SITIME CORP (SITM) Technical Analysis
NASDAQ:SITM • US82982T1060
Current stock price
SITM Technical Rating and Analysis
Overall SITM gets a technical rating of 10 out of 10. 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 97% 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 78% of them.
- SITM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month SITM has a been trading in the 343.77 - 591.13 range, which is quite wide. It is currently trading near the high of this range.
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
324.33
When analyzing the support we can see 4 important areas.
- A support zone ranging from 541.42 to 546.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @515.66 from a horizontal line in the daily time frame.
- Support @350.05 from a trend line in the weekly time frame.
- Support @327.61 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 570.27 to 570.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 97.59 | POSITIVE | SITM has a high relative strength, it outperformed 97.59% 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) | 69.39 | NEUTRAL | The RSI value for SITM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.83 | POSITIVE | The MACD value suggests SITM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.62 | NEUTRAL | The Stochastics value for SITM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.94 | MEDIUM VOLATILITY | The ATR as a percentage value for SITM suggests some volalility. |
| Average Directional Index/ADX (14) | 34.39 | POSITIVE | The high ADX value value for SITM suggests a strong trend. |
SITM Chart- and CandleStick Pattern Analysis
SITM Technicals: Chart, Performance Metrics, Trend & Indicators
558.63
-3.52 (-0.63%)
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 69.3941. 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.