SHIMMICK CORP (SHIM) Stock Technical Analysis
NASDAQ:SHIM • US82455M1099
We assign a technical rating of 6 out of 10 to SHIM. In the last year, SHIM was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month SHIM has a been trading in the 3.34 - 4.47 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- SHIM is one of the better performing stocks in the Construction & Engineering industry, it outperforms 72% of 55 stocks in the same industry.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- Looking at the yearly performance, SHIM did better than 93% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- SHIM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SHIM is lagging the market.
- Considerably lower volume is observed in the last couple of days.
SHIM has an average technical rating and the quality of the presented setup is also not ideal 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
2.23
4 important support areas can be observed.
- A support zone ranging from 3.37 to 3.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.46 from a trend line in the weekly time frame.
- Support @2.38 from a trend line in the daily time frame.
- Support @2.25 from a trend 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 | UP | POSITIVE | The long term trend for SHIM is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SHIM is down. |
| ChartMill Relative Strength | 93.34 | POSITIVE | SHIM has a high relative strength, it outperformed 93.34% 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) | UP | POSITIVE | The current price of SHIM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SHIM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.97 | NEUTRAL | The RSI value for SHIM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests SHIM has a negative trend. |
| Stochastics (14,3) | 12.4 | OVERSOLD | The low Stochastics value suggests SHIM may be oversold. |
| Average True Range in percent/ATR (20) | 8.82 | HIGH VOLATILITY | The high ATR as a percentage value for SHIM suggests high volalility. |
| Average Directional Index/ADX (14) | 23.77 | NEUTRAL | The ADX value for SHIM suggests a possible start of a new trend. |
NASDAQ:SHIM (2/20/2026, 8:04:56 PM)
3.45
+0.07 (+2.07%)
SHIMMICK CORP / SHIM FAQ
Can you provide the ChartMill technical rating for SHIMMICK CORP?
ChartMill assigns a technical rating of 6 / 10 to SHIM.
What is the trend direction for SHIM stock?
The current trend direction for SHIMMICK CORP (SHIM) is Bullish.
What is the RSI signal for SHIM stock?
SHIMMICK CORP (SHIM) has an RSI value of 42.9723. This indicates that the stock is currently neutral.
What is the short term momentum for SHIMMICK CORP (SHIM) stock?
The short term momentum for SHIMMICK CORP (SHIM) is negative.
What is the buy/sell signal for SHIM stock?
The buy/sell signal for SHIMMICK CORP (SHIM) is hold as the short term and long term trends are mixed.