SMITH & WESSON HLDG CORP (SWHC) Technical Analysis
NASDAQ:SWHC • US8317561012
Current stock price
SWHC Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to SWHC. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 82% of all other stocks performed better in the past year than SWHC.
- SWHC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SWHC is lagging the market.
- SWHC has an average volume of 2459710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month SWHC has a been trading in the 20.41 - 22.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
SWHC Weekly and Daily overview Charts
SWHC Setup Rating and Analysis
Although the technical rating is bad, SWHC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 21.07, a Stop Loss order could be placed below this zone.
More info and screens
SWHC Support and Resistance Analysis
20.86
When analyzing the support we notice one important area.
- Support @21.07 from a horizontal line in the weekly time frame.
We can see 3 important resistance 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.
SWHC 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 | 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. |
SWHC Chart- and CandleStick Pattern Analysis
SWHC Technicals: Chart, Performance Metrics, Trend & Indicators
21.08
-0.25 (-1.17%)
SMITH & WESSON HLDG CORP / SWHC TA 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.