SMART DIGITAL GROUP LTD (SDM) Stock Technical Analysis
NASDAQ:SDM - Nasdaq - KYG5006S1049 - Common Stock - Currency: USD
Overall SDM gets a technical rating of 5 out of 10. In the last year, SDM 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.
When comparing the yearly performance of all stocks, SDM is a bad performer in the overall market: 100% of all stocks are doing better.
SDM is part of the Media industry. There are 98 other stocks in this industry, of which 88% are performing better than SDM.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month SDM has a been trading in the 7.78 - 24.18 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
SDM has an average technical rating and the quality of the presented setup is also not ideal at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
9.75
17.98
2 important support areas can be observed.
- A support zone ranging from 17.43 to 17.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 9.85 to 10.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 17.74 to 17.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The long term trend for SDM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SDM is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | SDM has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SDM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SDM is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 60.28 | NEUTRAL | The RSI value for SDM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests SDM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 50.2 | NEUTRAL | The Stochastics value for SDM is a neutral value. |
| Average True Range in percent/ATR (20) | 20.57 | HIGH VOLATILITY | The high ATR as a percentage value for SDM suggests high volalility. |
| Average Directional Index/ADX (14) | 51.65 | POSITIVE | The high ADX value value for SDM suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
17.61
-0.13 (-0.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-0.73%
1 Week-1.07%
2 Weeks6.73%
1 Month95.56%
3 MonthN/A
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.05
ATR(20)%20.57%
ATR Inc-28.7%
Range Today2.64
ADR(20)3.57
ADR(20)%20.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High24.18
10 Day Low12.33
20 Day High24.18
20 Day Low7.78
52 Week HighN/A
52 Week LowN/A
CS1 End17.6
CR1 Start17.74
Volume & EV
DER(3)1.83%
DER(5)2.8%
Volume915.40K
Volume Incr31.56%
Vol(5)837.12K
Vol(50)394.08K