VANECK SEMICONDUCTOR ETF (SMH) Stock Technical Analysis
NASDAQ:SMH - US92189F6768 - ETF
290.29 USD
-8.59 (-2.87%)
290.37 USD
+0.08 (+0.03%)
Taking everything into account, SMH scores 8 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, SMH is showing a nice and steady performance.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
SMH is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month SMH has a been trading in the 281.15 - 302.98 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
SMH has an average volume of 7569000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, SMH did better than 80% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
SMH is part of the Automobile Components industry. There are 80 other stocks in this industry, SMH did better than 65% of them.
SMH has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 290.28, a Stop Loss order could be placed below this zone.
More info and screens
190.77
304.95
When analyzing the support we can see 2 important areas.
- A support zone ranging from 283.94 to 290.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @192.70 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 292.38 to 296.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @301.93 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for SMH is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SMH is neutral. |
| ChartMill Relative Strength | 80.4 | POSITIVE | SMH has a high relative strength, it outperformed 80.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SMH is below 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) | 48.4 | NEUTRAL | The RSI value for SMH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.68 | NEGATIVE | The MACD value suggests SMH has a negative trend. |
| Stochastics (14,3) | 66.24 | NEUTRAL | The Stochastics value for SMH is a neutral value. |
| Average True Range in percent/ATR (20) | 2 | MEDIUM VOLATILITY | The ATR as a percentage value for SMH suggests some volalility. |
| Average Directional Index/ADX (14) | 13.35 | NEGATIVE | The low ADX value for SMH 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)
290.29
-8.59 (-2.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-2.87%
1 Week-1.14%
2 Weeks-1.81%
1 Month2.23%
3 Month21.08%
6 Month24.71%
12 Month19.24%
2 Year85.82%
3 Year170.58%
5 Year231.06%
10 Year1071.71%
15 Year2292.17%
Volatility
ATR(14)5.91
ATR(20)%2%
ATR Inc34.69%
Range Today6.46
ADR(20)5.28
ADR(20)%1.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.4
Mansfield0.72
10 Day High300.78
10 Day Low281.15
20 Day High302.98
20 Day Low281.15
52 Week High302.98
52 Week Low170.11
CS1 End290.28
CR1 Start292.38
Volume & EV
DER(3)-1.85%
DER(5)-0.63%
Volume13.42M
Volume Incr-2.86%
Vol(5)7.24M
Vol(50)7.57M