DEFIANCE DLY TRG 2X LNG SMCI (SMCX) Technical Analysis
NASDAQ:SMCX • US88636R1234
Current stock price
SMCX Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to SMCX. SMCX 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, SMCX is a bad performer in the overall market: 96% of all stocks are doing better.
- SMCX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so SMCX is lagging the market.
- In the last month SMCX has a been trading in the 10.28 - 13.50 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.
- SMCX has an average volume of 3253700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SMCX Weekly and Daily overview Charts
SMCX Setup Rating and Analysis
SMCX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 11.99. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.56, a Stop Loss order could be placed below this zone.
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SMCX Support and Resistance Analysis
10.33
We found 1 important support area.
- A support zone ranging from 10.43 to 10.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 11.99 to 12.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
SMCX 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 | DOWN | NEGATIVE | The long term trend for SMCX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SMCX is down. |
| ChartMill Relative Strength | 4.96 | NEGATIVE | SMCX has a low relative strength, it was outperformed by 95.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SMCX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SMCX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SMCX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.76 | NEUTRAL | The RSI value for SMCX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests SMCX has a negative trend. |
| Stochastics (14,3) | 31.08 | NEUTRAL | The Stochastics value for SMCX is a neutral value. |
| Average True Range in percent/ATR (20) | 11.93 | HIGH VOLATILITY | The high ATR as a percentage value for SMCX suggests high volalility. |
| Average Directional Index/ADX (14) | 7.03 | NEGATIVE | The low ADX value for SMCX suggests a weak or negative trend. |
SMCX Chart- and CandleStick Pattern Analysis
SMCX Technicals: Chart, Performance Metrics, Trend & Indicators
10.57
-0.85 (-7.44%)
DEFIANCE DLY TRG 2X LNG SMCI / SMCX TA FAQ
What is the technical rating for SMCX stock?
ChartMill assigns a technical rating of 0 / 10 to SMCX.
Can you provide the trend direction for DEFIANCE DLY TRG 2X LNG SMCI?
The current trend direction for DEFIANCE DLY TRG 2X LNG SMCI (SMCX) is Bearish.
What is the RSI signal for DEFIANCE DLY TRG 2X LNG SMCI (SMCX) stock?
DEFIANCE DLY TRG 2X LNG SMCI (SMCX) has an RSI value of 42.7649. This indicates that the stock is currently neutral.
What is the buy/sell signal for SMCX stock?
The buy/sell signal for DEFIANCE DLY TRG 2X LNG SMCI (SMCX) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for DEFIANCE DLY TRG 2X LNG SMCI?
DEFIANCE DLY TRG 2X LNG SMCI (SMCX) has a support level at 10.56 and a resistance level at 11.99. Check the full technical report for our detailed analysis of SMCX support and resistance levels.