LATHAM GROUP INC (SWIM) Stock Technical Analysis
USA - NASDAQ:SWIM - US51819L1070 - Common Stock
Taking everything into account, SWIM scores 2 out of 10 in our technical rating. In the last year, SWIM was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
SWIM has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
6.33
When analyzing the support we can see 2 important areas.
- A support zone ranging from 7.22 to 7.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.39 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 7.43 to 7.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.09 from a horizontal line in the daily time frame.
- A resistance zone ranging from 8.25 to 8.26. 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 | NEUTRAL | NEUTRAL | The long term trend for SWIM is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SWIM is down. |
| ChartMill Relative Strength | 64.14 | NEUTRAL | SWIM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SWIM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SWIM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SWIM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.62 | NEUTRAL | The RSI value for SWIM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests SWIM has a negative trend. |
| Stochastics (14,3) | 35.6 | NEUTRAL | The Stochastics value for SWIM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.64 | MEDIUM VOLATILITY | The ATR as a percentage value for SWIM suggests some volalility. |
| Average Directional Index/ADX (14) | 20.55 | NEUTRAL | The ADX value for SWIM suggests a possible start of a new trend. |
7.25
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LATHAM GROUP INC / SWIM FAQ
What is the technical rating for SWIM stock?
ChartMill assigns a technical rating of 2 / 10 to SWIM.
What is the current trend direction of LATHAM GROUP INC (SWIM) stock?
The current trend direction for LATHAM GROUP INC (SWIM) is Bearish.
What is the RSI signal for SWIM stock?
LATHAM GROUP INC (SWIM) has an RSI value of 42.6221. This indicates that the stock is currently neutral.
What is the MACD signal for SWIM stock?
The MACD indicator for LATHAM GROUP INC (SWIM) has a value of -0.0325683, indicating a bearish trend.