SUPER MICRO COMPUTER INC (SMCI) Stock Technical Analysis
USA - NASDAQ:SMCI - US86800U3023 - Common Stock
45.82 USD
-0.42 (-0.91%)
45.59 USD
-0.23 (-0.5%)
Taking everything into account, SMCI scores 5 out of 10 in our technical rating. In the last year, SMCI was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
SMCI is one of the lesser performing stocks in the Technology Hardware, Storage & Peripherals industry. 65% of 33 stocks in the same industry do better.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
SMCI has an average volume of 32918600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, SMCI turns out to be only a medium performer in the overall market: it outperformed 47% of all stocks.
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.
In the last month SMCI has a been trading in the 39.56 - 48.53 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SMCI has an average technical rating and the quality of the presented setup is also not ideal 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
39.62
60.85
When analyzing the support we can see 2 important areas.
- A support zone ranging from 41.58 to 41.97. 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.
We can see 5 important resistance areas.
- A resistance zone ranging from 45.83 to 45.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 47.00 to 47.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @50.35 from a trend line in the weekly time frame.
- 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 | 47.17 | NEUTRAL | SMCI is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of SMCI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.86 | NEUTRAL | The RSI value for SMCI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.46 | POSITIVE | The MACD value suggests SMCI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.53 | NEUTRAL | The Stochastics value for SMCI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.21 | MEDIUM VOLATILITY | The ATR as a percentage value for SMCI suggests some volalility. |
| Average Directional Index/ADX (14) | 20.59 | NEUTRAL | The ADX value for SMCI suggests a possible start of a new 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)
45.82
-0.42 (-0.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg-0.91%
1 Week0.02%
2 Weeks1.82%
1 Month4.21%
3 Month-3.7%
6 Month33.74%
12 Month9.16%
2 Year67.09%
3 Year732.03%
5 Year1635.61%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.08
ATR(20)%4.21%
ATR Inc24.33%
Range Today1.57
ADR(20)1.77
ADR(20)%3.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.17
Mansfield0.41
10 Day High48.53
10 Day Low43.69
20 Day High48.53
20 Day Low39.56
52 Week High66.44
52 Week Low17.25
CS1 End41.97
CR1 Start45.83
Volume & EV
DER(3)-0.54%
DER(5)0.81%
Volume22.88M
Volume Incr8.83%
Vol(5)27.84M
Vol(50)32.92M