LATHAM GROUP INC (SWIM) Stock Technical Analysis
NASDAQ:SWIM - US51819L1070 - Common Stock
8.25 USD
+0.08 (+0.98%)
8.25 USD
0 (0%)
Overall SWIM gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SWIM is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
SWIM is part of the Leisure Products industry. There are 31 other stocks in this industry. SWIM outperforms 96% of them.
SWIM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month SWIM has a been trading in the 6.56 - 8.46 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, SWIM did better than 89% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SWIM has an excellent technical rating, but the quality of the setup is only medium 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
8.33
When analyzing the support we can see 5 important areas.
- A support zone ranging from 7.81 to 7.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 7.47 to 7.54. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @6.57 from a trend line in the weekly time frame.
- Support @5.92 from a trend line in the weekly time frame.
- Support @5.46 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 | UP | POSITIVE | The long term trend for SWIM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SWIM is up. |
| ChartMill Relative Strength | 89.45 | POSITIVE | SWIM has a high relative strength, it outperformed 89.45% 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) | 67.52 | NEUTRAL | The RSI value for SWIM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests SWIM has a positive trend. |
| Stochastics (14,3) | 85.95 | OVERBOUGHT | The high Stochastics value suggests SWIM may be overbought. |
| Average True Range in percent/ATR (20) | 4.29 | MEDIUM VOLATILITY | The ATR as a percentage value for SWIM suggests some volalility. |
| Average Directional Index/ADX (14) | 23.5 | 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)
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 |
|---|---|---|---|
| 8.47 | 7.80 | 0.67 (7.91%) | 12.64% |
| An entry @8.47. This is a Buy Stop order right above the 10 day high. | An exit @7.80. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.67 points, which is 7.91%. | For a 1.00% total portfolio risk, you can invest 12.64% 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.
8.25
+0.08 (+0.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg0.98%
1 Week6.04%
2 Weeks12.24%
1 Month21.32%
3 Month46.02%
6 Month39.59%
12 Month32%
2 Year122.97%
3 Year44.48%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%4.29%
ATR Inc-7.14%
Range Today0.36
ADR(20)0.33
ADR(20)%4.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.45
Mansfield1.6
10 Day High8.46
10 Day Low7.39
20 Day High8.46
20 Day Low6.56
52 Week High8.46
52 Week Low4.56
CS1 End7.89
CR1 StartN/A
Volume & EV
DER(3)3.13%
DER(5)3.78%
Volume656.35K
Volume Incr-5.22%
Vol(5)688.59K
Vol(50)649.23K