VANECK SEMICONDUCTOR ETF (SMH) Stock Technical Analysis
NASDAQ:SMH - Nasdaq - US92189F6768 - ETF - Currency: USD
Taking everything into account, SMH scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, SMH has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
SMH is part of the Automobile Components industry. There are 80 other stocks in this industry. SMH outperforms 84% of them.
A new 52 week high is currently being made by SMH, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month SMH has a been trading in the 257.12 - 293.20 range, which is quite wide. It is currently trading near the high of this range.
SMH has an average volume of 7548100 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 87% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Although SMH has an excellent technical rating, it does not present a decent entry opportunity 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
187.41
293.72
We found 1 important support area.
- Support @189.30 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 290.81 to 290.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 87.71 | POSITIVE | SMH has a high relative strength, it outperformed 87.71% off all stocks 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) | 73.79 | OVERBOUGHT | The high RSI value suggests SMH may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests SMH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 89.48 | OVERBOUGHT | The high Stochastics value suggests SMH may be overbought. |
| Average True Range in percent/ATR (20) | 1.83 | LOW VOLATILITY | The low ATR as a percentage value for SMH suggests low volalility. |
| Average Directional Index/ADX (14) | 37.74 | POSITIVE | The high ADX value value for SMH suggests a strong 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)
290.8
+5.48 (+1.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg1.92%
1 Week2.58%
2 Weeks4.27%
1 Month13.16%
3 Month51.04%
6 Month12.6%
12 Month17.19%
2 Year81.05%
3 Year145.24%
5 Year249.9%
10 Year1015.24%
15 Year2023.4%
Volatility
ATR(14)4.82
ATR(20)%1.83%
ATR Inc38.21%
Range Today3.12
ADR(20)4.47
ADR(20)%1.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.71
Mansfield1.21
10 Day High293.2
10 Day Low272.16
20 Day High293.2
20 Day Low257.12
52 Week High293.2
52 Week Low170.11
CS1 End189.3
CR1 Start290.81
Volume & EV
DER(3)-2.76%
DER(5)-1.65%
Volume9.89M
Volume Incr-18.16%
Vol(5)7.09M
Vol(50)7.55M