We assign a technical rating of 10 out of 10 to SHMD. Both in the recent history as in the last year, SHMD has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, SHMD did better than 98% of all other stocks. We also observe that the gains produced by SHMD over the past year are nicely spread over this period.
- SHMD is part of the Electronic Equipment, Instruments & Components industry. There are 123 other stocks in this industry. SHMD outperforms 99% of them.
- SHMD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SHMD is lagging the market slightly.
- In the last month SHMD has a been trading in the 4.72 - 9.98 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, SHMD also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. 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
4.86
We found 3 important support areas.
- A support zone ranging from 7.38 to 7.49. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @5.14 from a trend line in the daily time frame.
- Support @4.91 from a trend line in the daily 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 SHMD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SHMD is up. |
| ChartMill Relative Strength | 98.92 | POSITIVE | SHMD has a high relative strength, it outperformed 98.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SHMD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SHMD is above the rising 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) | 59.28 | NEUTRAL | The RSI value for SHMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SHMD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.45 | NEUTRAL | The Stochastics value for SHMD is a neutral value. |
| Average True Range in percent/ATR (20) | 12.84 | HIGH VOLATILITY | The high ATR as a percentage value for SHMD suggests high volalility. |
| Average Directional Index/ADX (14) | 42.5 | POSITIVE | The high ADX value value for SHMD 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 |
|---|---|---|---|
| 8.22 | 7.37 | 0.85 (10.35%) | 9.67% |
| An entry @8.22. This is a Buy Stop order right above the 10 day moving average. | An exit @7.37. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.85 points, which is 10.35%. | When investing 9.67% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of SHMD. Please evaluate whether better entry and exit points can be found.
- 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.
8.195
-0.49 (-5.7%)
SCHMID GROUP NV / SHMD FAQ
What is the technical rating for SHMD stock?
ChartMill assigns a technical rating of 10 / 10 to SHMD.
What is the trend direction for SHMD stock?
The current trend direction for SCHMID GROUP NV (SHMD) is Bullish.
Can you provide the RSI signal for SCHMID GROUP NV?
SCHMID GROUP NV (SHMD) has an RSI value of 59.2778. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SCHMID GROUP NV?
The short term momentum for SCHMID GROUP NV (SHMD) is positive.
Can you provide the support and resistance levels for SCHMID GROUP NV?
SCHMID GROUP NV (SHMD) has a support level at 7.49. Check the full technical report for our detailed analysis of SHMD support and resistance levels.