DEFIANCE DLY TRG 2X LNG SMCI (SMCX) Stock Technical Analysis
NASDAQ:SMCX - Nasdaq - US88636R1234 - ETF - Currency: USD
Taking everything into account, SMCX scores 6 out of 10 in our technical rating. In the last year, SMCX was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
100% of all other stocks performed better in the past year than SMCX.
The long and short term trends are both positive. This is looking good!
In the last month SMCX has a been trading in the 34.98 - 54.04 range, which is quite wide. It is currently trading near the high of this range.
SMCX has an average volume of 4058710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, SMCX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
32.14
51.76
We found 4 important support areas.
- A support zone ranging from 44.78 to 45.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @40.03 from a trend line in the daily time frame.
- Support @35.40 from a horizontal line in the daily time frame.
- Support @32.46 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @48.88 from a horizontal line in the weekly time frame.
- Resistance @51.25 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 | UP | POSITIVE | The long term trend for SMCX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SMCX is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | SMCX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SMCX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SMCX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SMCX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.34 | NEUTRAL | The RSI value for SMCX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests SMCX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.69 | OVERBOUGHT | The high Stochastics value suggests SMCX may be overbought. |
| Average True Range in percent/ATR (20) | 9.56 | HIGH VOLATILITY | The high ATR as a percentage value for SMCX suggests high volalility. |
| Average Directional Index/ADX (14) | 15.37 | NEGATIVE | The low ADX value for SMCX suggests a weak or negative 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)
48.87
-2.37 (-4.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-4.63%
1 Week1.9%
2 Weeks-2.49%
1 Month21.12%
3 Month73.36%
6 Month12.34%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.9
ATR(20)%9.56%
ATR Inc-34.58%
Range Today2.37
ADR(20)4.15
ADR(20)%8.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High54.04
10 Day Low43.41
20 Day High54.04
20 Day Low34.98
52 Week HighN/A
52 Week LowN/A
CS1 End45.08
CR1 Start48.88
Volume & EV
DER(3)-0.96%
DER(5)-0.59%
Volume1.54M
Volume Incr-35.13%
Vol(5)2.01M
Vol(50)4.06M