BIT:SMH - Euronext Milan - IE00BMC38736 - ETF - Currency: EUR
Overall SMH gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SMH is only an average performer.
SMH 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.
29.40
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice one important area.
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 | UP | POSITIVE | The long term trend for SMH.MI is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SMH.MI is neutral. |
ChartMill Relative Strength | 78.93 | POSITIVE | SMH.MI has a high relative strength, it outperformed 78.93% 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) | UP | POSITIVE | The current price of SMH.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 49.71 | NEUTRAL | The RSI value for SMH.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests SMH.MI has a negative trend. |
Stochastics (14,3) | 60.26 | NEUTRAL | The Stochastics value for SMH.MI is a neutral value. |
Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for SMH.MI suggests some volalility. |
Average Directional Index/ADX (14) | 22.29 | NEUTRAL | The ADX value for SMH.MI suggests a possible start of a new trend. |
BIT:SMH (8/1/2025, 7:00:00 PM)
40.765
-1.53 (-3.63%)