Overall SMHX gets a technical rating of 9 out of 10. Both in the recent history as in the last year, SMHX has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although SMHX 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
35.34
2 important support areas can be observed.
- A support zone ranging from 37.03 to 37.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 35.70 to 35.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @42.23 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 SMHX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SMHX is up. |
| ChartMill Relative Strength | 85.72 | POSITIVE | SMHX has a high relative strength, it outperformed 85.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SMHX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SMHX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SMHX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.46 | NEUTRAL | The RSI value for SMHX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.39 | POSITIVE | The MACD value suggests SMHX has a positive trend. |
| Stochastics (14,3) | 97.51 | OVERBOUGHT | The high Stochastics value suggests SMHX may be overbought. |
| Average True Range in percent/ATR (20) | 2.82 | MEDIUM VOLATILITY | The ATR as a percentage value for SMHX suggests some volalility. |
| Average Directional Index/ADX (14) | 15.32 | NEGATIVE | The low ADX value for SMHX suggests a weak or negative trend. |
40.7791
+0.43 (+1.06%)
VANECK FABLES SMICNDCTR ETF / SMHX FAQ
What is the ChartMill technical rating of VANECK FABLES SMICNDCTR ETF (SMHX) stock?
ChartMill assigns a technical rating of 9 / 10 to SMHX.
What is the trend direction for SMHX stock?
The current trend direction for VANECK FABLES SMICNDCTR ETF (SMHX) is Bullish.
What is the RSI signal for VANECK FABLES SMICNDCTR ETF (SMHX) stock?
VANECK FABLES SMICNDCTR ETF (SMHX) has an RSI value of 63.4568. This indicates that the stock is currently neutral.
Can you provide the MACD signal for VANECK FABLES SMICNDCTR ETF?
The MACD indicator for VANECK FABLES SMICNDCTR ETF (SMHX) has a value of 0.390673, indicating a bearish trend.
What is the short term momentum for VANECK FABLES SMICNDCTR ETF (SMHX) stock?
The short term momentum for VANECK FABLES SMICNDCTR ETF (SMHX) is positive.