SITIME CORP (SITM) Technical Analysis
NASDAQ:SITM • US82982T1060
Current stock price
SITM Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to SITM. Both in the recent history as in the last year, SITM 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.
- When comparing the yearly performance of all stocks, we notice that SITM is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by SITM over the past year are nicely spread over this period.
- SITM is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry. SITM outperforms 80% of them.
- SITM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SITM is performing more or less in line with the market.
- In the last month SITM has a been trading in the 306.62 - 408.00 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SITM Weekly and Daily overview Charts
SITM Setup Rating and Analysis
Although SITM has an excellent technical rating, it does not offer a high 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
SITM Support and Resistance Analysis
297.21
We found 3 important support areas.
- Support @337.69 from a trend line in the weekly time frame.
- Support @316.21 from a trend line in the daily time frame.
- Support @300.21 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @440.81 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 | UP | POSITIVE | The long term trend for SITM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SITM is up. |
| ChartMill Relative Strength | 96.54 | POSITIVE | SITM has a high relative strength, it outperformed 96.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SITM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SITM is above the rising 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) | 61.97 | NEUTRAL | The RSI value for SITM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 8.66 | POSITIVE | The MACD value suggests SITM has a positive trend. |
| Stochastics (14,3) | 94.93 | OVERBOUGHT | The high Stochastics value suggests SITM may be overbought. |
| Average True Range in percent/ATR (20) | 6.33 | HIGH VOLATILITY | The high ATR as a percentage value for SITM suggests high volalility. |
| Average Directional Index/ADX (14) | 17.83 | NEGATIVE | The low ADX value for SITM suggests a weak or negative trend. |
SITM Chart- and CandleStick Pattern Analysis
SITM Technicals: Chart, Performance Metrics, Trend & Indicators
406.69
+11.77 (+2.98%)
SITIME CORP / SITM TA FAQ
What is the technical rating for SITM stock?
ChartMill assigns a technical rating of 10 / 10 to SITM.
What is the current trend direction of SITIME CORP (SITM) stock?
The current trend direction for SITIME CORP (SITM) is Bullish.
Can you provide the RSI signal for SITIME CORP?
SITIME CORP (SITM) has an RSI value of 61.9744. 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 positive.
What is the buy/sell signal for SITM stock?
The buy/sell signal for SITIME CORP (SITM) is buy as both the short term and long term trends are positive.