SHOCKWAVE MEDICAL INC (SWAV) Stock Technical Analysis
NASDAQ:SWAV - Nasdaq - US82489T1043 - Common Stock - Currency: USD
Overall SWAV gets a technical rating of 9 out of 10. Both in the recent history as in the last year, SWAV has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
SWAV is part of the Health Care Equipment & Supplies industry. There are 191 other stocks in this industry. SWAV outperforms 85% of them.
SWAV is currently making a new 52 week high. This is a strong signal, certainly because the S&P500 Index is not trading near new highs.
SWAV has an average volume of 1453740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that SWAV is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month SWAV has a been trading in a tight range between 329.50 and 334.90.
Volume is considerably higher in the last couple of days.
SWAV 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
321.83
338.19
We found 1 important support area.
- A support zone ranging from 325.08 to 334.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 334.76 to 334.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.72
Mansfield2.02
10 Day High334.9
10 Day Low329.55
20 Day High334.9
20 Day Low329.5
52 Week High334.9
52 Week Low157
Performance
1 Week0.22%
2 Weeks1.17%
1 Month1.49%
3 Month27.08%
6 Month83.73%
12 Month15.77%
2 Year103.86%
3 Year86.08%
5 Year459.88%
10 YearN/A
15 YearN/A
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)-0.47
RSI(14)77.62
LBB328.09
UBB336.15
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 |
|---|---|---|---|
| 334.85 | 329.54 | 5.31 (1.59%) | 25.00% |
| An entry @334.85. This is a Buy Stop order right above the resistance zone. | An exit @329.54. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 5.31 points, which is 1.59%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.40%. |
- 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.
334.75
-0.08 (-0.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.02%
1 Week0.22%
2 Weeks1.17%
1 Month1.49%
3 Month27.08%
6 Month83.73%
12 Month15.77%
2 Year103.86%
3 Year86.08%
5 Year459.88%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.89
ATR(20)%0.27%
ATR Inc-70.86%
Range Today0.19
ADR(20)0.63
ADR(20)%0.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.72
Mansfield2.02
10 Day High334.9
10 Day Low329.55
20 Day High334.9
20 Day Low329.5
52 Week High334.9
52 Week Low157
CS1 End334.46
CR1 Start334.76
Volume & EV
DER(3)3.94%
DER(5)2.29%
Volume4.71M
Volume Incr181.07%
Vol(5)2.02M
Vol(50)1.45M