SMITH DOUGLAS HOMES CORP (SDHC) Technical Analysis
NYSE:SDHC • US83207R1077
Current stock price
SDHC Technical Rating and Analysis
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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 89% of all other stocks performed better in the past year than SDHC.
- SDHC is part of the Household Durables industry. There are 60 other stocks in this industry, of which 84% are performing better than SDHC.
- SDHC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month SDHC has a been trading in the 11.67 - 15.48 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.
SDHC Weekly and Daily overview Charts
SDHC Setup Rating and Analysis
SDHC has a poor technical rating and the quality of the setup is also not perfect 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
13.31
When analyzing the support we can see 2 important areas.
- A support zone ranging from 14.21 to 14.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.44 to 13.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 14.93 to 15.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.30 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 | NEUTRAL | NEUTRAL | The short term trend for SDHC is neutral. |
| ChartMill Relative Strength | 11.99 | NEGATIVE | SDHC has a low relative strength, it was outperformed by 88.01% 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) | 58.27 | NEUTRAL | The RSI value for SDHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests SDHC has a positive trend. |
| Stochastics (14,3) | 66.06 | NEUTRAL | The Stochastics value for SDHC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.54 | HIGH VOLATILITY | The high ATR as a percentage value for SDHC suggests high volalility. |
| Average Directional Index/ADX (14) | 17.31 | NEGATIVE | The low ADX value for SDHC suggests a weak or negative trend. |
SDHC Chart- and CandleStick Pattern Analysis
SDHC Technicals: Chart, Performance Metrics, Trend & Indicators
14.84
+0.45 (+3.13%)
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 1 / 10 to SDHC.
What is the trend direction for SDHC stock?
The current trend direction for SMITH DOUGLAS HOMES CORP (SDHC) is Bearish.
What is the RSI signal for SMITH DOUGLAS HOMES CORP (SDHC) stock?
SMITH DOUGLAS HOMES CORP (SDHC) has an RSI value of 58.2725. This indicates that the stock is currently neutral.
What is the MACD signal for SMITH DOUGLAS HOMES CORP (SDHC) stock?
The MACD indicator for SMITH DOUGLAS HOMES CORP (SDHC) has a value of 0.227056, indicating a bearish trend.