Taking everything into account, SWHC scores 0 out of 10 in our technical rating. SWHC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, SWHC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 21.07, a Stop Loss order could be placed below this zone.
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20.86
When analyzing the support we notice one important area.
- Support @21.07 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 21.10 to 21.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 22.11 to 22.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @25.71 from a trend line in the weekly 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 SWHC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SWHC is down. |
| ChartMill Relative Strength | 18.45 | NEGATIVE | SWHC has a low relative strength, it was outperformed by 81.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SWHC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SWHC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SWHC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.6 | NEUTRAL | The RSI value for SWHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests SWHC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 29.02 | NEUTRAL | The Stochastics value for SWHC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.33 | MEDIUM VOLATILITY | The ATR as a percentage value for SWHC suggests some volalility. |
21.08
-0.25 (-1.17%)
SMITH & WESSON HLDG CORP / SWHC FAQ
What is the technical rating for SWHC stock?
ChartMill assigns a technical rating of 0 / 10 to SWHC.
What is the trend direction for SWHC stock?
The current trend direction for SMITH & WESSON HLDG CORP (SWHC) is Bearish.
What is the RSI signal for SMITH & WESSON HLDG CORP (SWHC) stock?
SMITH & WESSON HLDG CORP (SWHC) has an RSI value of 39.5959. This indicates that the stock is currently neutral.
What is the short term momentum for SWHC stock?
The short term momentum for SMITH & WESSON HLDG CORP (SWHC) is negative.
What is the support and resistance level for SWHC stock?
SMITH & WESSON HLDG CORP (SWHC) has a support level at 21.07 and a resistance level at 21.1. Check the full technical report for our detailed analysis of SWHC support and resistance levels.