SPRINGWORKS THERAPEUTICS INC (SWTX)
US85205L1070 - Common Stock
Taking everything into account, SWTX 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.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
SWTX is part of the Biotechnology industry. There are 587 other stocks in this industry. SWTX outperforms 80% of them.
SWTX 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 SWTX is lagging the market slightly.
In the last month SWTX has a been trading in the 38.90 - 48.20 range, which is quite wide. It is currently trading near the high of this range.
SWTX has an average volume of 1005450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, SWTX did better than 87% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, SWTX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 45.36, a Stop Loss order could be placed below this zone.
More info and screens
39.11
53.04
3 important support areas can be observed.
- A support zone ranging from 44.18 to 45.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 42.43 to 42.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 39.50 to 40.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @46.24 from a trend line in the daily time frame.
- A resistance zone ranging from 52.38 to 52.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.68
Mansfield2.27
10 Day High48.2
10 Day Low41.21
20 Day High48.2
20 Day Low38.9
52 Week High53.92
52 Week Low18
Performance
1 Week-2.01%
2 Weeks3.98%
1 Month3.46%
3 Month-2.58%
6 Month141.55%
12 Month60.02%
2 Year141.55%
3 Year-43.89%
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)0.39
RSI(14)51.48
LBB40.75
UBB48.26
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 |
|---|---|---|---|
| 46.25 | 44.17 | 2.08 (4.50%) | 22.24% |
| An entry @46.25. This is a Buy Stop order right above the resistance zone. | An exit @44.17. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.08 points, which is 4.50%. | For a 1.00% total portfolio risk, you can invest 22.24% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SWTX. Please evaluate whether better entry and exit points can be found.
- 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.
SPRINGWORKS THERAPEUTICS INC
NASDAQ:SWTX (5/7/2024, 3:30:01 PM)
After market: 45.75 0 (0%)45.75
-0.57 (-1.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.23%
1 Week-2.01%
2 Weeks3.98%
1 Month3.46%
3 Month-2.58%
6 Month141.55%
12 Month60.02%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.97
ATR(20)%5.64%
ATR Inc
Range Today1.12
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High48.2
10 Day Low41.21
20 Day High48.2
20 Day Low38.9
52 Week High53.92
52 Week Low18
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume695.21K
Volume Incr96.2%
Vol(5)1.52M
Vol(50)1.01M