Overall SMHB gets a technical rating of 0 out of 10. SMHB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
SMHB has a poor technical rating and the quality of the setup is also not perfect 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
3.33
We found 3 important support areas.
- Support @3.85 from a horizontal line in the daily time frame.
- A support zone ranging from 3.63 to 3.67. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @3.36 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 4.25 to 4.28. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @4.47 from a trend line in the weekly time frame.
- Resistance @4.87 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 | DOWN | NEGATIVE | The long term trend for SMHB is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SMHB is neutral. |
| ChartMill Relative Strength | 24.44 | NEGATIVE | SMHB has a low relative strength, it was outperformed by 75.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SMHB is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SMHB is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SMHB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.94 | NEUTRAL | The RSI value for SMHB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SMHB has a positive trend. |
| Stochastics (14,3) | 76.56 | NEUTRAL | The Stochastics value for SMHB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.48 | MEDIUM VOLATILITY | The ATR as a percentage value for SMHB suggests some volalility. |
| Average Directional Index/ADX (14) | 12.46 | NEGATIVE | The low ADX value for SMHB suggests a weak or negative trend. |
4.24
+0.07 (+1.56%)
ETRACS MON PAY 2X LEV US -B / SMHB FAQ
What is the ChartMill technical rating of ETRACS MON PAY 2X LEV US -B (SMHB) stock?
ChartMill assigns a technical rating of 0 / 10 to SMHB.
What is the trend direction for SMHB stock?
The current trend direction for ETRACS MON PAY 2X LEV US -B (SMHB) is Bearish.
What is the RSI signal for SMHB stock?
ETRACS MON PAY 2X LEV US -B (SMHB) has an RSI value of 58.9431. This indicates that the stock is currently neutral.
What is the short term momentum for SMHB stock?
The short term momentum for ETRACS MON PAY 2X LEV US -B (SMHB) is neutral.
What is the support and resistance level for SMHB stock?
ETRACS MON PAY 2X LEV US -B (SMHB) has a support level at 3.85 and a resistance level at 4.25. Check the full technical report for our detailed analysis of SMHB support and resistance levels.