NASDAQ:SMH - Nasdaq - US92189F6768 - ETF - Currency: USD
Taking everything into account, SMH scores 7 out of 10 in our technical rating. SMH has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
SMH has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 243.59. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 237.44, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
184.04
We found 3 important support areas.
2 important resistance areas can be observed.
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 is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SMH is up. |
ChartMill Relative Strength | 56.03 | NEUTRAL | SMH is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SMH is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SMH is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SMH is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 61.02 | NEUTRAL | The RSI value for SMH is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.74 | NEGATIVE | The MACD value suggests SMH has a negative trend. |
Stochastics (14,3) | 58.73 | NEUTRAL | The Stochastics value for SMH is a neutral value. |
Average True Range in percent/ATR (20) | 2.44 | MEDIUM VOLATILITY | The ATR as a percentage value for SMH suggests some volalility. |
Average Directional Index/ADX (14) | 25.15 | POSITIVE | The high ADX value value for SMH suggests a strong trend. |
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.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
245.05 | 237.42 | 7.63 (3.11%) | 25.00% |
An entry @245.05. This is a Buy Stop order right above the resistance zone. | An exit @237.42. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 7.63 points, which is 3.11%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.78%. |
NASDAQ:SMH (6/3/2025, 2:45:09 PM)
248.24
+4.94 (+2.03%)