SOUTHWEST GAS HOLDINGS INC (SWX) Technical Analysis
NYSE:SWX • US8448951025
Current stock price
SWX Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to SWX. Although SWX is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- SWX is part of the Gas Utilities industry. There are 15 other stocks in this industry. SWX outperforms 85% of them.
- A new 52 week high is currently being made by SWX, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month SWX has a been trading in the 83.51 - 93.44 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, SWX outperforms 67% of them, which is more or less in line with the market.
SWX Weekly and Daily overview Charts
SWX Setup Rating and Analysis
Although SWX has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
SWX Support and Resistance Analysis
67.81
We found 8 important support areas.
- A support zone ranging from 87.05 to 87.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @85.67 from a trend line in the weekly time frame.
- A support zone ranging from 83.58 to 84.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 81.51 to 81.99. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 79.08 to 79.50. This zone is formed by a combination of multiple trend lines 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 @70.38 from a horizontal line in the weekly time frame.
- Support @68.49 from a horizontal line in the weekly time frame.
SWX Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for SWX is up. |
| ChartMill Relative Strength | 67.13 | 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) | 62.86 | NEUTRAL | The RSI value for SWX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.55 | POSITIVE | The MACD value suggests SWX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.21 | OVERBOUGHT | The high Stochastics value suggests SWX may be overbought. |
| 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) | 21.4 | NEUTRAL | The ADX value for SWX suggests a possible start of a new trend. |
SWX Chart- and CandleStick Pattern Analysis
SWX Technicals: Chart, Performance Metrics, Trend & Indicators
91.39
-1.79 (-1.92%)
SOUTHWEST GAS HOLDINGS INC / SWX TA FAQ
What is the ChartMill technical rating of SOUTHWEST GAS HOLDINGS INC (SWX) stock?
ChartMill assigns a technical rating of 8 / 10 to SWX.
What is the trend direction for SWX stock?
The current trend direction for SOUTHWEST GAS HOLDINGS INC (SWX) is Bullish.
What is the RSI signal for SOUTHWEST GAS HOLDINGS INC (SWX) stock?
SOUTHWEST GAS HOLDINGS INC (SWX) has an RSI value of 62.8574. This indicates that the stock is currently neutral.
What is the short term momentum for SWX stock?
The short term momentum for SOUTHWEST GAS HOLDINGS INC (SWX) is positive.
What is the support and resistance level for SWX stock?
SOUTHWEST GAS HOLDINGS INC (SWX) has a support level at 87.99. Check the full technical report for our detailed analysis of SWX support and resistance levels.