SOLARWINDS CORP (SWI) Technical Analysis
NYSE:SWI • US83417Q2049
Current stock price
SWI Technical Rating and Analysis
Taking everything into account, SWI 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, SWI 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, SWI did better than 96% of all other stocks. On top of that, SWI also shows a nice and consistent pattern of rising prices.
- SWI is part of the Software industry. There are 277 other stocks in this industry. SWI outperforms 97% of them.
- SWI is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SWI is leading the market.
- SWI has an average volume of 2017670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month SWI has a been trading in a tight range between 18.02 and 18.51.
- Volume is considerably higher in the last couple of days.
SWI Weekly and Daily overview Charts
SWI Setup Rating and Analysis
Besides having an excellent technical rating, SWI also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 18.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.43, a Stop Loss order could be placed below this zone.
More info and screens
SWI Support and Resistance Analysis
12.75
We found 5 important support areas.
- A support zone ranging from 18.16 to 18.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.43 from a trend line in the weekly time frame.
- Support @15.12 from a trend line in the daily time frame.
- Support @14.58 from a trend line in the daily time frame.
- A support zone ranging from 12.88 to 13.01. 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 18.50 to 18.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
SWI 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 SWI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SWI is up. |
| ChartMill Relative Strength | 96.52 | POSITIVE | SWI has a high relative strength, it outperformed 96.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SWI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SWI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SWI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.67 | NEUTRAL | The RSI value for SWI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests SWI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 95.24 | OVERBOUGHT | The high Stochastics value suggests SWI may be overbought. |
| Average True Range in percent/ATR (20) | 0.36 | LOW VOLATILITY | The low ATR as a percentage value for SWI suggests low volalility. |
| Average Directional Index/ADX (14) | 35.27 | POSITIVE | The high ADX value value for SWI suggests a strong trend. |
SWI Chart- and CandleStick Pattern Analysis
SWI Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 18.51 | 18.01 | 0.50 (2.70%) | 25.00% |
| An entry @18.51. This is a Buy Stop order right above the resistance zone. | An exit @18.01. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.50 points, which is 2.70%. | For a 0.68% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SWI Technicals: Chart, Performance Metrics, Trend & Indicators
18.49
0 (0%)
SOLARWINDS CORP / SWI TA FAQ
What is the technical rating for SWI stock?
ChartMill assigns a technical rating of 10 / 10 to SWI.
What is the current trend direction of SOLARWINDS CORP (SWI) stock?
The current trend direction for SOLARWINDS CORP (SWI) is Bullish.
What is the RSI signal for SOLARWINDS CORP (SWI) stock?
SOLARWINDS CORP (SWI) has an RSI value of 68.6715. This indicates that the stock is currently neutral.
What is the buy/sell signal for SWI stock?
The buy/sell signal for SOLARWINDS CORP (SWI) is buy as both the short term and long term trends are positive.
What is the support and resistance level for SWI stock?
SOLARWINDS CORP (SWI) has a support level at 18.43 and a resistance level at 18.5. Check the full technical report for our detailed analysis of SWI support and resistance levels.