Taking everything into account, SMCI scores 1 out of 10 in our technical rating. SMCI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 83% of all other stocks performed better in the past year than SMCI.
- SMCI 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.
- SMCI has an average volume of 26629200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- SMCI is an average performer in the Technology Hardware, Storage & Peripherals industry, it outperforms 44% of 35 stocks in the same industry.
- In the last month SMCI has a been trading in the 27.75 - 33.63 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, SMCI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 30.87, a Stop Loss order could be placed below this zone.
More info and screens
29.52
We found 1 important support area.
- A support zone ranging from 29.82 to 30.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 31.94 to 32.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 32.65 to 32.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @46.81 from a trend line in the weekly time frame.
- A resistance zone ranging from 55.57 to 56.07. 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 | DOWN | NEGATIVE | The long term trend for SMCI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SMCI is down. |
| ChartMill Relative Strength | 17.01 | NEGATIVE | SMCI has a low relative strength, it was outperformed by 82.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SMCI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SMCI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SMCI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.98 | NEUTRAL | The RSI value for SMCI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests SMCI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.19 | NEUTRAL | The Stochastics value for SMCI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.92 | MEDIUM VOLATILITY | The ATR as a percentage value for SMCI suggests some volalility. |
| Average Directional Index/ADX (14) | 22.94 | NEUTRAL | The ADX value for SMCI suggests a possible start of a new trend. |
31.2
0 (0%)
SUPER MICRO COMPUTER INC / SMCI FAQ
Can you provide the ChartMill technical rating for SUPER MICRO COMPUTER INC?
ChartMill assigns a technical rating of 1 / 10 to SMCI.
What is the trend direction for SMCI stock?
The current trend direction for SUPER MICRO COMPUTER INC (SMCI) is Bearish.
Can you provide the RSI signal for SUPER MICRO COMPUTER INC?
SUPER MICRO COMPUTER INC (SMCI) has an RSI value of 48.976. This indicates that the stock is currently neutral.
What is the short term momentum for SUPER MICRO COMPUTER INC (SMCI) stock?
The short term momentum for SUPER MICRO COMPUTER INC (SMCI) is negative.
What is the buy/sell signal for SMCI stock?
The buy/sell signal for SUPER MICRO COMPUTER INC (SMCI) is sell as both the short term and long term trends are negative.