISITION CORP-A (SWET) stock?
ATHLON ACQUISITION CORP-A (SWET) has a support level at 10.04 and a resistance level at 10.07. Check the full technical report for our detailed analysis of SWET support and resistance levels.