SMITH DOUGLAS HOMES CORP (SDHC) Technical Analysis
NYSE:SDHC • US83207R1077
Current stock price
SDHC Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to SDHC. SDHC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, SDHC is a bad performer in the overall market: 94% of all stocks are doing better.
- SDHC is part of the Household Durables industry. There are 60 other stocks in this industry, of which 93% are performing better than SDHC.
- SDHC 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 SDHC is lagging the market.
- In the last month SDHC has a been trading in the 11.13 - 17.00 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.
SDHC Weekly and Daily overview Charts
SDHC Setup Rating and Analysis
The technical rating of SDHC is bad and it also does not present a 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
SDHC Support and Resistance Analysis
11.23
We can see 3 important resistance areas.
- A resistance zone ranging from 13.99 to 14.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @18.58 from a trend line in the weekly time frame.
- Resistance @22.59 from a horizontal line in the daily time frame.
SDHC 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 | DOWN | NEGATIVE | The long term trend for SDHC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SDHC is down. |
| ChartMill Relative Strength | 6.85 | NEGATIVE | SDHC has a low relative strength, it was outperformed by 93.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SDHC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SDHC is below 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) | 27.89 | OVERSOLD | The low RSI value suggests SDHC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests SDHC has a negative trend. |
| Stochastics (14,3) | 19.23 | OVERSOLD | The low Stochastics value suggests SDHC may be oversold. |
| Average True Range in percent/ATR (20) | 8.69 | HIGH VOLATILITY | The high ATR as a percentage value for SDHC suggests high volalility. |
| Average Directional Index/ADX (14) | 33.98 | POSITIVE | The high ADX value value for SDHC suggests a strong trend. |
SDHC Chart- and CandleStick Pattern Analysis
SDHC Technicals: Chart, Performance Metrics, Trend & Indicators
11.34
-0.24 (-2.07%)
SMITH DOUGLAS HOMES CORP / SDHC TA FAQ
Can you provide the ChartMill technical rating for SMITH DOUGLAS HOMES CORP?
ChartMill assigns a technical rating of 0 / 10 to SDHC.
What is the current trend direction of SMITH DOUGLAS HOMES CORP (SDHC) stock?
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 27.8878. This indicates that the stock is currently oversold.
What is the buy/sell signal for SDHC stock?
The buy/sell signal for SMITH DOUGLAS HOMES CORP (SDHC) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for SMITH DOUGLAS HOMES CORP (SDHC) stock?
SMITH DOUGLAS HOMES CORP (SDHC) has a resistance level at 13.99. Check the full technical report for our detailed analysis of SDHC support and resistance levels.