SMARTSTOP SELF STORAGE REIT (SMA) Technical Analysis
NYSE:SMA • US83192D4025
Current stock price
SMA Technical Rating and Analysis
Overall SMA gets a technical rating of 4 out of 10. SMA has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- 77% of all other stocks performed better in the past year than SMA.
- SMA is one of the lesser performing stocks in the Specialized REITs industry. 74% of 28 stocks in the same industry do better.
- SMA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month SMA has a been trading in the 29.41 - 33.63 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SMA Weekly and Daily overview Charts
SMA Setup Rating and Analysis
SMA has an average technical rating and it also 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
SMA Support and Resistance Analysis
29.48
When analyzing the support we notice one important area.
- A support zone ranging from 29.78 to 30.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @33.20 from a trend line in the weekly time frame.
- Resistance @33.75 from a trend line in the daily time frame.
- A resistance zone ranging from 34.86 to 34.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
SMA 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 SMA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SMA is up. |
| ChartMill Relative Strength | 23.76 | NEGATIVE | SMA has a low relative strength, it was outperformed by 76.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SMA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SMA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SMA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.33 | NEUTRAL | The RSI value for SMA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests SMA has a positive trend. |
| Stochastics (14,3) | 88.13 | OVERBOUGHT | The high Stochastics value suggests SMA may be overbought. |
| Average True Range in percent/ATR (20) | 2.94 | MEDIUM VOLATILITY | The ATR as a percentage value for SMA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.69 | NEGATIVE | The low ADX value for SMA suggests a weak or negative trend. |
SMA Chart- and CandleStick Pattern Analysis
SMA Technicals: Chart, Performance Metrics, Trend & Indicators
32.32
+0.58 (+1.83%)
SMARTSTOP SELF STORAGE REIT / SMA TA FAQ
What is the technical rating for SMA stock?
ChartMill assigns a technical rating of 4 / 10 to SMA.
What is the trend direction for SMA stock?
The current trend direction for SMARTSTOP SELF STORAGE REIT (SMA) is Bearish.
Can you provide the RSI signal for SMARTSTOP SELF STORAGE REIT?
SMARTSTOP SELF STORAGE REIT (SMA) has an RSI value of 57.334. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SMARTSTOP SELF STORAGE REIT?
The MACD indicator for SMARTSTOP SELF STORAGE REIT (SMA) has a value of 0.261281, indicating a bearish trend.
Can you provide the support and resistance levels for SMARTSTOP SELF STORAGE REIT?
SMARTSTOP SELF STORAGE REIT (SMA) has a support level at 30.01 and a resistance level at 33.2. Check the full technical report for our detailed analysis of SMA support and resistance levels.