Taking everything into account, SMCI scores 0 out of 10 in our technical rating. 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.
SMCI has a poor technical rating and the quality of the setup is also only medium 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.
31.23
When analyzing the support we notice one important area.
We can see 4 important resistance areas.
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 | 27.75 | NEGATIVE | SMCI has a low relative strength, it was outperformed by 72.25% 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) | 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) | 34.81 | NEUTRAL | The RSI value for SMCI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests SMCI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.63 | OVERSOLD | The low Stochastics value suggests SMCI may be oversold. |
| Average True Range in percent/ATR (20) | 7.29 | HIGH VOLATILITY | The high ATR as a percentage value for SMCI suggests high volalility. |
| Average Directional Index/ADX (14) | 37.85 | POSITIVE | The high ADX value value for SMCI suggests a strong trend. |
33.85
+1.02 (+3.11%)
ChartMill assigns a technical rating of 0 / 10 to SMCI.
The current trend direction for SUPER MICRO COMPUTER INC (SMCI) is Bearish.
SUPER MICRO COMPUTER INC (SMCI) has an RSI value of 34.8092. This indicates that the stock is currently neutral.
The MACD indicator for SUPER MICRO COMPUTER INC (SMCI) has a value of -0.0768093, indicating a bearish trend.
SUPER MICRO COMPUTER INC (SMCI) has a support level at 32.18 and a resistance level at 44.3. Check the full technical report for our detailed analysis of SMCI support and resistance levels.