LATHAM GROUP INC (SWIM) Stock Technical Analysis
NASDAQ:SWIM - Nasdaq - US51819L1070 - Common Stock - Currency: USD
Overall SWIM gets a technical rating of 6 out of 10. In the last year, SWIM was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
Although the technical rating is only medium, SWIM does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 6.97. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.44, a Stop Loss order could be placed below this zone.
More info and screens
5.41
4 important support areas can be observed.
- A support zone ranging from 6.14 to 6.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.83 from a trend line in the daily time frame.
- Support @5.70 from a trend line in the weekly time frame.
- Support @5.46 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 6.97 to 7.04. 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 | UP | POSITIVE | The long term trend for SWIM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SWIM is neutral. |
| ChartMill Relative Strength | 93.07 | POSITIVE | SWIM has a high relative strength, it outperformed 93.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SWIM is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SWIM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SWIM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.5 | NEUTRAL | The RSI value for SWIM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SWIM has a negative trend. |
| Stochastics (14,3) | 71.98 | NEUTRAL | The Stochastics value for SWIM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.36 | MEDIUM VOLATILITY | The ATR as a percentage value for SWIM suggests some volalility. |
| Average Directional Index/ADX (14) | 11.26 | NEGATIVE | The low ADX value for SWIM suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 7.05 | 6.46 | 0.59 (8.37%) | 11.95% |
| An entry @7.05. This is a Buy Stop order right above the resistance zone. | An exit @6.46. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.59 points, which is 8.37%. | When investing 11.95% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
NASDAQ:SWIM (8/4/2025, 1:26:02 PM)
6.73
+0.01 (+0.15%)