Overall SWIM gets a technical rating of 2 out of 10. SWIM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, SWIM does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 7.10. Right above this resistance zone may be a good entry point.
6.07
When analyzing the support we can see 5 important areas.
We can see 3 important resistance areas.
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 SWIM is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SWIM is neutral. |
| ChartMill Relative Strength | 24.62 | NEGATIVE | SWIM has a low relative strength, it was outperformed by 75.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SWIM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SWIM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SWIM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.95 | NEUTRAL | The RSI value for SWIM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SWIM has a positive trend. |
| Stochastics (14,3) | 59.53 | NEUTRAL | The Stochastics value for SWIM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.67 | MEDIUM VOLATILITY | The ATR as a percentage value for SWIM suggests some volalility. |
| Average Directional Index/ADX (14) | 16.37 | NEGATIVE | The low ADX value for SWIM suggests a weak or negative trend. |
7.06
+0.17 (+2.47%)
ChartMill assigns a technical rating of 2 / 10 to SWIM.
The current trend direction for LATHAM GROUP INC (SWIM) is Bearish.
LATHAM GROUP INC (SWIM) has an RSI value of 51.9509. This indicates that the stock is currently neutral.
The MACD indicator for LATHAM GROUP INC (SWIM) has a value of 0.0181788, indicating a bearish trend.