Safeway Inc. (SWY) Technical Analysis
NYSE:SWY • US7865142084
Current stock price
SWY Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to SWY. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SWY is only an average performer.
- The long and short term trends are both positive. This is looking good!
- SWY has an average volume of 3984170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, SWY outperforms 64% of them, which is more or less in line with the market.
- SWY 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 SWY is lagging the market slightly.
- In the last month SWY has a been trading in a tight range between 35.05 and 35.45.
- Volume is considerably higher in the last couple of days.
SWY Weekly and Daily overview Charts
SWY Setup Rating and Analysis
SWY has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 34.98, a Stop Loss order could be placed below this zone.
More info and screens
SWY Support and Resistance Analysis
32.94
2 important support areas can be observed.
- A support zone ranging from 34.96 to 34.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 33.27 to 33.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 35.12 to 35.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @38.61 from a horizontal line in the weekly time frame.
SWY 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 SWY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SWY is up. |
| ChartMill Relative Strength | 64.27 | NEUTRAL | SWY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SWY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SWY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SWY is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.09 | NEUTRAL | The RSI value for SWY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests SWY has a negative trend. |
| Average True Range in percent/ATR (20) | 0.33 | LOW VOLATILITY | The low ATR as a percentage value for SWY suggests low volalility. |
SWY Chart- and CandleStick Pattern Analysis
SWY 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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 35.19 | 35.04 | 0.15 (0.44%) | 25.00% |
| An entry @35.19. This is a Buy Stop order right above the 10 day moving average. | An exit @35.04. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.15 points, which is 0.44%. | For a 0.11% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SWY. Please evaluate whether better entry and exit points can be found.
- 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.
SWY Technicals: Chart, Performance Metrics, Trend & Indicators
35.1
-0.04 (-0.11%)
Safeway Inc. / SWY TA FAQ
Can you provide the ChartMill technical rating for Safeway Inc.?
ChartMill assigns a technical rating of 6 / 10 to SWY.
Can you provide the trend direction for Safeway Inc.?
The current trend direction for Safeway Inc. (SWY) is Bullish.
Can you provide the RSI signal for Safeway Inc.?
Safeway Inc. (SWY) has an RSI value of 49.0912. This indicates that the stock is currently neutral.
Can you provide the short term momentum for Safeway Inc.?
The short term momentum for Safeway Inc. (SWY) is positive.
What is the buy/sell signal for Safeway Inc. (SWY) stock?
The buy/sell signal for Safeway Inc. (SWY) is buy as both the short term and long term trends are positive.