SMITH DOUGLAS HOMES CORP (SDHC) Stock Technical Analysis
USA - NYSE:SDHC - US83207R1077 - Common Stock
We assign a technical rating of 1 out of 10 to SDHC. SDHC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
SDHC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 17.82. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for SDHC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
16.80
When analyzing the support we notice one important area.
- A support zone ranging from 16.97 to 17.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 17.82 to 17.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.61 from a trend line in the daily time frame.
- Resistance @20.84 from a horizontal line in the weekly time frame.
- Resistance @21.71 from a trend line in the daily 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 | DOWN | NEGATIVE | The long term trend for SDHC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SDHC is neutral. |
| ChartMill Relative Strength | 10.3 | NEGATIVE | SDHC has a low relative strength, it was outperformed by 89.7% 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) | DOWN | MIXED | The current price of SDHC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SDHC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.88 | NEUTRAL | The RSI value for SDHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests SDHC has a positive trend. |
| Stochastics (14,3) | 51.05 | NEUTRAL | The Stochastics value for SDHC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.57 | MEDIUM VOLATILITY | The ATR as a percentage value for SDHC suggests some volalility. |
| Average Directional Index/ADX (14) | 23.35 | NEUTRAL | The ADX value for SDHC suggests a possible start of a new trend. |
17.81
+0.43 (+2.47%)
SMITH DOUGLAS HOMES CORP / SDHC FAQ
Can you provide the ChartMill technical rating for SMITH DOUGLAS HOMES CORP?
ChartMill assigns a technical rating of 1 / 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 53.8782. 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 neutral.
Can you provide the support and resistance levels for SMITH DOUGLAS HOMES CORP?
SMITH DOUGLAS HOMES CORP (SDHC) has a support level at 17.24 and a resistance level at 17.82. Check the full technical report for our detailed analysis of SDHC support and resistance levels.