SMART FOR LIFE INC (SMFL) Technical Analysis
NASDAQ:SMFL • US83204U6082
Current stock price
SMFL Technical Rating and Analysis
Taking everything into account, SMFL scores 0 out of 10 in our technical rating. SMFL 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 negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, SMFL is a bad performer in the overall market: 100% of all stocks are doing better.
- SMFL is one of the lesser performing stocks in the Personal Care Products industry. 86% of 37 stocks in the same industry do better.
- SMFL is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so SMFL is lagging the market.
- In the last month SMFL has a been trading in the 0.77 - 2.58 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- SMFL has an average volume of 5161850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SMFL Weekly and Daily overview Charts
SMFL Setup Rating and Analysis
The technical rating of SMFL 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
SMFL Support and Resistance Analysis
0.77
When analyzing the resistance we notice 2 important areas.
- Resistance @1.04 from a trend line in the daily time frame.
- Resistance @1.08 from a trend line in the daily time frame.
SMFL 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 SMFL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SMFL is down. |
| ChartMill Relative Strength | 0.5 | NEGATIVE | SMFL has a low relative strength, it was outperformed by 99.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SMFL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SMFL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SMFL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.07 | NEUTRAL | The RSI value for SMFL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SMFL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 23.03 | NEUTRAL | The Stochastics value for SMFL is a neutral value. |
| Average True Range in percent/ATR (20) | 39.84 | HIGH VOLATILITY | The high ATR as a percentage value for SMFL suggests high volalility. |
| Average Directional Index/ADX (14) | 22.27 | NEUTRAL | The ADX value for SMFL suggests a possible start of a new trend. |
SMFL Chart- and CandleStick Pattern Analysis
SMFL Technicals: Chart, Performance Metrics, Trend & Indicators
0.78
-0.26 (-25%)
SMART FOR LIFE INC / SMFL TA FAQ
What is the technical rating for SMFL stock?
ChartMill assigns a technical rating of 0 / 10 to SMFL.
Can you provide the trend direction for SMART FOR LIFE INC?
The current trend direction for SMART FOR LIFE INC (SMFL) is Bearish.
Can you provide the RSI signal for SMART FOR LIFE INC?
SMART FOR LIFE INC (SMFL) has an RSI value of 38.068. This indicates that the stock is currently neutral.
What is the MACD signal for SMFL stock?
The MACD indicator for SMART FOR LIFE INC (SMFL) has a value of 0.0240557, indicating a bearish trend.
Can you provide the support and resistance levels for SMART FOR LIFE INC?
SMART FOR LIFE INC (SMFL) has a resistance level at 1.04. Check the full technical report for our detailed analysis of SMFL support and resistance levels.