NASDAQ:SITM • US82982T1060
Overall SITM gets a technical rating of 5 out of 10. SITM was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
SITM has an average technical rating and also the quality of the setup is only medium 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.
293.42
When analyzing the support we can see 3 important areas.
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 | 92.88 | POSITIVE | SITM has a high relative strength, it outperformed 92.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SITM is below 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) | 43.6 | NEUTRAL | The RSI value for SITM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -9.51 | NEGATIVE | The MACD value suggests SITM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.74 | OVERSOLD | The low Stochastics value suggests SITM may be oversold. |
| Average True Range in percent/ATR (20) | 8.15 | HIGH VOLATILITY | The high ATR as a percentage value for SITM suggests high volalility. |
| Average Directional Index/ADX (14) | 24.92 | NEUTRAL | The ADX value for SITM suggests a possible start of a new trend. |
356.34
+28.99 (+8.86%)
ChartMill assigns a technical rating of 5 / 10 to SITM.
The current trend direction for SITIME CORP (SITM) is Bearish.
SITIME CORP (SITM) has an RSI value of 43.6008. This indicates that the stock is currently neutral.
SITIME CORP (SITM) has a support level at 327.34. Check the full technical report for our detailed analysis of SITM support and resistance levels.