DEFIANCE DT 2X SHRT SMCI ETF (SMCZ) Technical Analysis
NASDAQ:SMCZ • US88636W2623
Current stock price
SMCZ Technical Rating and Analysis
Overall SMCZ gets a technical rating of 0 out of 10. SMCZ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, SMCZ is a bad performer in the overall market: 96% of all stocks are doing better.
- SMCZ 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 SMCZ has a been trading in the 32.35 - 66.70 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.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- Considerably lower volume is observed in the last couple of days.
SMCZ Weekly and Daily overview Charts
SMCZ Setup Rating and Analysis
The technical rating of SMCZ 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
SMCZ Support and Resistance Analysis
31.97
2 important support areas can be observed.
- Support @33.00 from a horizontal line in the weekly time frame.
- Support @32.29 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 44.43 to 45.11. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @60.42 from a horizontal line in the daily time frame.
SMCZ 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 | NEUTRAL | NEUTRAL | The long term trend for SMCZ is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SMCZ is down. |
| ChartMill Relative Strength | 4.9 | NEGATIVE | SMCZ has a low relative strength, it was outperformed by 95.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SMCZ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SMCZ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SMCZ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.01 | NEUTRAL | The RSI value for SMCZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.66 | NEGATIVE | The MACD value suggests SMCZ has a negative trend. |
| Stochastics (14,3) | 5.21 | OVERSOLD | The low Stochastics value suggests SMCZ may be oversold. |
| Average True Range in percent/ATR (20) | 20.69 | HIGH VOLATILITY | The high ATR as a percentage value for SMCZ suggests high volalility. |
| Average Directional Index/ADX (14) | 19.95 | NEGATIVE | The low ADX value for SMCZ suggests a weak or negative trend. |
SMCZ Chart- and CandleStick Pattern Analysis
SMCZ Technicals: Chart, Performance Metrics, Trend & Indicators
33.01
-2.22 (-6.3%)
DEFIANCE DT 2X SHRT SMCI ETF / SMCZ TA FAQ
Can you provide the ChartMill technical rating for DEFIANCE DT 2X SHRT SMCI ETF?
ChartMill assigns a technical rating of 0 / 10 to SMCZ.
What is the trend direction for SMCZ stock?
The current trend direction for DEFIANCE DT 2X SHRT SMCI ETF (SMCZ) is Bearish.
Can you provide the RSI signal for DEFIANCE DT 2X SHRT SMCI ETF?
DEFIANCE DT 2X SHRT SMCI ETF (SMCZ) has an RSI value of 40.0112. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DEFIANCE DT 2X SHRT SMCI ETF?
The MACD indicator for DEFIANCE DT 2X SHRT SMCI ETF (SMCZ) has a value of -1.65976, indicating a bearish trend.