Sm Energy $SM Technical Update

The Sm Energy (NYSE: SM) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for SM, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

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Technical Summary

Term →Near Mid Long
Bias Weak Strong Strong
P1 28.92 30.22 26.83
P2 30.25 32.61 31.45
P3 32.76 34.67 36.05

Long Term Trading Plans for SM

October 12, 2018, 9:30 am ET

The Technical Summary and Trading Plans for SM help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this SM Report.

SM - (Long) Support Plan

Buy over 26.83 target 31.45 stop loss @ 26.57.
The technical summary data tells us to buy SM near 26.83 with an upside target of 31.45. This data also tells us to set a stop loss @ 26.57 to protect against excessive loss in case the stock begins to move against the trade. 26.83 is the first level of support below 29.25 , and by rule, any test of support is a buy signal. In this case, support 26.83 would be being tested, so a buy signal would exist.

SM - (Short) Resistance Plan

Short under 31.45 target 26.83 stop loss @ 31.71.
The technical summary data is suggesting a short of SM as it gets near 31.45 with a downside target of 26.83. We should have a stop loss in place at 31.71 though. 31.45 is the first level of resistance above 29.25, and by rule, any test of resistance is a short signal. In this case, if resistance 31.45 is being tested, so a short signal would exist.

SM Long Term Analysis

SM EPS Analysis

SM Dividend Chart

SM Revenue chart

SM Growth rate - Quarterly

SM Growth rate - Yearly

SM PE chart

SM PEG chart