SCHMID GROUP NV (SHMD) Technical Analysis
NASDAQ:SHMD • NL00150021T1
Current stock price
SHMD Technical Rating and Analysis
Overall SHMD gets a technical rating of 1 out of 10. SHMD has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month SHMD has a been trading in the 4.88 - 7.48 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.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- Looking at the yearly performance, SHMD did better than 72% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- SHMD is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 52% of 124 stocks in the same industry.
- SHMD 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 SHMD is lagging the market slightly.
SHMD Weekly and Daily overview Charts
SHMD Setup Rating and Analysis
SHMD has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
SHMD Support and Resistance Analysis
5.05
When analyzing the support we notice one important area.
- Support @5.10 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @6.86 from a trend line in the daily time frame.
SHMD 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 SHMD is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SHMD is down. |
| ChartMill Relative Strength | 72.24 | POSITIVE | SHMD has a high relative strength, it outperformed 72.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SHMD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SHMD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SHMD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.2 | NEUTRAL | The RSI value for SHMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests SHMD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.35 | OVERSOLD | The low Stochastics value suggests SHMD may be oversold. |
| Average True Range in percent/ATR (20) | 15.63 | HIGH VOLATILITY | The high ATR as a percentage value for SHMD suggests high volalility. |
| Average Directional Index/ADX (14) | 15.42 | NEGATIVE | The low ADX value for SHMD suggests a weak or negative trend. |
SHMD Chart- and CandleStick Pattern Analysis
SHMD Technicals: Chart, Performance Metrics, Trend & Indicators
5.35
+0.24 (+4.7%)
SCHMID GROUP NV / SHMD TA FAQ
What is the technical rating for SHMD stock?
ChartMill assigns a technical rating of 1 / 10 to SHMD.
Can you provide the trend direction for SCHMID GROUP NV?
The current trend direction for SCHMID GROUP NV (SHMD) is Bearish.
What is the RSI signal for SCHMID GROUP NV (SHMD) stock?
SCHMID GROUP NV (SHMD) has an RSI value of 40.2. This indicates that the stock is currently neutral.
What is the MACD signal for SHMD stock?
The MACD indicator for SCHMID GROUP NV (SHMD) has a value of -0.106891, indicating a bearish trend.
What is the short term momentum for SCHMID GROUP NV (SHMD) stock?
The short term momentum for SCHMID GROUP NV (SHMD) is negative.