SMART DIGITAL GROUP LTD (SDM) Stock Technical Analysis
NASDAQ:SDM - Nasdaq - KYG5006S1049 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to SDM. SDM performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
The technical rating of SDM 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.
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5.63
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. |
| Relative Strength Index/RSI (14) | 54.89 | NEUTRAL | The RSI value for SDM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests SDM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 48.7 | NEUTRAL | The Stochastics value for SDM is a neutral value. |
| Average Directional Index/ADX (14) | 25.31 | POSITIVE | The high ADX value value for SDM suggests a strong trend. |
5.69
-0.64 (-10.11%)