VANECK SEMICONDUCTOR ETF (SMH) Technical Analysis
NASDAQ:SMH • US92189F6768
Current stock price
452 USD
+8.66 (+1.95%)
At close:
450.2 USD
-1.8 (-0.4%)
Pre-Market:
SMH Technical Rating and Analysis
Overall SMH gets a technical rating of 10 out of 10. 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!
- Looking at the yearly performance, SMH did better than 93% of all other stocks. On top of that, SMH also shows a nice and consistent pattern of rising prices.
- 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 359.86 - 452.10 range, which is quite wide. It is currently trading near the high of this range.
- SMH has an average volume of 9459670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SMH Weekly and Daily overview Charts
SMH Setup Rating and Analysis
Although SMH has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
SMH Support and Resistance Analysis
356.53
456.52
When analyzing the support we can see 4 important areas.
- A support zone ranging from 401.09 to 401.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @385.63 from a trend line in the weekly time frame.
- Support @367.85 from a trend line in the daily time frame.
- Support @360.13 from a horizontal line in the daily time frame.
SMH Technical Indicator Signal Analysis
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 | 93.31 | POSITIVE | SMH has a high relative strength, it outperformed 93.31% 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) | 71.94 | OVERBOUGHT | The high RSI value suggests SMH may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 7.5 | POSITIVE | The MACD value suggests SMH has a positive trend. |
| Stochastics (14,3) | 97.94 | OVERBOUGHT | The high Stochastics value suggests SMH may be overbought. |
| Average True Range in percent/ATR (20) | 2.75 | MEDIUM VOLATILITY | The ATR as a percentage value for SMH suggests some volalility. |
| Average Directional Index/ADX (14) | 23.6 | NEUTRAL | The ADX value for SMH suggests a possible start of a new trend. |
SMH Chart- and CandleStick Pattern Analysis
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)
SMH Technicals: Chart, Performance Metrics, Trend & Indicators
452
+8.66 (+1.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.95%
1 Week13.03%
2 Weeks24.68%
1 Month14.74%
3 Month12.89%
6 Month31.84%
12 Month134.77%
2 Year111.13%
3 Year265.62%
5 Year272.02%
10 Year1623.22%
15 Year2363.89%
Volatility
ATR(14)13.06
ATR(20)%2.75%
ATR Inc-29.94%
Range Today7.86
ADR(20)10.36
ADR(20)%2.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.31
3 months CRS87.84
6 months CRS89.64
Mansfield2.87
10 Day High452.1
10 Day Low368.1
20 Day High452.1
20 Day Low359.86
52 Week High452.1
52 Week Low184.4
CS1 End401.82
CR1 StartN/A
Volume & EV
DER(3)4.44%
DER(5)4.26%
Volume6.93M
Volume Incr-17.01%
Vol(5)8.18M
Vol(50)9.46M
VANECK SEMICONDUCTOR ETF / SMH TA FAQ
What is the ChartMill technical rating of VANECK SEMICONDUCTOR ETF (SMH) stock?
ChartMill assigns a technical rating of 10 / 10 to SMH.
Can you provide the trend direction for VANECK SEMICONDUCTOR ETF?
The current trend direction for VANECK SEMICONDUCTOR ETF (SMH) is Bullish.
What is the RSI signal for VANECK SEMICONDUCTOR ETF (SMH) stock?
VANECK SEMICONDUCTOR ETF (SMH) has an RSI value of 71.9414. This indicates that the stock is currently overbought.
Can you provide the short term momentum for VANECK SEMICONDUCTOR ETF?
The short term momentum for VANECK SEMICONDUCTOR ETF (SMH) is positive.
Can you provide the buy/sell signal for VANECK SEMICONDUCTOR ETF?
The buy/sell signal for VANECK SEMICONDUCTOR ETF (SMH) is buy as both the short term and long term trends are positive.