Free Smith & Wesson Brands Inc. (SWBI) Technical Analysis Signals

Overal Signal
Hold
Signals
Neutral Buy Hold Hold
Last Update / Period
06 Dec / Daily
Category/Currency
Stocks/USD
Exchange/Country
XNMS/United States

Smith & Wesson Brands Inc. (SWBI) signal with technical analysis on 06 Dec

On 06 Dec, we conducted a comprehensive technical analysis of Smith & Wesson Brands Inc. (SWBI), considering 256 signals with intricate details. Here are the key findings: 109 signals suggested buy strategies, while 37 indicated sell strategies. The remaining 110 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 20
Sell Signals: 19
Neutral Signals: 25
Result: This strategy leads to a Neutral position.

Strategy 2:
Buy Signals: 32
Sell Signals: 3
Neutral Signals: 29
Result: This strategy leads to a Buy position.

Strategy 3:
Buy Signals: 28
Sell Signals: 8
Neutral Signals: 28
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 29
Sell Signals: 7
Neutral Signals: 28
Result: This strategy leads to a Hold position.

Overall Strategy:
Buy Signals: 109
Sell Signals: 37
Neutral Signals: 110
Result: This strategy leads to a Hold position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. 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 highly recommend visiting the "Magic Prediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


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


Based on the signals, we offer the following recommendations:

Smith & Wesson Brands Inc. (SWBI) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, based on the consensus of our technical analysis signals, it is advised to maintain your current position with increased vigilance and caution. However, always be careful and closely monitor market developments.

Smith & Wesson Brands Inc. (SWBI) trading strategy for those in sell positions (short positions): If you are currently in a sell (short) position, it is recommended to carefully time your exit based on the combination of technical analysis signals. If you have a high risk tolerance, consider waiting for potential market movements in the coming days.

For new positions: If you are not currently in the market or are considering switching to a buy (long) position, it is advisable to consider the projected price range. This range represents a potential upside of 23.62%, determined by the highest predicted price. However, before initiating a buy position, conduct thorough research to ensure it fits your risk tolerance and investment goals.

In all your trading endeavors, implementing a well-defined stop-loss strategy is crucial to managing potential downside risks effectively.

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

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

Given our current long position in Smith & Wesson Brands Inc. (SWBI), analyzing key resistance levels is crucial to better understand its price movement. These resistance levels are important benchmarks for our strategy, and we will explore multiple scenarios to provide a comprehensive outlook.

First resistance level (14.86): The primary hurdle is the 14.86 price level. If the prevailing trend remains unchanged, Smith & Wesson Brands Inc. (SWBI) could break above this level, indicating its strength and potential for further growth.

Second resistance level (16.85): If the upward trend shows significant strength, Smith & Wesson Brands Inc. (SWBI) may cross the second resistance level at 16.85, signaling a significant upside move and a promising direction for our position.

Third resistance level (18.05): For a more comprehensive analysis, we should consider a scenario where Smith & Wesson Brands Inc. (SWBI) not only breaks the second resistance level but also holds its price above this benchmark. If this trend continues in the coming days, it could pave the way for Smith & Wesson Brands Inc. (SWBI) to reach the third resistance level at 18.05.
It's crucial to monitor these resistance levels closely and understand them within the context of overall market trends and indicators. To make informed decisions while trading Smith & Wesson Brands Inc. (SWBI), stay alert and continuously analyze the market. By considering these resistance levels and broader market dynamics, you can make smarter trading choices and better adapt to the evolving 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 14.86 16.85 18.05 -- --
Support 12.12 11.726 10.649 10.048 --
 Smith & Wesson Brands Inc. (SWBI) Support and Resistance area (06 Dec)

Smith & Wesson Brands Inc. (SWBI) signals list for 06 Dec

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Smith & Wesson Brands Inc. (SWBI) candlestick patterns on 06 Dec

Today's Smith & Wesson Brands Inc. (SWBI) Candle Patterns List:

Closing Marubozu

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

# Date Overal Signals ALL Signals
1 05 Dec Hold NeutralHoldHoldHold
2 04 Dec Buy BuyHoldHoldHold
3 03 Dec Sell SellHoldHoldHold
4 02 Dec Buy BuyHoldHoldHold
5 29 Nov Hold NeutralHoldHoldHold
6 27 Nov Hold HoldHoldHoldHold
7 26 Nov Hold HoldHoldHoldHold
8 25 Nov Buy HoldHoldBuyHold
9 22 Nov Buy HoldBuyNeutralBuy
10 21 Nov Buy BuyNeutralNeutralHold
11 20 Nov Sell SellHoldHoldSell
12 19 Nov Hold NeutralHoldHoldNeutral
13 18 Nov Hold HoldHoldHoldNeutral
14 15 Nov Hold HoldHoldHoldHold
15 14 Nov Hold HoldHoldHoldHold
16 13 Nov Sell HoldHoldSellSell
17 12 Nov Sell SellSellHoldNeutral
18 11 Nov Buy BuyHoldBuyHold
19 08 Nov Buy HoldBuyNeutralBuy
20 07 Nov Sell SellNeutralNeutralNeutral
21 06 Nov Neutral NeutralNeutralHoldNeutral
22 05 Nov Hold HoldHoldHoldHold
23 04 Nov Buy BuyBuyBuyBuy
24 01 Nov Hold NeutralNeutralNeutralNeutral
25 31 Oct Sell SellHoldSellNeutral
26 30 Oct Hold NeutralSellNeutralNeutral
27 29 Oct Hold HoldHoldHoldHold
28 28 Oct Buy BuyBuyHoldBuy
29 25 Oct Buy HoldNeutralBuyNeutral
30 24 Oct Hold HoldNeutralNeutralNeutral

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