SMARTSTOP SELF STORAGE REIT (SMA) Stock Technical Analysis
USA - NYSE:SMA - US83192D4025 - REIT
Overall SMA gets a technical rating of 1 out of 10. SMA performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
The technical rating of SMA is bad and it also does not present a 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
33.51
We found 1 important support area.
- A support zone ranging from 33.85 to 33.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 35.68 to 36.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 38.99 to 39.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 SMA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SMA is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | SMA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SMA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SMA is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 34.25 | NEUTRAL | The RSI value for SMA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests SMA has a negative trend. |
| Stochastics (14,3) | 10.13 | OVERSOLD | The low Stochastics value suggests SMA may be oversold. |
| Average True Range in percent/ATR (20) | 3.08 | MEDIUM VOLATILITY | The ATR as a percentage value for SMA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.39 | NEUTRAL | The ADX value for SMA suggests a possible start of a new trend. |
34.44
+0.09 (+0.26%)
SMARTSTOP SELF STORAGE REIT / SMA FAQ
What is the technical rating for SMA stock?
ChartMill assigns a technical rating of 1 / 10 to SMA.
What is the current trend direction of SMARTSTOP SELF STORAGE REIT (SMA) stock?
The current trend direction for SMARTSTOP SELF STORAGE REIT (SMA) is Bullish.
What is the RSI signal for SMARTSTOP SELF STORAGE REIT (SMA) stock?
SMARTSTOP SELF STORAGE REIT (SMA) has an RSI value of 34.2538. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SMARTSTOP SELF STORAGE REIT?
The short term momentum for SMARTSTOP SELF STORAGE REIT (SMA) is negative.
What is the support and resistance level for SMA stock?
SMARTSTOP SELF STORAGE REIT (SMA) has a support level at 33.97 and a resistance level at 35.68. Check the full technical report for our detailed analysis of SMA support and resistance levels.