SMITH DOUGLAS HOMES CORP (SDHC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SDHC - US83207R1077 - Common Stock
Taking everything into account, SDHC scores 6 out of 10 in our technical rating. In the last year, SDHC was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
SDHC has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
16.08
We found 1 important support area.
- Support @16.24 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 20.84 to 21.01. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @22.07 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for SDHC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SDHC is up. |
| ChartMill Relative Strength | 15.54 | NEGATIVE | SDHC has a low relative strength, it was outperformed by 84.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SDHC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SDHC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SDHC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.89 | NEUTRAL | The RSI value for SDHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.42 | POSITIVE | The MACD value suggests SDHC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.54 | OVERBOUGHT | The high Stochastics value suggests SDHC may be overbought. |
| Average True Range in percent/ATR (20) | 4.93 | MEDIUM VOLATILITY | The ATR as a percentage value for SDHC suggests some volalility. |
| Average Directional Index/ADX (14) | 36.19 | POSITIVE | The high ADX value value for SDHC suggests a strong trend. |
20.69
-0.8 (-3.72%)
SMITH DOUGLAS HOMES CORP / SDHC FAQ
Can you provide the ChartMill technical rating for SMITH DOUGLAS HOMES CORP?
ChartMill assigns a technical rating of 6 / 10 to SDHC.
Can you provide the trend direction for SMITH DOUGLAS HOMES CORP?
The current trend direction for SMITH DOUGLAS HOMES CORP (SDHC) is Bearish.
What is the RSI signal for SDHC stock?
SMITH DOUGLAS HOMES CORP (SDHC) has an RSI value of 66.8906. This indicates that the stock is currently neutral.
What is the short term momentum for SDHC stock?
The short term momentum for SMITH DOUGLAS HOMES CORP (SDHC) is positive.
Can you provide the support and resistance levels for SMITH DOUGLAS HOMES CORP?
SMITH DOUGLAS HOMES CORP (SDHC) has a support level at 16.24 and a resistance level at 20.84. Check the full technical report for our detailed analysis of SDHC support and resistance levels.