SWK HOLDINGS CORP (SWKH) Stock Technical Analysis
NASDAQ:SWKH • US78501P2039
Taking everything into account, SWKH scores 4 out of 10 in our technical rating. SWKH has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- Warning: SWKH has an average volume of 8068 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When compared to the yearly performance of all other stocks, SWKH outperforms 43% of them, which is more or less in line with the market.
- SWKH is part of the Financial Services industry. There are 97 other stocks in this industry, SWKH did better than 61% of them.
- SWKH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SWKH is lagging the market.
- In the last month SWKH has a been trading in a tight range between 16.73 and 17.63.
Although the technical rating is only medium, SWKH does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 17.06, a Stop Loss order could be placed below this zone.
More info and screens
14.07
When analyzing the support we can see 3 important areas.
- A support zone ranging from 17.00 to 17.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.73 from a trend line in the weekly time frame.
- Support @14.21 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 17.24 to 17.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 17.69 to 17.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @18.05 from a horizontal line in the weekly 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 SWKH is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SWKH is neutral. |
| ChartMill Relative Strength | 43.15 | NEUTRAL | SWKH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SWKH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SWKH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SWKH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.3 | NEUTRAL | The RSI value for SWKH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests SWKH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.38 | NEUTRAL | The Stochastics value for SWKH is a neutral value. |
| Average True Range in percent/ATR (20) | 1.34 | LOW VOLATILITY | The low ATR as a percentage value for SWKH suggests low volalility. |
| Average Directional Index/ADX (14) | 21.24 | NEUTRAL | The ADX value for SWKH suggests a possible start of a new trend. |
17.19
+0.19 (+1.12%)
SWK HOLDINGS CORP / SWKH FAQ
What is the ChartMill technical rating of SWK HOLDINGS CORP (SWKH) stock?
ChartMill assigns a technical rating of 4 / 10 to SWKH.
What is the trend direction for SWKH stock?
The current trend direction for SWK HOLDINGS CORP (SWKH) is Bullish.
Can you provide the RSI signal for SWK HOLDINGS CORP?
SWK HOLDINGS CORP (SWKH) has an RSI value of 46.2967. This indicates that the stock is currently neutral.
What is the MACD signal for SWKH stock?
The MACD indicator for SWK HOLDINGS CORP (SWKH) has a value of -0.0473801, indicating a bearish trend.