SOUTHWEST GAS HOLDINGS INC (SWX)

US8448951025 - Common Stock

75  -0.95 (-1.25%)

After market: 75 0 (0%)

Technical Rating and Analysis

9

Overall SWX gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SWX is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, SWX did better than 89% of all other stocks.
SWX is part of the Gas Utilities industry. There are 14 other stocks in this industry. SWX outperforms 100% of them.
SWX 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 SWX is leading the market.
In the last month SWX has a been trading in the 71.16 - 76.75 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
Weekly and Daily overview Charts
SWX Weekly chart
SWX Daily chart
Setup Rating and Analysis

8

SWX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 75.15. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 72.86, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

55.44

76.89

We found 6 important support areas.

  • A support zone ranging from 70.44 to 72.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @63.87 from a horizontal line in the daily time frame.
  • Support @60.70 from a trend line in the weekly time frame.
  • Support @59.23 from a horizontal line in the daily time frame.
  • Support @56.95 from a horizontal line in the daily time frame.
  • Support @56.00 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 75.15 to 76.13. This zone is formed by a combination of multiple trend lines 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
CRS89.1
Mansfield0.72
10 Day High76.15
10 Day Low71.16
20 Day High76.75
20 Day Low71.16
52 Week High76.75
52 Week Low53.79
Performance
1 Week2.07%
2 Weeks2.94%
1 Month-1.48%
3 Month26.22%
6 Month31.65%
12 Month33.93%
2 Year-14.88%
3 Year7.57%
5 Year-9.84%
10 Year36.34%
15 Year271.1%
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)-0.08
RSI(14)58.94
LBB71.86
UBB76.03
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
76.1471.154.99 (6.55%)15.26%
An entry @76.14. This is a Buy Stop order right above the resistance zone.An exit @71.15. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 4.99 points, which is 6.55%.When investing 15.26% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
SWX Daily chart

SOUTHWEST GAS HOLDINGS INC

NYSE:SWX (4/26/2024, 7:04:00 PM)

After market: 75 0 (0%)

75

-0.95 (-1.25%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg-1.25%
1 Week2.07%
2 Weeks2.94%
1 Month-1.48%
3 Month26.22%
6 Month31.65%
12 Month33.93%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.6
ATR(20)%2.08%
ATR Inc
Range Today1.19
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 High76.15
10 Day Low71.16
20 Day High76.75
20 Day Low71.16
52 Week High76.75
52 Week Low53.79
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume244.80K
Volume Incr-31.37%
Vol(5)329.70K
Vol(50)519.15K