SMART DIGITAL GROUP LTD (SDM) Stock Technical Analysis
NASDAQ:SDM - Nasdaq - KYG5006S1049 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to SDM. 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 97 other stocks in this industry, of which 88% are performing better than SDM.
The long and short term trends are both positive. This is looking good!
In the last month SDM has a been trading in the 5.00 - 11.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SDM has an average technical rating and it also does not offer a high 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
7.15
8.99
When analyzing the support we notice one important area.
- A support zone ranging from 7.22 to 7.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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). |
| Relative Strength Index/RSI (14) | 62.73 | 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) | 74.28 | NEUTRAL | The Stochastics value for SDM is a neutral value. |
| Average True Range in percent/ATR (20) | 11.64 | HIGH VOLATILITY | The high ATR as a percentage value for SDM suggests high volalility. |
| Average Directional Index/ADX (14) | 23.17 | NEUTRAL | The ADX value for SDM suggests a possible start of a new 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)
8.9
-1.41 (-13.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-13.68%
1 Week27.14%
2 Weeks20.27%
1 Month40.6%
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)1
ATR(20)%11.64%
ATR Inc199.1%
Range Today1.55
ADR(20)1.01
ADR(20)%11.38%
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 High11.8
10 Day Low6.66
20 Day High11.8
20 Day Low5
52 Week HighN/A
52 Week LowN/A
CS1 End7.27
CR1 StartN/A
Volume & EV
DER(3)-0.12%
DER(5)-3.09%
Volume511.70K
Volume Incr202.99%
Vol(5)299.88K
Vol(50)N/A