VANECK SEMICONDUCTOR ETF (SMH.MI) Stock Technical Analysis
BIT:SMH - Euronext Milan - IE00BMC38736 - ETF - Currency: EUR
Taking everything into account, SMH scores 5 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. SMH was also a bad performer in the overall market in the last year.
71% of all other stocks performed better in the past year than SMH.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
SMH is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
SMH is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SMH is lagging the market slightly.
SMH has an average technical rating and the quality of the presented setup is also not ideal at the moment. Prices have been consolidating lately.
More info and screens
28.90
41.67
When analyzing the support we can see 2 important areas.
- A support zone ranging from 35.30 to 35.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.19 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 36.37 to 36.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 37.44 to 37.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @38.76 from a horizontal line in the daily time frame.
- Resistance @41.26 from a trend line in the weekly time frame.
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 SMH.MI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SMH.MI is up. |
| ChartMill Relative Strength | 29.61 | NEGATIVE | SMH.MI has a low relative strength, it was outperformed by 70.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SMH.MI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SMH.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SMH.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.33 | NEUTRAL | The RSI value for SMH.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests SMH.MI has a negative trend. |
| Stochastics (14,3) | 53.69 | NEUTRAL | The Stochastics value for SMH.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.46 | MEDIUM VOLATILITY | The ATR as a percentage value for SMH.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 16.6 | NEGATIVE | The low ADX value for SMH.MI 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)
BIT:SMH (5/30/2025, 7:00:00 PM)
35.765
-0.73 (-2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2%
1 Week1.27%
2 Weeks-4.44%
1 Month8.46%
3 Month-5.41%
6 Month-7.73%
12 Month-7.12%
2 Year39.57%
3 Year65.66%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.81
ATR(20)%2.46%
ATR Inc21.51%
Range Today0.75
ADR(20)0.68
ADR(20)%1.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.61
Mansfield-0.92
10 Day High37.68
10 Day Low34.85
20 Day High37.76
20 Day Low32.1
52 Week High45.67
52 Week Low25.99
CS1 End35.3
CR1 Start36.37
Volume & EV
DER(3)0.04%
DER(5)-0.21%
Volume12.72K
Volume Incr-35.24%
Vol(5)23.96K
Vol(50)47.06K