SMITH DOUGLAS HOMES CORP (SDHC) Technical Analysis
NYSE:SDHC • US83207R1077
Current stock price
SDHC Technical Rating and Analysis
Taking everything into account, SDHC scores 0 out of 10 in our technical rating. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 90% of all other stocks performed better in the past year than SDHC.
- SDHC is one of the lesser performing stocks in the Household Durables industry. 88% of 60 stocks in the same industry do better.
- SDHC is currently trading near the lower end of its 52 week range, which is not a good sign. 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 - 15.79 range, which is quite wide. It is currently trading near the lows of this range.
- Volume is considerably higher 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
11.22
When analyzing the support we notice one important area.
- A support zone ranging from 11.33 to 11.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @13.40 from a horizontal line in the daily time frame.
- Resistance @18.32 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 | 10.71 | NEGATIVE | SDHC has a low relative strength, it was outperformed by 89.29% 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) | 35.12 | NEUTRAL | The RSI value for SDHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests SDHC has a positive trend. |
| Stochastics (14,3) | 31.15 | NEUTRAL | The Stochastics value for SDHC is a neutral value. |
| Average True Range in percent/ATR (20) | 8.17 | HIGH VOLATILITY | The high ATR as a percentage value for SDHC suggests high volalility. |
| Average Directional Index/ADX (14) | 31.26 | 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
12
-0.23 (-1.88%)
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 35.1215. This indicates that the stock is currently neutral.
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 support level at 11.39 and a resistance level at 13.4. Check the full technical report for our detailed analysis of SDHC support and resistance levels.