SHIMMICK CORP (SHIM) Technical Analysis
NASDAQ:SHIM • US82455M1099
Current stock price
3.05 USD
-0.01 (-0.33%)
At close:
3 USD
-0.05 (-1.64%)
After Hours:
SHIM Technical Rating and Analysis
Taking everything into account, SHIM scores 2 out of 10 in our technical rating. Although SHIM is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- SHIM is one of the better performing stocks in the Construction & Engineering industry, it outperforms 70% of 56 stocks in the same industry.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the yearly performance of all stocks, we notice that SHIM is one of the better performing stocks in the market, outperforming 91% of all 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 trading in the upper part of its 52 week range, so SHIM is lagging the market slightly.
- In the last month SHIM has a been trading in the 2.45 - 4.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
SHIM Weekly and Daily overview Charts
SHIM Setup Rating and Analysis
The technical rating of SHIM is bad and it also does not present a 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
SHIM Support and Resistance Analysis
2.47
4.17
We found 4 important support areas.
- Support @2.86 from a trend line in the daily time frame.
- Support @2.79 from a horizontal line in the daily time frame.
- Support @2.57 from a trend line in the weekly time frame.
- Support @2.49 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 3.63 to 3.67. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @4.13 from a trend line in the weekly time frame.
SHIM Technical Indicator Signal Analysis
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 | 91.99 | POSITIVE | SHIM has a high relative strength, it outperformed 91.99% 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) | UP | POSITIVE | The current price of SHIM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.14 | NEUTRAL | The RSI value for SHIM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests SHIM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.59 | NEUTRAL | The Stochastics value for SHIM is a neutral value. |
| Average True Range in percent/ATR (20) | 11.87 | HIGH VOLATILITY | The high ATR as a percentage value for SHIM suggests high volalility. |
| Average Directional Index/ADX (14) | 17.58 | NEGATIVE | The low ADX value for SHIM suggests a weak or negative trend. |
SHIM Chart- and CandleStick Pattern Analysis
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)
SHIM Technicals: Chart, Performance Metrics, Trend & Indicators
3.05
-0.01 (-0.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-0.33%
1 Week-4.98%
2 Weeks-14.33%
1 Month-11.59%
3 Month10.91%
6 Month8.54%
12 Month73.3%
2 Year-47.05%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%11.87%
ATR Inc-54.4%
Range Today0.16
ADR(20)0.34
ADR(20)%11.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.99
3 months CRS87.84
6 months CRS81.43
Mansfield2.23
10 Day High3.74
10 Day Low2.45
20 Day High4.04
20 Day Low2.45
52 Week High4.47
52 Week Low1.3
CS1 End2.86
CR1 Start3.63
Volume & EV
DER(3)0.57%
DER(5)2.31%
Volume67.30K
Volume Incr686.97%
Vol(5)391.36K
Vol(50)93.58K
SHIMMICK CORP / SHIM TA FAQ
Can you provide the ChartMill technical rating for SHIMMICK CORP?
ChartMill assigns a technical rating of 2 / 10 to SHIM.
What is the trend direction for SHIM stock?
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 42.1415. 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.