DEFIANCE DLY TRG 2X LNG SMCI (SMCX) Stock Technical Analysis
NASDAQ:SMCX - Nasdaq - US88636R1234 - ETF - Currency: USD
Overall SMCX gets a technical rating of 6 out of 10. SMCX has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, SMCX is a bad performer in the overall market: 100% of all stocks are doing better.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
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 - 58.76 range, which is quite wide. It is currently trading near the high of this range.
SMCX has an average volume of 3850030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SMCX has an average technical rating and it also 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.
More info and screens
32.52
57.22
We found 3 important support areas.
- A support zone ranging from 40.34 to 40.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @35.40 from a horizontal line in the daily time frame.
- Support @32.85 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 | 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) | 64.49 | NEUTRAL | The RSI value for SMCX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.55 | POSITIVE | The MACD value suggests SMCX has a positive trend. |
| Stochastics (14,3) | 79.9 | NEUTRAL | The Stochastics value for SMCX is a neutral value. |
| Average True Range in percent/ATR (20) | 8.63 | HIGH VOLATILITY | The high ATR as a percentage value for SMCX suggests high volalility. |
| Average Directional Index/ADX (14) | 17.05 | 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)
56.65
+6.8 (+13.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg13.64%
1 Week15.97%
2 Weeks14.61%
1 Month52.7%
3 Month125.52%
6 Month47.07%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.91
ATR(20)%8.63%
ATR Inc28.08%
Range Today5.26
ADR(20)4.28
ADR(20)%7.56%
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 High58.76
10 Day Low43.41
20 Day High58.76
20 Day Low34.98
52 Week HighN/A
52 Week LowN/A
CS1 End40.78
CR1 StartN/A
Volume & EV
DER(3)0.01%
DER(5)0.94%
Volume3.35M
Volume Incr-25.94%
Vol(5)2.21M
Vol(50)3.85M