SUPER MICRO COMPUTER INC (SMCI) Technical Analysis
NASDAQ:SMCI • US86800U3023
Current stock price
SMCI Technical Rating and Analysis
Overall SMCI gets a technical rating of 0 out of 10. SMCI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 85% of all other stocks performed better in the past year than SMCI.
- SMCI is part of the Technology Hardware, Storage & Peripherals industry. There are 37 other stocks in this industry, of which 66% are performing better 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 38384000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month SMCI has a been trading in the 19.48 - 32.81 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SMCI Weekly and Daily overview Charts
SMCI Setup Rating and Analysis
The technical rating of SMCI 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
SMCI Support and Resistance Analysis
20.43
When analyzing the support we can see 2 important areas.
- Support @21.86 from a trend line in the daily time frame.
- Support @20.64 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- Resistance @33.32 from a trend line in the daily time frame.
- Resistance @35.37 from a horizontal line in the daily time frame.
- Resistance @37.02 from a trend line in the weekly time frame.
- Resistance @56.07 from a horizontal line in the weekly time frame.
SMCI 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 | DOWN | NEGATIVE | The long term trend for SMCI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SMCI is neutral. |
| ChartMill Relative Strength | 15.02 | NEGATIVE | SMCI has a low relative strength, it was outperformed by 84.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SMCI is above a declining 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) | 50.99 | NEUTRAL | The RSI value for SMCI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.52 | POSITIVE | The MACD value suggests SMCI has a positive trend. |
| Stochastics (14,3) | 91.44 | OVERBOUGHT | The high Stochastics value suggests SMCI may be overbought. |
| Average True Range in percent/ATR (20) | 7.74 | HIGH VOLATILITY | The high ATR as a percentage value for SMCI suggests high volalility. |
| Average Directional Index/ADX (14) | 22.39 | NEUTRAL | The ADX value for SMCI suggests a possible start of a new trend. |
SMCI Chart- and CandleStick Pattern Analysis
SMCI Technicals: Chart, Performance Metrics, Trend & Indicators
25.97
+0.71 (+2.81%)
SUPER MICRO COMPUTER INC / SMCI TA FAQ
Can you provide the ChartMill technical rating for SUPER MICRO COMPUTER INC?
ChartMill assigns a technical rating of 0 / 10 to SMCI.
What is the trend direction for SMCI stock?
The current trend direction for SUPER MICRO COMPUTER INC (SMCI) is Bearish.
What is the RSI signal for SUPER MICRO COMPUTER INC (SMCI) stock?
SUPER MICRO COMPUTER INC (SMCI) has an RSI value of 50.9852. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SUPER MICRO COMPUTER INC?
The MACD indicator for SUPER MICRO COMPUTER INC (SMCI) has a value of 0.515026, indicating a bearish trend.
What is the short term momentum for SMCI stock?
The short term momentum for SUPER MICRO COMPUTER INC (SMCI) is neutral.