1SMCI Technical Analysis - SUPER MICRO COMPUTER INC

Technical Rating and Analysis

Overall 1SMCI gets a technical rating of 5 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, 1SMCI is a bad performer.

100% of all other stocks performed better in the past year than 1SMCI.

1SMCI is part of the Technology Hardware, Storage & Peripherals industry. There are 28 other stocks in this industry, of which 92% are performing better than 1SMCI.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.

In the last month 1SMCI has a been trading in the 33.95 - 41.01 range, which is quite wide. It is currently trading near the high of this range.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

SUPER MICRO COMPUTER INC / 1SMCI Weekly stock chart

SUPER MICRO COMPUTER INC / 1SMCI Daily stock chart

Setup Rating and Analysis

Although the technical rating is only medium, 1SMCI does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

33.93

52.22

When analyzing the support we can see 2 important areas.

A support zone ranging from 34.91 to 35.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
A support zone ranging from 34.27 to 34.27. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 4 important areas.

Resistance @39.67 from a horizontal line in the weekly time frame.
Resistance @40.39 from a horizontal line in the daily time frame.
Resistance @46.11 from a trend line in the weekly time frame.
Resistance @51.70 from a trend line in the daily time frame.

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What is Support and Resistance

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Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	UP	POSITIVE	The long term trend for 1SMCI.MI is up.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for 1SMCI.MI is neutral.
ChartMill Relative Strength	0	NEGATIVE	1SMCI.MI has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of 1SMCI.MI is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	MIXED	The current price of 1SMCI.MI is below the rising SMA(50).
Relative Strength Index/RSI (14)	51.2	NEUTRAL	The RSI value for 1SMCI.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.43	POSITIVE	The MACD value suggests 1SMCI.MI has a positive trend.
Stochastics (14,3)	69.92	NEUTRAL	The Stochastics value for 1SMCI.MI is a neutral value.
Average True Range in percent/ATR (20)	4.6	MEDIUM VOLATILITY	The ATR as a percentage value for 1SMCI.MI suggests some volalility.
Average Directional Index/ADX (14)	17.13	NEGATIVE	The low ADX value for 1SMCI.MI suggests a weak or negative trend.