Smart Employee Benefits Inc (SEB.CA) Stock Technical Analysis
TSX-V:SEB • CA83172K1030
Taking everything into account, SEB scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SEB is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- SEB is part of the Software industry. There are 69 other stocks in this industry. SEB outperforms 100% of them.
- SEB is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- Looking at the yearly performance, SEB did better than 96% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- In the last month SEB has a been trading in a tight range between 0.29 and 0.30.
- Considerably lower volume is observed in the last couple of days.
Although SEB has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.17
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.29 to 0.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.17 from a trend line 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 SEB.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SEB.CA is up. |
| ChartMill Relative Strength | 96.83 | POSITIVE | SEB.CA has a high relative strength, it outperformed 96.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SEB.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SEB.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SEB.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.94 | OVERBOUGHT | The high RSI value suggests SEB.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SEB.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 83.33 | OVERBOUGHT | The high Stochastics value suggests SEB.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.58 | LOW VOLATILITY | The low ATR as a percentage value for SEB.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 54.09 | POSITIVE | The high ADX value value for SEB.CA suggests a strong trend. |
TSX-V:SEB (3/3/2023, 7:00:00 PM)
0.3
+0.01 (+1.69%)
Smart Employee Benefits Inc / SEB.CA FAQ
What is the ChartMill technical rating of Smart Employee Benefits Inc (SEB.CA) stock?
ChartMill assigns a technical rating of 8 / 10 to SEB.CA.
What is the current trend direction of Smart Employee Benefits Inc (SEB.CA) stock?
The current trend direction for Smart Employee Benefits Inc (SEB.CA) is Bullish.
What is the RSI signal for Smart Employee Benefits Inc (SEB.CA) stock?
Smart Employee Benefits Inc (SEB.CA) has an RSI value of 74.937. This indicates that the stock is currently overbought.
Can you provide the buy/sell signal for Smart Employee Benefits Inc?
The buy/sell signal for Smart Employee Benefits Inc (SEB.CA) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for Smart Employee Benefits Inc (SEB.CA) stock?
Smart Employee Benefits Inc (SEB.CA) has a support level at 0.29. Check the full technical report for our detailed analysis of SEB.CA support and resistance levels.