SMARTSTOP SELF STORAGE REIT (SMA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SMA - US83192D4025 - REIT
Taking everything into account, SMA scores 3 out of 10 in our technical rating. In the past year, SMA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, SMA is a bad performer in the overall market: 100% of all stocks are doing better.
- SMA is part of the Specialized REITs industry. There are 30 other stocks in this industry, of which 93% are performing better than SMA.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month SMA has a been trading in the 30.29 - 33.90 range, which is quite wide. It is currently trading near the high of this range.
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
30.40
When analyzing the support we can see 2 important areas.
- A support zone ranging from 31.83 to 32.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 30.71 to 30.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 33.65 to 33.88. 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 | 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 | 0 | NEGATIVE | SMA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SMA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SMA is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 62.58 | NEUTRAL | The RSI value for SMA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests SMA has a positive trend. |
| Stochastics (14,3) | 97.29 | OVERBOUGHT | The high Stochastics value suggests SMA may be overbought. |
| Average True Range in percent/ATR (20) | 2.51 | MEDIUM VOLATILITY | The ATR as a percentage value for SMA suggests some volalility. |
| Average Directional Index/ADX (14) | 18.82 | NEGATIVE | The low ADX value for SMA suggests a weak or negative trend. |
33.64
-0.23 (-0.68%)
SMARTSTOP SELF STORAGE REIT / SMA FAQ
What is the technical rating for SMA stock?
ChartMill assigns a technical rating of 3 / 10 to SMA.
What is the trend direction for SMA stock?
The current trend direction for SMARTSTOP SELF STORAGE REIT (SMA) is Bearish.
What is the RSI signal for SMARTSTOP SELF STORAGE REIT (SMA) stock?
SMARTSTOP SELF STORAGE REIT (SMA) has an RSI value of 62.5753. This indicates that the stock is currently neutral.
What is the MACD signal for SMARTSTOP SELF STORAGE REIT (SMA) stock?
The MACD indicator for SMARTSTOP SELF STORAGE REIT (SMA) has a value of 0.334597, indicating a bearish trend.
Can you provide the short term momentum for SMARTSTOP SELF STORAGE REIT?
The short term momentum for SMARTSTOP SELF STORAGE REIT (SMA) is positive.