VANECK FABLES SMICNDCTR ETF (SMHX) Stock Technical Analysis
NASDAQ:SMHX - Nasdaq - US92189H6642 - ETF - Currency: USD
Taking everything into account, SMHX scores 6 out of 10 in our technical rating. SMHX has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
SMHX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 28.19. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 27.56, a Stop Loss order could be placed below this zone.
More info and screens
27.15
We found 1 important support area.
- A support zone ranging from 27.42 to 27.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 28.19 to 28.42. This zone is formed by a combination of multiple trend lines 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 | 0 | NEGATIVE | SMHX has a low relative strength, it was outperformed by 100% 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). |
| Relative Strength Index/RSI (14) | 65.39 | NEUTRAL | The RSI value for SMHX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests SMHX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.79 | OVERBOUGHT | The high Stochastics value suggests SMHX may be overbought. |
| Average True Range in percent/ATR (20) | 2.76 | MEDIUM VOLATILITY | The ATR as a percentage value for SMHX suggests some volalility. |
| Average Directional Index/ADX (14) | 24.29 | NEUTRAL | The ADX value for SMHX suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 28.43 | 27.41 | 1.02 (3.59%) | 25.00% |
| An entry @28.43. This is a Buy Stop order right above the resistance zone. | An exit @27.41. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.02 points, which is 3.59%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.90%. |
- The distance between exit and entry is rather small compared to the average daily movement of SMHX. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:SMHX (5/22/2025, 12:05:25 PM)
27.78
+0.21 (+0.76%)