Londinia Opportunities Analyses - 09/22/2022 (GMT) SM ENERGY COMPANY - 1H

- USD (-)

- 15 min delayed data - NYSE Stocks

Type:	Stocks
Ticker:	SM
ISIN:

Londinia

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.

U.S. Stocks
Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

11%

72%

17%

My opinion

Bearish under 41.02 USD

My targets

38.60 USD (-3.36%)

37.15 USD (-6.99%)

My analysis

SM ENERGY COMPANY is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 41.02 USD. The next support located at 38.60 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 37.15 USD. Below this support, sellers could then target 32.76 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

Force

Analysis too old. There are no more charts available.

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Additional analysis

Quotes

The SM ENERGY COMPANY rating is 39.94 USD. On the day, this instrument lost -2.51% with the lowest point at 39.88 USD and the highest point at 42.35 USD. The deviation from the price is +0.15% for the low point and -5.69% for the high point.

39.88

42.35

39.94

Here is a more detailed summary of the historical variations registered by SM ENERGY COMPANY:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of SM ENERGY COMPANY in 1H shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

Technical indicators are strongly bearish, suggesting that the price decline is expected to continue.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	32.76	37.15	38.60	39.94	40.09	41.02	42.30
Change (%)	-17.98%	-6.99%	-3.36%	-	+0.38%	+2.70%	+5.91%
Change	-7.18	-2.79	-1.34	-	+0.15	+1.08	+2.36
Level	Major	Minor	Intermediate	-	Major	Minor	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	37.14	39.01	39.99	41.86	42.84	44.71	45.69
Camarilla	40.19	40.45	40.71	40.97	41.23	41.49	41.75
Woodie	36.70	38.79	39.55	41.64	42.40	44.49	45.25
Fibonacci	39.01	40.10	40.77	41.86	42.95	43.62	44.71

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	34.72	38.24	40.77	44.29	46.82	50.34	52.87
Camarilla	41.64	42.19	42.75	43.30	43.86	44.41	44.96
Woodie	34.23	37.99	40.28	44.04	46.33	50.09	52.38
Fibonacci	38.24	40.55	41.98	44.29	46.60	48.03	50.34

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	25.49	30.46	37.26	42.23	49.03	54.00	60.80
Camarilla	40.83	41.91	42.99	44.07	45.15	46.23	47.31
Woodie	26.42	30.92	38.19	42.69	49.96	54.46	61.73
Fibonacci	30.46	34.95	37.73	42.23	46.72	49.50	54.00

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	30.31
MACD (12,26,9):	-0.7900
Directional Movement:	-15.60
AROON (14):	-64.28
DEMA (21):	40.28
Parabolic SAR (0,02-0,02-0,2):	42.82
Elder Ray (13):	-0.85
Super Trend (3,10):	42.30
Zig ZAG (10):	40.09
VORTEX (21):	0.8500
Stochastique (14,3,5):	5.40
TEMA (21):	40.10
Williams %R (14):	-96.87
Chande Momentum Oscillator (20):	-2.02
Repulse (5,40,3):	-1.8700
ROCnROLL:	2
TRIX (15,9):	-0.2400
Courbe Coppock:	6.21

MA7:	42.92
MA20:	43.92
MA50:	40.84
MA100:	40.47
MAexp7:	40.45
MAexp20:	41.32
MAexp50:	42.56
MAexp100:	43.18
Price / MA7:	-6.94%
Price / MA20:	-9.06%
Price / MA50:	-2.20%
Price / MA100:	-1.31%
Price / MAexp7:	-1.26%
Price / MAexp20:	-3.34%
Price / MAexp50:	-6.16%
Price / MAexp100:	-7.50%

Quotes : - 15 min delayed data - Actions NYSE

News

The last news published on SM ENERGY COMPANY at the time of the generation of this analysis was as follows: