Free Smith & Wesson Brands Inc. (SWBI) Technical Analysis Signals | Free Stock Technical Analysis Signals | 15 Jun

Overal Signals
Hold Hold Hold Sell
Last Update / Period
15 Jun / Daily

Smith & Wesson Brands Inc. (SWBI) signal with technical analysis on 15 Jun

On May 5, 2023, we conducted a comprehensive technical analysis of Bitcoin, considering 256 signals with intricate details. Here are the key findings: 27 suggested buy signal strategies, while 119 indicated sell signal strategies. The remaining 110 strategies remained neutral without providing any specific signal.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's delve into the details of each strategy:

Strategy 1:
Buy Signals: 5
Sell Signals: 33
Neutral Signals: 26
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 6
Sell Signals: 33
Neutral Signals: 25
Result: This strategy leads to a Hold position.

Strategy 3:
Buy Signals: 6
Sell Signals: 30
Neutral Signals: 28
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 10
Sell Signals: 23
Neutral Signals: 31
Result: This strategy leads to a Sell position.

Overal Strategy :
Buy Signals: 27
Sell Signals: 119
Neutral Signals: 110
Result: This strategy leads to a Sell position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are solely based on daily price changes and do not take external factors such as news, market sentiment, or company developments into account. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your Smith & Wesson Brands Inc. (SWBI) investments, we strongly recommend visiting the "Magic Analysis" technical analysis website. They also provide signals for free, and if a signal aligns with ours, it's likely to be a reliable and valid indicator, as we've seen over time.

SSResult: Looking at the technical analysis for Smith & Wesson Brands Inc. (SWBI) on th, it appears that there is a tendency toward a sell signal based on historical data and analysis. However, it's essential to remember that these signals are not guarantees, and making investment decisions should be done carefully. It's important to consider the overall market conditions and how your choices align with your specific investment goals.

According to the above signals and forecasts, we recommend the following methods:
Smith & Wesson Brands Inc. (SWBI) trading strategy for those who are in buy positions (long positions): If you are currently in a buy position (long position), it is recommended to choose the optimal time to exit the current position based on the combination of technical analysis signals. If you have a high risk tolerance, wait for the market to move in the coming days.
Smith & Wesson Brands Inc. (SWBI) trading strategy for those who are in sell positions (short positions): If you are currently in a sell position (short position), holding your position may be the right strategy based on the consensus of our technical analysis signals. However, always be careful and monitor market developments closely.
For new positions: If you are not currently invested or are considering switching to a short position, it is recommended to consider the expected price range, which represents a potential downside of 28.82% based on the lowest expected price. Before entering into a selling position, be careful and do thorough research to ensure it is compatible with your risk tolerance and investment objectives.

In all your trading endeavors, the implementation of a well-defined stop loss strategy is paramount to manage potential downside risks effectively.

Useful Tips 2:, for those interested in long-term forecasting, we suggest utilizing the "predict-price" website, which offers both short-term and long-term predictions for free. This can help you make well-informed decisions for your Smith & Wesson Brands Inc. (SWBI) holdings.

Smith & Wesson Brands Inc. (SWBI) Price Analysis and Support Levels:

In our current Smith & Wesson Brands Inc. (SWBI) position, we find ourselves in a short position, anticipating a potential downward trend in the market. It's essential to have a clear understanding of the support levels that can come into play. These levels act as key reference points for traders and investors to make informed decisions.

First Support Level: 14.859999656677
The initial support level at 14.859999656677 is where we are closely monitoring the price. It serves as a critical point in our analysis. If the current downward trend persists without any signs of reversal, this level may be breached. This would imply that the selling pressure is quite substantial and might indicate further potential for price depreciation.

Second Support Level: 12.420000076294
In the event that the first support level at 14.859999656677 is broken, the second support level at 0 becomes pivotal. Breaking this level suggests a stronger downward momentum, which could be attributed to market sentiment, external factors, or a combination of both.

Third Support Level: 11.952211380005
Now, if the price continues to decline, and the second support level at 12.420000076294 is confirmed as broken, it would signal a significant shift in market dynamics. Remaining below this level would be a strong indication that the downward trend is persisting. In this scenario, it's not uncommon for traders to anticipate the next level of support, which is at 11.952211380005.

It's crucial to remember that these support levels should be looked at closely and understood in the context of overall market trends and indicators. To make well-informed decisions while trading Smith & Wesson Brands Inc. (SWBI), it's essential to stay alert and keep analyzing the market consistently. This will be valuable as we navigate the ever-changing world of Smith & Wesson Brands Inc. (SWBI) trading. By paying attention to these support levels and considering broader market dynamics, you can make smarter trading choices and adapt to the dynamic nature of this market.

Smith & Wesson Brands Inc. (SWBI) technical analysis chart

Smith & Wesson Brands Inc. (SWBI) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 16.370000839233 16.889999389648 18.049999237061 -- --
Support 14.859999656677 12.420000076294 11.952211380005 10.24192905426 --
Smith & Wesson Brands Inc. (SWBI) price movement in the coming days

Smith & Wesson Brands Inc. (SWBI) signals list for 15 Jun

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Smith & Wesson Brands Inc. (SWBI) technical analysis over the past days

# Date Overal Signals ALL Signals
1 14 Jun Sell HoldHoldHoldSell
2 13 Jun Sell SellSellSellNeutral
3 12 Jun Hold NeutralNeutralNeutralNeutral
4 11 Jun Buy BuyNeutralBuyBuy
5 10 Jun Hold HoldNeutralNeutralNeutral
6 07 Jun Buy HoldNeutralBuyNeutral
7 06 Jun Sell SellNeutralNeutralNeutral
8 05 Jun Hold NeutralNeutralNeutralNeutral
9 04 Jun Neutral NeutralHoldHoldNeutral
10 03 Jun Hold HoldHoldHoldNeutral
11 31 May Buy HoldHoldBuyNeutral
12 30 May Buy BuyBuyNeutralHold
13 29 May Sell SellHoldHoldHold
14 28 May Hold NeutralHoldHoldHold
15 24 May Hold NeutralHoldHoldHold
16 23 May Hold NeutralHoldHoldHold
17 22 May Hold HoldHoldHoldHold
18 21 May Hold HoldHoldHoldHold
19 20 May Hold HoldHoldHoldHold
20 17 May Hold HoldHoldHoldHold
21 16 May Hold HoldHoldHoldHold
22 15 May Hold HoldHoldHoldHold
23 14 May Hold HoldHoldHoldHold
24 13 May Hold HoldHoldHoldHold
25 10 May Hold HoldHoldHoldHold
26 09 May Hold HoldHoldHoldHold
27 08 May Hold HoldHoldHoldHold
28 07 May Sell SellHoldSellHold
29 06 May Sell NeutralSellNeutralSell
30 03 May Buy BuyHoldNeutralNeutral

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