GRANITESHARES 2X L SMCI ETF (SMCL) Stock Technical Analysis
NASDAQ:SMCL • US38747R6606
Taking everything into account, SMCL scores 0 out of 10 in our technical rating. SMCL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, SMCL is a bad performer in the overall market: 96% of all stocks are doing better.
- SMCL is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- SMCL has an average volume of 5506190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month SMCL has a been trading in the 4.11 - 5.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, SMCL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 4.26, a Stop Loss order could be placed below this zone.
More info and screens
4.17
2 important support areas can be observed.
- A support zone ranging from 4.85 to 4.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.21 to 4.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @5.48 from a trend 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 SMCL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SMCL is down. |
| ChartMill Relative Strength | 4.83 | NEGATIVE | SMCL has a low relative strength, it was outperformed by 95.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SMCL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SMCL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SMCL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.85 | NEUTRAL | The RSI value for SMCL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SMCL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.99 | OVERSOLD | The low Stochastics value suggests SMCL may be oversold. |
| Average True Range in percent/ATR (20) | 12.8 | HIGH VOLATILITY | The high ATR as a percentage value for SMCL suggests high volalility. |
| Average Directional Index/ADX (14) | 12.85 | NEGATIVE | The low ADX value for SMCL suggests a weak or negative trend. |
NASDAQ:SMCL (2/20/2026, 11:21:41 AM)
5.01
+0.11 (+2.24%)
GRANITESHARES 2X L SMCI ETF / SMCL FAQ
What is the ChartMill technical rating of GRANITESHARES 2X L SMCI ETF (SMCL) stock?
ChartMill assigns a technical rating of 0 / 10 to SMCL.
What is the current trend direction of GRANITESHARES 2X L SMCI ETF (SMCL) stock?
The current trend direction for GRANITESHARES 2X L SMCI ETF (SMCL) is Bearish.
What is the RSI signal for SMCL stock?
GRANITESHARES 2X L SMCI ETF (SMCL) has an RSI value of 49.8508. This indicates that the stock is currently neutral.
What is the MACD signal for SMCL stock?
The MACD indicator for GRANITESHARES 2X L SMCI ETF (SMCL) has a value of -0.0124656, indicating a bearish trend.
Can you provide the support and resistance levels for GRANITESHARES 2X L SMCI ETF?
GRANITESHARES 2X L SMCI ETF (SMCL) has a support level at 4.26 and a resistance level at 5.48. Check the full technical report for our detailed analysis of SMCL support and resistance levels.