SMURFIT WESTROCK PLC (SW) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SW - IE00028FXN24 - Common Stock
Taking everything into account, SW scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. SW was also a bad performer in the overall market in the last year.
The technical rating of SW is bad and it also does not present a 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
37.13
When analyzing the support we notice one important area.
- Support @37.50 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 37.70 to 38.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @39.94 from a trend line in the daily time frame.
- Resistance @43.06 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for SW is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SW is up. |
| ChartMill Relative Strength | 14.15 | NEGATIVE | SW has a low relative strength, it was outperformed by 85.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.56 | NEUTRAL | The RSI value for SW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.47 | POSITIVE | The MACD value suggests SW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.26 | NEUTRAL | The Stochastics value for SW is a neutral value. |
| Average True Range in percent/ATR (20) | 2.78 | MEDIUM VOLATILITY | The ATR as a percentage value for SW suggests some volalility. |
| Average Directional Index/ADX (14) | 22.81 | NEUTRAL | The ADX value for SW suggests a possible start of a new trend. |
37.69
+0.15 (+0.4%)
SMURFIT WESTROCK PLC / SW FAQ
Can you provide the ChartMill technical rating for SMURFIT WESTROCK PLC?
ChartMill assigns a technical rating of 2 / 10 to SW.
What is the current trend direction of SMURFIT WESTROCK PLC (SW) stock?
The current trend direction for SMURFIT WESTROCK PLC (SW) is Bearish.
What is the RSI signal for SMURFIT WESTROCK PLC (SW) stock?
SMURFIT WESTROCK PLC (SW) has an RSI value of 56.5569. This indicates that the stock is currently neutral.
What is the short term momentum for SW stock?
The short term momentum for SMURFIT WESTROCK PLC (SW) is positive.
What is the support and resistance level for SW stock?
SMURFIT WESTROCK PLC (SW) has a support level at 37.5 and a resistance level at 37.7. Check the full technical report for our detailed analysis of SW support and resistance levels.