SOUTHWEST GAS HOLDINGS INC (SWX) Stock Technical Analysis
NYSE:SWX - New York Stock Exchange, Inc. - US8448951025 - Common Stock - Currency: USD
Overall SWX gets a technical rating of 5 out of 10. In the last year, SWX was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
61% of all other stocks performed better in the past year than SWX.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
SWX is one of the better performing stocks in the Gas Utilities industry, it outperforms 88% of 86 stocks in the same industry.
In the last month SWX has a been trading in the 67.65 - 74.48 range, which is quite wide. It is currently trading near the high of this range.
SWX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SWX is lagging the market slightly.
SWX has an average technical rating and it also does not offer a high quality setup 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
66.24
79.95
We found 3 important support areas.
- A support zone ranging from 71.78 to 72.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 68.16 to 70.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @66.91 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 76.13 to 76.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 78.16 to 79.16. 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 | UP | POSITIVE | The short term trend for SWX is up. |
| ChartMill Relative Strength | 39.54 | 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) | 57.74 | NEUTRAL | The RSI value for SWX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests SWX has a positive trend. |
| Stochastics (14,3) | 80.27 | OVERBOUGHT | The high Stochastics value suggests SWX may be overbought. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for SWX suggests some volalility. |
| Average Directional Index/ADX (14) | 10.72 | NEGATIVE | The low ADX value for SWX suggests a weak or negative trend. |
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)
73.93
+0.16 (+0.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryGas Utilities
Performance
% Chg0.22%
1 Week3.08%
2 Weeks2.72%
1 Month4.04%
3 Month-1.6%
6 Month6.15%
12 Month0.53%
2 Year16.15%
3 Year-15.1%
5 Year7.07%
10 Year38.94%
15 Year150.61%
Volatility
ATR(14)1.42
ATR(20)%2.06%
ATR Inc21.97%
Range Today1.22
ADR(20)1.44
ADR(20)%1.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.54
Mansfield-0.3
10 Day High74.48
10 Day Low70.03
20 Day High74.48
20 Day Low67.65
52 Week High80.29
52 Week Low64.31
CS1 End72.59
CR1 Start76.13
Volume & EV
DER(3)-3.23%
DER(5)-3.03%
Volume651.90K
Volume Incr2.2%
Vol(5)448.96K
Vol(50)424.03K