SM ENERGY CO (SM)
US78454L1008 - Common Stock
We assign a technical rating of 7 out of 10 to SM. SM has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month SM has a been trading in the 39.70 - 46.42 range, which is quite wide. It is currently trading near the high of this range.
SM has an average volume of 1635860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, SM turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
SM is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 62% of 206 stocks in the same industry.
SM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SM is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SM has an excellent technical rating, but the quality of the setup is only medium 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
38.38
46.66
5 important support areas can be observed.
- A support zone ranging from 44.35 to 44.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 42.77 to 43.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 41.07 to 41.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @40.27 from a horizontal line in the daily time frame.
- A support zone ranging from 38.77 to 39.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @46.20 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.85
Mansfield-0.66
10 Day High46.42
10 Day Low42.64
20 Day High46.42
20 Day Low39.7
52 Week High53.26
52 Week Low34.13
Performance
1 Week6.23%
2 Weeks6.13%
1 Month5.86%
3 Month0.48%
6 Month-4.22%
12 Month20.97%
2 Year6.77%
3 Year58.72%
5 Year453.91%
10 Year5.94%
15 Year42.16%
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)0.29
RSI(14)61.92
LBB41.72
UBB46.18
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 |
|---|---|---|---|
| 46.21 | 44.34 | 1.87 (4.05%) | 24.71% |
| An entry @46.21. This is a Buy Stop order right above the resistance zone. | An exit @44.34. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.87 points, which is 4.05%. | For a 1.00% total portfolio risk, you can invest 24.71% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SM. 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.
SM ENERGY CO
NYSE:SM (11/22/2024, 8:05:16 PM)
After market: 46.03 0 (0%)46.03
+0.57 (+1.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.25%
1 Week6.23%
2 Weeks6.13%
1 Month5.86%
3 Month0.48%
6 Month-4.22%
12 Month20.97%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.44
ATR(20)%3.33%
ATR Inc
Range Today1.41
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 High46.42
10 Day Low42.64
20 Day High46.42
20 Day Low39.7
52 Week High53.26
52 Week Low34.13
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.01M
Volume Incr-28.36%
Vol(5)994.74K
Vol(50)1.64M