LATHAM GROUP INC (SWIM) Stock Technical Analysis
NASDAQ:SWIM - Nasdaq - US51819L1070 - Common Stock - Currency: USD
Taking everything into account, SWIM scores 8 out of 10 in our technical rating. SWIM has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
SWIM is one of the better performing stocks in the Leisure Products industry, it outperforms 93% of 30 stocks in the same industry.
SWIM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SWIM is lagging the market slightly.
In the last month SWIM has a been trading in the 5.58 - 7.12 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, SWIM did better than 96% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although SWIM has an excellent technical rating, it does not present a decent entry opportunity 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
5.41
7.41
3 important support areas can be observed.
- A support zone ranging from 5.87 to 5.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.59 from a horizontal line in the daily time frame.
- A support zone ranging from 5.46 to 5.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 7.04 to 7.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.34 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for SWIM is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SWIM is up. |
| ChartMill Relative Strength | 96.16 | POSITIVE | SWIM has a high relative strength, it outperformed 96.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SWIM is above the rising 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) | UP | POSITIVE | The current price of SWIM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.36 | NEUTRAL | The RSI value for SWIM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests SWIM has a positive trend. |
| Stochastics (14,3) | 93.82 | OVERBOUGHT | The high Stochastics value suggests SWIM may be overbought. |
| Average True Range in percent/ATR (20) | 4.22 | MEDIUM VOLATILITY | The ATR as a percentage value for SWIM suggests some volalility. |
| Average Directional Index/ADX (14) | 20.64 | NEUTRAL | The ADX value for SWIM suggests a possible start of a new trend. |
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)
7.03
+0.09 (+1.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg1.3%
1 Week7.82%
2 Weeks20.79%
1 Month16.2%
3 Month28.75%
6 Month7%
12 Month156.57%
2 Year78.43%
3 Year28.05%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%4.22%
ATR Inc-15.49%
Range Today0.14
ADR(20)0.29
ADR(20)%4.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.16
Mansfield0.64
10 Day High7.12
10 Day Low5.75
20 Day High7.12
20 Day Low5.58
52 Week High8.41
52 Week Low2.54
CS1 End5.91
CR1 Start7.04
Volume & EV
DER(3)-4.59%
DER(5)-1.94%
Volume298.40K
Volume Incr115.31%
Vol(5)1.04M
Vol(50)593.58K