Smith & Wesson Brands (SWBI) Technical Analysis

Technical analysis for Smith & Wesson Brands, Inc. (SWBI) involves the study of historical price and volume data. By analyzing these data points, investors and traders can identify potential trends and patterns in the stock's price movements. One commonly used technical indicator is the relative strength index (RSI), which measures the speed and change of price movements. The RSI for SWBI stock can help determine whether the stock is overbought or oversold. Another important indicator is the average directional index (ADX), which measures the strength of a stock's trend. A high ADX value suggests a strong trend, while a low value indicates a weak trend.

The moving average convergence divergence (MACD) is another popular technical indicator for SWBI stock. It plots the difference between two exponential moving averages and helps identify potential changes in the stock's momentum. The rate of change (ROC) is a momentum oscillator that measures the speed of price changes. A positive ROC indicates upward momentum, while a negative ROC suggests downward momentum. The stochastic relative strength index (STOCHRSI) combines aspects of both the RSI and stochastic oscillator, providing a more comprehensive analysis of overbought and oversold conditions. Another momentum oscillator is the Williams %R (WILLR) indicator, which measures overbought and oversold levels.