SMITH & WESSON HLDG CORP (SWHC) Stock Technical Analysis
NASDAQ:SWHC - Nasdaq - US8317561012
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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, SWHC is a bad performer in the overall market: 82% of all stocks are doing better.
SWHC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
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 has a bad technical rating, but it does show a decent setup pattern. 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.
More info and screens
20.86
25.97
We found 1 important support area.
- Support @21.07 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- 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. |
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)
21.08
-0.25 (-1.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.17%
1 Week-2.41%
2 Weeks-0.33%
1 Month-12.09%
3 Month-20.72%
6 Month-24.09%
12 Month-4.09%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%3.33%
ATR Inc-29.92%
Range Today0.43
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
CRS18.45
Mansfield-2.08
10 Day High22.21
10 Day Low21.05
20 Day High22.4
20 Day Low20.41
52 Week High31.19
52 Week Low19.18
CS1 End21.07
CR1 Start21.1
Volume & EV
DER(3)-4.13%
DER(5)-0.93%
Volume1.66M
Volume Incr-36.41%
Vol(5)1.55M
Vol(50)2.46M