Schweitzer-Mauduit Technical Analysis (NYSE:SWM)
Technical analysis relies on the belief that future price movements of a stock can be forecasted through the study of historical market data and technical charts. The Schweitzer-Mauduit stock price data and volume are plotted in SWM stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Schweitzer-Mauduit. The technical analysis form of Schweitzer-Mauduit stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Schweitzer-Mauduit Moving Average
Moving averages show the average price of SWM stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $39.94 is below the price of $41.71.
Schweitzer-Mauduit Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Schweitzer-Mauduit. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Schweitzer-Mauduit bollinger bands show that the stock price is $41.71, upper band is 42.41, lower band is 37.47, and the average is 39.94.
Schweitzer-Mauduit Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Schweitzer-Mauduit MACD line is below the signal line.
Schweitzer-Mauduit Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . If the RSI of SWM stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.