SMARTFINANCIAL INC (SMBK) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SMBK - US83190L2088 - Common Stock
Taking everything into account, SMBK scores 4 out of 10 in our technical rating. In the last year, SMBK was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
Although the technical rating is only medium, SMBK does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 35.65, a Stop Loss order could be placed below this zone.
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31.62
When analyzing the support we can see 3 important areas.
- A support zone ranging from 34.90 to 35.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 32.94 to 33.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.94 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 36.08 to 37.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @37.84 from a horizontal line in the daily time frame.
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 SMBK is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SMBK is neutral. |
| ChartMill Relative Strength | 40.74 | NEUTRAL | SMBK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SMBK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SMBK is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SMBK is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.3 | NEUTRAL | The RSI value for SMBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests SMBK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.61 | NEUTRAL | The Stochastics value for SMBK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.81 | MEDIUM VOLATILITY | The ATR as a percentage value for SMBK suggests some volalility. |
| Average Directional Index/ADX (14) | 13 | NEGATIVE | The low ADX value for SMBK suggests a weak or negative trend. |
35.67
+1.02 (+2.94%)
SMARTFINANCIAL INC / SMBK FAQ
What is the ChartMill technical rating of SMARTFINANCIAL INC (SMBK) stock?
ChartMill assigns a technical rating of 4 / 10 to SMBK.
What is the current trend direction of SMARTFINANCIAL INC (SMBK) stock?
The current trend direction for SMARTFINANCIAL INC (SMBK) is Bearish.
Can you provide the RSI signal for SMARTFINANCIAL INC?
SMARTFINANCIAL INC (SMBK) has an RSI value of 53.2989. This indicates that the stock is currently neutral.
What is the short term momentum for SMARTFINANCIAL INC (SMBK) stock?
The short term momentum for SMARTFINANCIAL INC (SMBK) is neutral.
What are the support and resistance levels for SMARTFINANCIAL INC (SMBK) stock?
SMARTFINANCIAL INC (SMBK) has a support level at 35.65 and a resistance level at 36.08. Check the full technical report for our detailed analysis of SMBK support and resistance levels.