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Swedish Match (SWMA.ST) Stock Technical Analysis

STO:SWMA - Nasdaq Stockholm AB - SE0015812219 - Common Stock - Currency: SEK

113.55  +0.05 (+0.04%)

Technical Rating and Analysis

6

Taking everything into account, SWMA scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

Looking at the yearly performance, SWMA did better than 92% of all other stocks.
SWMA is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SWMA is leading the market.
SWMA has an average volume of 1330320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
In the last month SWMA has a been trading in a tight range between 112.30 and 114.30.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
Swedish Match / SWMA Weekly stock chart
Swedish Match / SWMA Daily stock chart
Setup Rating and Analysis

8

Although the technical rating is only medium, SWMA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 113.55. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 113.53, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

111.53

117.21

When analyzing the support we notice one important area.

  • A support zone ranging from 112.66 to 113.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 113.55 to 116.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.02
Mansfield2.4
10 Day High113.7
10 Day Low113.43
20 Day High114.3
20 Day Low112.3
52 Week High116.2
52 Week Low66.38
Performance
1 Week0.02%
2 Weeks-0.13%
1 Month-0.18%
3 Month3.32%
6 Month8.61%
12 Month57.66%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)45.41
LBB113.37
UBB113.72
Swedish Match / SWMA Daily stock chart

Swedish Match

STO:SWMA (12/30/2022, 5:24:46 PM)

113.55

+0.05 (+0.04%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.04%
1 Week0.02%
2 Weeks-0.13%
1 Month-0.18%
3 Month3.32%
6 Month8.61%
12 Month57.66%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%0.3%
ATR Inc-55.91%
Range Today0.1
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.02
Mansfield2.4
10 Day High113.7
10 Day Low113.43
20 Day High114.3
20 Day Low112.3
52 Week High116.2
52 Week Low66.38
CS1 End113.53
CR1 Start113.55
Volume & EV
DER(3)-0.17%
DER(5)-1%
Volume147.19K
Volume Incr-33.15%
Vol(5)195.25K
Vol(50)1.33M