YM SMCI OPT INCOME STRAT ETF (SMCY) Stock Technical Analysis
NYSEARCA:SMCY - NYSE Arca - US88636R8676 - ETF - Currency: USD
Overall SMCY gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. SMCY was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, SMCY is a bad performer in the overall market: 100% of all stocks are doing better.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
In the last month SMCY has a been trading in the 18.18 - 21.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SMCY has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
18.02
21.67
We found 4 important support areas.
- A support zone ranging from 19.93 to 20.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.54 to 19.56. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 18.62 to 18.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 18.20 to 18.20. This zone is formed by a combination of multiple trend lines in the daily time frame.
3 important resistance areas can be observed.
- Resistance @20.27 from a trend line in the weekly time frame.
- Resistance @20.63 from a trend line in the daily time frame.
- A resistance zone ranging from 21.46 to 21.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 SMCY is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SMCY is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | SMCY 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 SMCY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SMCY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SMCY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.44 | NEUTRAL | The RSI value for SMCY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SMCY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 58.64 | NEUTRAL | The Stochastics value for SMCY is a neutral value. |
| Average True Range in percent/ATR (20) | 4.21 | MEDIUM VOLATILITY | The ATR as a percentage value for SMCY suggests some volalility. |
| Average Directional Index/ADX (14) | 8.69 | NEGATIVE | The low ADX value for SMCY 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)
20.27
+0.2 (+1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1%
1 Week6.18%
2 Weeks-1.94%
1 Month3.79%
3 Month14.39%
6 Month-12.7%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.83
ATR(20)%4.21%
ATR Inc-52.62%
Range Today0.55
ADR(20)0.7
ADR(20)%3.47%
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 High21.6
10 Day Low18.8
20 Day High21.6
20 Day Low18.18
52 Week HighN/A
52 Week LowN/A
CS1 End20.21
CR1 Start20.27
Volume & EV
DER(3)-1.17%
DER(5)2.28%
Volume638.90K
Volume Incr-12.9%
Vol(5)672.84K
Vol(50)648.14K