DEFIANCE DLY TRG 2X LNG SMCI (SMCX) Technical Analysis
NASDAQ:SMCX • US88636W2391
Current stock price
SMCX Technical Rating and Analysis
Taking everything into account, SMCX scores 1 out of 10 in our technical rating. 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.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 98% of all other stocks performed better in the past year than SMCX.
- SMCX 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.
- In the last month SMCX has a been trading in the 7.12 - 14.18 range, which is quite wide. It is currently trading near the high of this range.
- SMCX has an average volume of 3897210 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 Weekly and Daily overview Charts
SMCX Setup Rating and Analysis
The technical rating of SMCX is bad and it also does not present a 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
SMCX Support and Resistance Analysis
7.55
We found 1 important support area.
- Support @7.63 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 13.46 to 13.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @19.88 from a trend line 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 | NEUTRAL | NEUTRAL | The short term trend for SMCX is neutral. |
| ChartMill Relative Strength | 2.44 | NEGATIVE | SMCX has a low relative strength, it was outperformed by 97.56% 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) | 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) | 51.6 | NEUTRAL | The RSI value for SMCX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.98 | POSITIVE | The MACD value suggests SMCX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.58 | OVERBOUGHT | The high Stochastics value suggests SMCX may be overbought. |
| Average True Range in percent/ATR (20) | 8.48 | HIGH VOLATILITY | The high ATR as a percentage value for SMCX suggests high volalility. |
| Average Directional Index/ADX (14) | 18.23 | 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
13.45
+0.64 (+5%)
DEFIANCE DLY TRG 2X LNG SMCI / SMCX TA FAQ
What is the technical rating for SMCX stock?
ChartMill assigns a technical rating of 1 / 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 SMCX stock?
DEFIANCE DLY TRG 2X LNG SMCI (SMCX) has an RSI value of 51.5962. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DEFIANCE DLY TRG 2X LNG SMCI?
The MACD indicator for DEFIANCE DLY TRG 2X LNG SMCI (SMCX) has a value of 0.979377, indicating a bearish trend.
What is the short term momentum for DEFIANCE DLY TRG 2X LNG SMCI (SMCX) stock?
The short term momentum for DEFIANCE DLY TRG 2X LNG SMCI (SMCX) is neutral.