SEMRUSH HOLDINGS INC-A (SEMR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SEMR - US81686C1045 - Common Stock
Overall SEMR gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SEMR is showing a nice and steady performance.
SEMR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 11.85, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
7.05
When analyzing the support we can see 2 important areas.
- A support zone ranging from 11.84 to 11.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.12 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 11.86 to 11.88. 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 SEMR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SEMR is up. |
| ChartMill Relative Strength | 88.35 | POSITIVE | SEMR has a high relative strength, it outperformed 88.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SEMR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SEMR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SEMR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 80.36 | OVERBOUGHT | The high RSI value suggests SEMR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests SEMR has a negative trend. |
| Stochastics (14,3) | 30.8 | NEUTRAL | The Stochastics value for SEMR is a neutral value. |
| Average True Range in percent/ATR (20) | 0.25 | LOW VOLATILITY | The low ATR as a percentage value for SEMR suggests low volalility. |
| Average Directional Index/ADX (14) | 61.4 | POSITIVE | The high ADX value value for SEMR suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 11.89 | 11.83 | 0.06 (0.50%) | 25.00% |
| An entry @11.89. This is a Buy Stop order right above the resistance zone. | An exit @11.83. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.06 points, which is 0.50%. | For a 0.13% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
11.85
-0.01 (-0.08%)
SEMRUSH HOLDINGS INC-A / SEMR FAQ
What is the ChartMill technical rating of SEMRUSH HOLDINGS INC-A (SEMR) stock?
ChartMill assigns a technical rating of 9 / 10 to SEMR.
Can you provide the trend direction for SEMRUSH HOLDINGS INC-A?
The current trend direction for SEMRUSH HOLDINGS INC-A (SEMR) is Bullish.
What is the RSI signal for SEMR stock?
SEMRUSH HOLDINGS INC-A (SEMR) has an RSI value of 80.3626. This indicates that the stock is currently overbought.
Can you provide the short term momentum for SEMRUSH HOLDINGS INC-A?
The short term momentum for SEMRUSH HOLDINGS INC-A (SEMR) is positive.
What is the support and resistance level for SEMR stock?
SEMRUSH HOLDINGS INC-A (SEMR) has a support level at 11.85 and a resistance level at 11.86. Check the full technical report for our detailed analysis of SEMR support and resistance levels.