SUPER MICRO COMPUTER INC (SMCI) Stock Technical Analysis
NASDAQ:SMCI - US86800U3023 - Common Stock
40.41 USD
-0.29 (-0.71%)
40.2411 USD
-0.17 (-0.42%)
We assign a technical rating of 0 out of 10 to SMCI. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
65% of all other stocks performed better in the past year than SMCI.
In the last month SMCI has a been trading in the 39.56 - 47.37 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.
SMCI has an average volume of 35940400 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 40% of 33 stocks in the same industry.
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.
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
33.94
60.85
2 important support areas can be observed.
- A support zone ranging from 40.09 to 40.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @34.28 from a trend line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 44.77 to 45.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @52.71 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 | 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 | 35.45 | NEUTRAL | SMCI is not amongst the best or worst performers 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) | 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) | 34.18 | NEUTRAL | The RSI value for SMCI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests SMCI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.91 | OVERSOLD | The low Stochastics value suggests SMCI may be oversold. |
| Average True Range in percent/ATR (20) | 4.15 | MEDIUM VOLATILITY | The ATR as a percentage value for SMCI suggests some volalility. |
| Average Directional Index/ADX (14) | 29.67 | POSITIVE | The high ADX value value for SMCI suggests a strong 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)
40.41
-0.29 (-0.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg-0.71%
1 Week-8.1%
2 Weeks-4.49%
1 Month-13.41%
3 Month-2.74%
6 Month5.67%
12 Month4.56%
2 Year47.36%
3 Year633.79%
5 Year1430.68%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.65
ATR(20)%4.15%
ATR Inc-25.56%
Range Today1.44
ADR(20)1.55
ADR(20)%3.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.45
Mansfield-0.69
10 Day High45.34
10 Day Low39.56
20 Day High47.37
20 Day Low39.56
52 Week High66.44
52 Week Low17.25
CS1 End40.4
CR1 Start44.77
Volume & EV
DER(3)-2.94%
DER(5)-2.76%
Volume21.77M
Volume Incr-21.29%
Vol(5)26.30M
Vol(50)35.94M