SUPER MICRO COMPUTER INC (SMCI) Stock Technical Analysis
USA - NASDAQ:SMCI - US86800U3023 - Common Stock
47.4 USD
-3.35 (-6.6%)
43.2506 USD
-4.15 (-8.75%)
Overall SMCI gets a technical rating of 8 out of 10. In the last year, SMCI was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
In the last month SMCI has a been trading in the 46.86 - 58.78 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, SMCI did better than 93% of all other stocks. On top of that, SMCI also shows a nice and consistent pattern of rising prices.
SMCI is one of the better performing stocks in the Technology Hardware, Storage & Peripherals industry, it outperforms 82% of 35 stocks in the same industry.
SMCI has an average volume of 28991300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SMCI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SMCI is lagging the market.
Although SMCI has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Prices have been consolidating lately.
More info and screens
39.62
60.85
When analyzing the support we can see 3 important areas.
- Support @47.39 from a horizontal line in the daily time frame.
- A support zone ranging from 44.54 to 45.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 40.02 to 40.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 50.58 to 51.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 52.65 to 52.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @56.07 from a horizontal line in the weekly time frame.
- Resistance @60.25 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 | UP | POSITIVE | The long term trend for SMCI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SMCI is neutral. |
| ChartMill Relative Strength | 93.02 | POSITIVE | SMCI has a high relative strength, it outperformed 93.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SMCI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SMCI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SMCI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42 | NEUTRAL | The RSI value for SMCI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.68 | NEGATIVE | The MACD value suggests SMCI has a negative trend. |
| Stochastics (14,3) | 30.59 | NEUTRAL | The Stochastics value for SMCI is a neutral value. |
| Average True Range in percent/ATR (20) | 6.47 | HIGH VOLATILITY | The high ATR as a percentage value for SMCI suggests high volalility. |
| Average Directional Index/ADX (14) | 17.08 | NEGATIVE | The low ADX value for SMCI suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
47.4
-3.35 (-6.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg-6.6%
1 Week-9.47%
2 Weeks-13.54%
1 Month-13.93%
3 Month6.28%
6 Month48.17%
12 Month93.31%
2 Year73.33%
3 Year425.32%
5 Year1580.26%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.04
ATR(20)%6.47%
ATR Inc9.5%
Range Today2.57
ADR(20)2.64
ADR(20)%5.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.02
3 months CRS70.88
6 months CRS88.17
Mansfield0.4
10 Day High54.53
10 Day Low46.86
20 Day High58.78
20 Day Low46.86
52 Week High66.44
52 Week Low17.25
CS1 End47.39
CR1 Start50.58
Volume & EV
DER(3)-0.56%
DER(5)-1.74%
Volume37.66M
Volume Incr-27.94%
Vol(5)23.95M
Vol(50)28.99M
SUPER MICRO COMPUTER INC / SMCI FAQ
Can you provide the ChartMill technical rating for SUPER MICRO COMPUTER INC?
ChartMill assigns a technical rating of 8 / 10 to SMCI.
Can you provide the trend direction for SUPER MICRO COMPUTER INC?
The current trend direction for SUPER MICRO COMPUTER INC (SMCI) is Bullish.
What is the RSI signal for SMCI stock?
SUPER MICRO COMPUTER INC (SMCI) has an RSI value of 42.0045. 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 -0.675121, indicating a bearish trend.
What are the support and resistance levels for SUPER MICRO COMPUTER INC (SMCI) stock?
SUPER MICRO COMPUTER INC (SMCI) has a support level at 47.39 and a resistance level at 50.58. Check the full technical report for our detailed analysis of SMCI support and resistance levels.