SMCP Technical Analysis - SMCP SA

Technical Rating and Analysis

Taking everything into account, SMCP scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, SMCP has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.

Looking at the yearly performance, SMCP did better than 99% of all other stocks. On top of that, SMCP also shows a nice and consistent pattern of rising prices.

SMCP is part of the Specialty Retail industry. There are 55 other stocks in this industry. SMCP outperforms 100% of them.

A new 52 week high is currently being made by SMCP, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.

In the last month SMCP has a been trading in the 4.52 - 6.11 range, which is quite wide. It is currently trading near the high of this range.

Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although SMCP has an excellent technical rating, it does not offer a high 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

2.52

6.06

When analyzing the support we can see 6 important areas.

A support zone ranging from 5.96 to 5.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @4.78 from a trend line in the daily time frame.
Support @4.38 from a trend line in the daily time frame.
Support @4.27 from a trend line in the weekly time frame.
Support @3.09 from a trend line in the weekly time frame.
Support @2.55 from a horizontal line in the daily time frame.

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What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

Technical Indicator Signal Analysis

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 SMCP.PA is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for SMCP.PA is up.
ChartMill Relative Strength	99.07	POSITIVE	SMCP.PA has a high relative strength, it outperformed 99.07% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of SMCP.PA is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of SMCP.PA is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of SMCP.PA is above the rising SMA(200).
Relative Strength Index/RSI (14)	71.4	OVERBOUGHT	The high RSI value suggests SMCP.PA may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.1	POSITIVE	The MACD value suggests SMCP.PA has a positive trend.
Stochastics (14,3)	96.35	OVERBOUGHT	The high Stochastics value suggests SMCP.PA may be overbought.
Average True Range in percent/ATR (20)	3.96	MEDIUM VOLATILITY	The ATR as a percentage value for SMCP.PA suggests some volalility.
Average Directional Index/ADX (14)	34.97	POSITIVE	The high ADX value value for SMCP.PA suggests a strong trend.