SOUTHWEST GAS HOLDINGS INC (SWX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SWX - US8448951025 - Common Stock
Taking everything into account, SWX scores 5 out of 10 in our technical rating. SWX has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
SWX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 81.99. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 80.81, a Stop Loss order could be placed below this zone.
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67.81
When analyzing the support we can see 5 important areas.
- A support zone ranging from 79.08 to 80.81. 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.
- Support @76.39 from a horizontal line in the daily time frame.
- Support @70.38 from a horizontal line in the weekly time frame.
- Support @68.49 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 81.99 to 83.05. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for SWX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SWX is neutral. |
| ChartMill Relative Strength | 63.43 | NEUTRAL | SWX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SWX is above the rising 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) | 53.62 | NEUTRAL | The RSI value for SWX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SWX has a positive trend. |
| Stochastics (14,3) | 57.75 | NEUTRAL | The Stochastics value for SWX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.8 | LOW VOLATILITY | The low ATR as a percentage value for SWX suggests low volalility. |
| Average Directional Index/ADX (14) | 11.65 | NEGATIVE | The low ADX value for SWX suggests a weak or negative trend. |
81.14
+0.29 (+0.36%)
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 trend direction for SWX stock?
The current trend direction for SOUTHWEST GAS HOLDINGS INC (SWX) is Bearish.
What is the RSI signal for SWX stock?
SOUTHWEST GAS HOLDINGS INC (SWX) has an RSI value of 53.6183. 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.