SHARPS COMPLIANCE CORP (SMED)

US8200171010 - Common Stock

8.75  +0.01 (+0.11%)

Technical Rating and Analysis

9

Taking everything into account, SMED scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SMED is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
SMED is part of the Health Care Providers & Services industry. There are 118 other stocks in this industry. SMED outperforms 98% of them.
SMED is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SMED is lagging the market slightly.
When comparing the yearly performance of all stocks, we notice that SMED is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month SMED has a been trading in a tight range between 8.60 and 8.75.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
SMED Weekly chart
SMED Daily chart
Setup Rating and Analysis

7

SMED has an excellent technical rating, but the quality of the setup is only medium 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.

Support and Resistance Analysis

8.57

8.85

When analyzing the support we notice one important area.

  • A support zone ranging from 8.66 to 8.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 8.76 to 8.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.19
Mansfield4.1
10 Day High8.75
10 Day Low8.65
20 Day High8.75
20 Day Low8.6
52 Week High9.66
52 Week Low2.83
Performance
1 Week0.57%
2 Weeks0.92%
1 Month1.39%
3 Month104.92%
6 Month39.33%
12 Month-7.99%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.16
RSI(14)85.96
LBB8.64
UBB8.76
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
8.778.640.13 (1.48%)25.00%
An entry @8.77. This is a Buy Stop order right above the resistance zone.An exit @8.64. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.13 points, which is 1.48%.For a 0.37% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SMED Daily chart

SHARPS COMPLIANCE CORP

NASDAQ:SMED (8/22/2022, 7:00:03 PM)

8.75

+0.01 (+0.11%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg0.11%
1 Week0.57%
2 Weeks0.92%
1 Month1.39%
3 Month104.92%
6 Month39.33%
12 Month-7.99%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.03
ATR(20)%0.35%
ATR Inc
Range Today0.01
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High8.75
10 Day Low8.65
20 Day High8.75
20 Day Low8.6
52 Week High9.66
52 Week Low2.83
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume91.90K
Volume Incr-34.68%
Vol(5)150.72K
Vol(50)429.73K