SHIMMICK CORP (SHIM) Stock Technical Analysis
USA - NASDAQ:SHIM - US82455M1099 - Common Stock
Taking everything into account, SHIM scores 0 out of 10 in our technical rating. SHIM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, SHIM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 2.05, a Stop Loss order could be placed below this zone.
More info and screens
1.97
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.04 to 2.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.99 from a trend line in the weekly time frame.
We can see 4 important resistance areas.
- Resistance @2.44 from a trend line in the daily time frame.
- Resistance @2.68 from a trend line in the weekly time frame.
- Resistance @2.86 from a trend line in the weekly time frame.
- Resistance @3.15 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for SHIM is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SHIM is down. |
| ChartMill Relative Strength | 21.85 | NEGATIVE | SHIM has a low relative strength, it was outperformed by 78.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SHIM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SHIM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SHIM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.98 | NEUTRAL | The RSI value for SHIM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SHIM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 18.52 | OVERSOLD | The low Stochastics value suggests SHIM may be oversold. |
| Average True Range in percent/ATR (20) | 9.24 | HIGH VOLATILITY | The high ATR as a percentage value for SHIM suggests high volalility. |
| Average Directional Index/ADX (14) | 27.1 | POSITIVE | The high ADX value value for SHIM suggests a strong trend. |
NASDAQ:SHIM (11/21/2025, 4:04:04 PM)
2.14
+0.07 (+3.38%)
SHIMMICK CORP / SHIM FAQ
Can you provide the ChartMill technical rating for SHIMMICK CORP?
ChartMill assigns a technical rating of 0 / 10 to SHIM.
Can you provide the trend direction for SHIMMICK CORP?
The current trend direction for SHIMMICK CORP (SHIM) is Bearish.
What is the RSI signal for SHIM stock?
SHIMMICK CORP (SHIM) has an RSI value of 38.9796. This indicates that the stock is currently neutral.
What is the short term momentum for SHIM stock?
The short term momentum for SHIMMICK CORP (SHIM) is negative.