Logo image of SDC

SMILEDIRECTCLUB INC (SDC) Stock Technical Analysis

NASDAQ:SDC - Nasdaq - US83192H1068 - Common Stock - Currency: USD

0.075  -0.09 (-53.45%)

After market: 0.065 -0.01 (-13.33%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to SDC. SDC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
100% of all other stocks performed better in the past year than SDC.
SDC is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 91% of 188 stocks in the same industry do better.
SDC is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so SDC is lagging the market.
In the last month SDC has a been trading in the 0.07 - 0.49 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
SDC has an average volume of 4679300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
SMILEDIRECTCLUB INC / SDC Weekly stock chart
SMILEDIRECTCLUB INC / SDC Daily stock chart
Setup Rating and Analysis

1

The technical rating of SDC is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for SDC is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for SDC is down.
ChartMill Relative Strength0.37NEGATIVESDC has a low relative strength, it was outperformed by 99.63% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of SDC is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of SDC is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of SDC is below a declining SMA(200).
Relative Strength Index/RSI (14)21.52OVERSOLDThe low RSI value suggests SDC may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.02NEGATIVEThe MACD value suggests SDC has a negative trend.
Stochastics (14,3)14.22OVERSOLDThe low Stochastics value suggests SDC may be oversold.
Average True Range in percent/ATR (20)77.3HIGH VOLATILITYThe high ATR as a percentage value for SDC suggests high volalility.
Average Directional Index/ADX (14)21.84NEUTRALThe ADX value for SDC suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
SMILEDIRECTCLUB INC / SDC Daily stock chart

SMILEDIRECTCLUB INC

NASDAQ:SDC (10/3/2023, 8:22:02 PM)

After market: 0.065 -0.01 (-13.33%)

0.075

-0.09 (-53.45%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-53.45%
1 Week-82.56%
2 Weeks-82.6%
1 Month-83.41%
3 Month-86.34%
6 Month-80.77%
12 Month-91.96%
2 Year-98.54%
3 Year-99.16%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%77.3%
ATR Inc302.62%
Range Today0.05
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.37
Mansfield-8.58
10 Day High0.5
10 Day Low0.07
20 Day High0.5
20 Day Low0.07
52 Week High1.09
52 Week Low0.07
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-8.31%
DER(5)-2.13%
Volume65.74M
Volume Incr2534.01%
Vol(5)26.21M
Vol(50)4.68M