SITIME CORP (SITM) Technical Analysis
NASDAQ:SITM • US82982T1060
Current stock price
SITM Technical Rating and Analysis
Overall SITM gets a technical rating of 4 out of 10. Although SITM 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.
- Looking at the yearly performance, SITM did better than 95% of all other stocks. We also observe that the gains produced by SITM over the past year are nicely spread over this period.
- SITM is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 76% of 115 stocks in the same industry.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- SITM 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 SITM is lagging the market slightly.
- In the last month SITM has a been trading in the 305.21 - 375.27 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SITM Weekly and Daily overview Charts
SITM Setup Rating and Analysis
SITM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 356.44. Right above this resistance zone may be a good entry point.
More info and screens
SITM Support and Resistance Analysis
295.21
We found 3 important support areas.
- Support @325.31 from a horizontal line in the weekly time frame.
- A support zone ranging from 311.22 to 313.37. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @298.19 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @356.44 from a horizontal line in the daily time frame.
SITM 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 SITM is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SITM is down. |
| ChartMill Relative Strength | 95.09 | POSITIVE | SITM has a high relative strength, it outperformed 95.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SITM is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SITM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SITM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.42 | NEUTRAL | The RSI value for SITM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.9 | POSITIVE | The MACD value suggests SITM has a positive trend. |
| Stochastics (14,3) | 61.6 | NEUTRAL | The Stochastics value for SITM is a neutral value. |
| Average True Range in percent/ATR (20) | 7.88 | HIGH VOLATILITY | The high ATR as a percentage value for SITM suggests high volalility. |
| Average Directional Index/ADX (14) | 20.56 | NEUTRAL | The ADX value for SITM suggests a possible start of a new trend. |
SITM Chart- and CandleStick Pattern Analysis
SITM Technicals: Chart, Performance Metrics, Trend & Indicators
347.05
-7.28 (-2.05%)
SITIME CORP / SITM TA FAQ
What is the technical rating for SITM stock?
ChartMill assigns a technical rating of 4 / 10 to SITM.
What is the current trend direction of SITIME CORP (SITM) stock?
The current trend direction for SITIME CORP (SITM) is Bearish.
Can you provide the RSI signal for SITIME CORP?
SITIME CORP (SITM) has an RSI value of 48.416. This indicates that the stock is currently neutral.
What is the short term momentum for SITIME CORP (SITM) stock?
The short term momentum for SITIME CORP (SITM) is negative.