SOUTHWEST GAS HOLDINGS INC (SWX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SWX - US8448951025 - Common Stock
Overall SWX gets a technical rating of 5 out of 10. SWX 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.
Although the technical rating is only medium, SWX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 80.75, a Stop Loss order could be placed below this zone.
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67.81
6 important support areas can be observed.
- A support zone ranging from 79.50 to 80.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 77.68 to 77.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @76.39 from a horizontal line in the daily time frame.
- Support @73.82 from a trend line in the weekly time frame.
- Support @70.38 from a horizontal line in the weekly time frame.
- A support zone ranging from 68.49 to 68.90. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 81.09 to 83.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 SWX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SWX is neutral. |
| ChartMill Relative Strength | 67.81 | NEUTRAL | SWX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SWX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SWX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SWX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.54 | NEUTRAL | The RSI value for SWX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SWX has a negative trend. |
| Stochastics (14,3) | 50.61 | NEUTRAL | The Stochastics value for SWX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.87 | LOW VOLATILITY | The low ATR as a percentage value for SWX suggests low volalility. |
| Average Directional Index/ADX (14) | 11.2 | NEGATIVE | The low ADX value for SWX suggests a weak or negative trend. |
80.76
-0.43 (-0.53%)
SOUTHWEST GAS HOLDINGS INC / SWX FAQ
What is the ChartMill technical rating of SOUTHWEST GAS HOLDINGS INC (SWX) stock?
ChartMill assigns a technical rating of 5 / 10 to SWX.
What is the current trend direction of SOUTHWEST GAS HOLDINGS INC (SWX) stock?
The current trend direction for SOUTHWEST GAS HOLDINGS INC (SWX) is Bullish.
What is the RSI signal for SWX stock?
SOUTHWEST GAS HOLDINGS INC (SWX) has an RSI value of 50.5388. This indicates that the stock is currently neutral.
What is the short term momentum for SOUTHWEST GAS HOLDINGS INC (SWX) stock?
The short term momentum for SOUTHWEST GAS HOLDINGS INC (SWX) is neutral.
Can you provide the support and resistance levels for SOUTHWEST GAS HOLDINGS INC?
SOUTHWEST GAS HOLDINGS INC (SWX) has a support level at 80.75 and a resistance level at 81.09. Check the full technical report for our detailed analysis of SWX support and resistance levels.