LATHAM GROUP INC (SWIM) Technical Analysis
NASDAQ:SWIM • US51819L1070
Current stock price
SWIM Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to SWIM. SWIM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- In the last month SWIM has a been trading in the 5.04 - 6.13 range, which is quite wide. It is currently trading near the high of this range.
- SWIM has an average volume of 1039280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, SWIM outperforms 49% of them, which is more or less in line with the market.
- SWIM is part of the Leisure Products industry. There are 31 other stocks in this industry, SWIM did better than 63% of them.
- SWIM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SWIM is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SWIM Weekly and Daily overview Charts
SWIM Setup Rating and Analysis
The technical rating of SWIM is bad and it also does not present a quality setup 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
SWIM Support and Resistance Analysis
5.11
We found 1 important support area.
- A support zone ranging from 5.16 to 5.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 6.04 to 6.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.39 from a trend line in the weekly time frame.
- A resistance zone ranging from 6.91 to 6.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.28 from a horizontal line in the daily time frame.
SWIM 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 | DOWN | NEGATIVE | The long term trend for SWIM is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SWIM is neutral. |
| ChartMill Relative Strength | 49.08 | NEUTRAL | SWIM is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of SWIM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SWIM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.01 | NEUTRAL | The RSI value for SWIM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests SWIM has a positive trend. |
| Stochastics (14,3) | 90.98 | OVERBOUGHT | The high Stochastics value suggests SWIM may be overbought. |
| Average True Range in percent/ATR (20) | 4.43 | MEDIUM VOLATILITY | The ATR as a percentage value for SWIM suggests some volalility. |
| Average Directional Index/ADX (14) | 12.44 | NEGATIVE | The low ADX value for SWIM suggests a weak or negative trend. |
SWIM Chart- and CandleStick Pattern Analysis
SWIM Technicals: Chart, Performance Metrics, Trend & Indicators
6.03
+0.11 (+1.86%)
LATHAM GROUP INC / SWIM TA FAQ
What is the technical rating for SWIM stock?
ChartMill assigns a technical rating of 1 / 10 to SWIM.
Can you provide the trend direction for LATHAM GROUP INC?
The current trend direction for LATHAM GROUP INC (SWIM) is Bearish.
What is the RSI signal for LATHAM GROUP INC (SWIM) stock?
LATHAM GROUP INC (SWIM) has an RSI value of 56.0124. 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 0.107602, indicating a bearish trend.