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(SSD) Simpson Manufacturing complete technical analysis [charts+indicators] | Buy/Sell Simpson Manufacturing | (SSD) share price targets

Complete technical analysis of Simpson Manufacturing (SSD) by charts plus indicators, forecast predictions and share price targets for Simpson Manufacturing (SSD)

Simpson Manufacturing trades in USA in Capital Goods sector.

10 day averaged volume of Simpson Manufacturing is 260350

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 169.56 175.09 175.28 169.44 0.945 times
15 Wed May 2024 175.67 177.81 179.59 175.37 0.775 times
14 Tue May 2024 175.56 176.23 176.78 174.56 0.711 times
13 Mon May 2024 174.28 177.50 178.68 174.16 0.658 times
10 Fri May 2024 176.00 177.04 178.03 175.64 1.3 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 171.7, but if it comes above 171.7, then a intra day buy could be more profitable.
If you take a sell trade below 171.7, then use 171.7 as stoploss and 166.2 as target. However if you take a buy trade in stock , then use 171.7 as stoploss and 176.28 as target.

Share price targets for Simpson Manufacturing (SSD)

Target Type Value
Downside Target 162.69
Downside Target 169.44
Upside Target 184.84
Upside Target 185.27
Upside Target 185.91
Upside Target 187.90
Upside Target 194.81
Upside Target 196.42
Upside Target 205.88
Upside Target 210.72
Upside Target 218.38

Intraday share price targets for Simpson Manufacturing (SSD)

Target Type Value
Downside Intraday Target 166.14
Downside Intraday Target 162.71
Upside Intraday Target 176.29
Upside Intraday Target 183.01
Upside Intraday Target 172.86

Weekly technical analysis of Simpson Manufacturing (SSD)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 169.56 177.50 179.59 169.44 0.512 times
10 Fri May 2024 176.00 182.81 185.27 174.95 0.842 times
03 Fri May 2024 181.05 173.70 184.84 172.52 0.511 times
26 Fri Apr 2024 173.61 184.58 185.91 162.69 2.365 times
19 Fri Apr 2024 184.38 186.37 187.90 178.74 1.226 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Simpson Manufacturing (SSD)

Date Monthly Closing Price Open High Low Volume
16 Thu May 2024 169.56 174.18 185.27 169.44 0.399 times
30 Tue Apr 2024 173.89 205.47 205.88 162.69 1.88 times
28 Thu Mar 2024 205.18 207.95 218.38 194.81 0.867 times
29 Thu Feb 2024 208.68 183.62 210.72 175.60 1.31 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Simpson Manufacturing (SSD)

Indicator Name Indicator Value Indicator Signal
ADX 20, 33, 25 Sell
MACD -7, -7Sell
Stochastics 13Sell
CCI -158Sell
RSI 30Sell
OBV 2134451Sell
VWAP 177Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Simpson Manufacturing ( (SSD) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Simpson Manufacturing ( (SSD) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Simpson Manufacturing ( (SSD) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Simpson Manufacturing ( (SSD) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Simpson Manufacturing stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Simpson Manufacturing in short term and the sell signal is strong.

Simpson Manufacturing Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Simpson Manufacturing in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Simpson Manufacturing is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 177.14 and Simpson Manufacturing (SSD) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Simpson Manufacturing (SSD) stock. Volume based technical analysis of Simpson Manufacturing (SSD) stock is negative.

Simpson Manufacturing Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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