REPORTING FOR 2019-11-08 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how SMG has been trading over the last 2 weeks and the past day especially. On its latest session, Scotts Miracle-Gro Company (The) ($SMG) opened at 104.0, reaching a high of 104.09 and a low of 100.94 before closing at a price of 101.96. There was a total volume of 501136.
VOLUME INDICATORS FOR SCOTTS MIRACLE-GRO COMPANY (THE) ($SMG): We saw an accumulation-distribution index of 7148.5624, an on-balance volume of -103.69, chaikin money flow of 69.0 and a force index of 17.941. There was an ease of movement rating of 0.26438, a volume-price trend of -1.05765 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR SCOTTS MIRACLE-GRO COMPANY (THE) ($SMG): We noted an average true range of 1.41685, bolinger bands of 105.18195, an upper bollinger band of 92.05805, lower bollinger band of 100.94, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 103.01, high band keltner channel of 102.92, low band keltner channel of 103.1, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 100.94, a donchian channel low band of 100.94, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR SCOTTS MIRACLE-GRO COMPANY (THE) ($SMG): We calculated a Moving Average Convergence Divergence (MACD) of -0.1041, a MACD signal of -0.05783, a MACD difference of -0.04627, a fast Exponential Moving Average (EMA) indicator of 100.94, a slow Exponential Moving Average (EMA) indicator of 100.94, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.04416, a trix of -0.83619, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of 1.02529, a KST Oscillator (KST) of -10.05525 and a KST Oscillator (KST Signal) of -10.05525 (leaving a KST difference of -11.37642). We also found an Ichimoku rating of 104.045, an Ichimoku B rating of 104.045, a Ichimoku visual trend A of 104.23132, an Ichimoku visual trend B of 104.03316, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.
MOMENTUM INDICATORS FOR SCOTTS MIRACLE-GRO COMPANY (THE) ($SMG): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 31.71394, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -50.38969, a stochastic oscillator of 3500.0, a stochastic oscillator signal of 3500.0, a Williams %R rating of 3400.0 and an awesome oscillator of -0.6115.
RETURNS FOR SCOTTS MIRACLE-GRO COMPANY (THE) ($SMG): There was a daily return of -1.00552, a daily log return of -4.7058 and a cumulative return of -4.59679.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-08 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Scotts Miracle-Gro Company (The) ($SMG)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Scotts Miracle-Gro Company (The) ($SMG) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.