SMITH-MIDLAND CORP (SMID) Stock Technical Analysis
NASDAQ:SMID - Nasdaq - US8321561032 - Common Stock - Currency: USD
Taking everything into account, SMID scores 6 out of 10 in our technical rating. SMID has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
In the last month SMID has a been trading in the 32.85 - 39.93 range, which is quite wide. It is currently trading near the lows of this range.
Warning: SMID has an average volume of 16486 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, SMID outperforms 64% of them, which is more or less in line with the market.
SMID is an average performer in the Construction Materials industry, it outperforms 66% of 13 stocks in the same industry.
SMID is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SMID is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, SMID does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 37.24. Right above this resistance zone may be a good entry point.
More info and screens
28.11
39.38
We found 4 important support areas.
- Support @34.76 from a horizontal line in the daily time frame.
- Support @32.10 from a horizontal line in the daily time frame.
- Support @30.23 from a trend line in the daily time frame.
- A support zone ranging from 28.39 to 28.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 37.24 to 38.99. 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 | NEUTRAL | NEUTRAL | The long term trend for SMID is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SMID is neutral. |
| ChartMill Relative Strength | 64.69 | NEUTRAL | SMID is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SMID is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SMID is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SMID is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.25 | NEUTRAL | The RSI value for SMID is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.45 | NEGATIVE | The MACD value suggests SMID has a negative trend. |
| Stochastics (14,3) | 22.18 | NEUTRAL | The Stochastics value for SMID is a neutral value. |
| Average True Range in percent/ATR (20) | 5.35 | HIGH VOLATILITY | The high ATR as a percentage value for SMID suggests high volalility. |
| Average Directional Index/ADX (14) | 16.45 | NEGATIVE | The low ADX value for SMID suggests a weak or negative 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)
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 |
|---|---|---|---|
| 36.50 | 34.75 | 1.74 (4.78%) | 20.91% |
| An entry @36.49. This is a Buy Stop order right above the 10 day moving average. | An exit @34.75. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.74 points, which is 4.78%. | When investing 20.91% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of SMID. 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:SMID (8/1/2025, 8:03:20 PM)
35.41
+0.64 (+1.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryConstruction Materials
Performance
% Chg1.84%
1 Week-4.01%
2 Weeks-4.99%
1 Month1.37%
3 Month10.11%
6 Month-11.54%
12 Month7.3%
2 Year84.14%
3 Year52.7%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.92
ATR(20)%5.35%
ATR Inc38.12%
Range Today1.48
ADR(20)1.83
ADR(20)%5.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.69
Mansfield-0.66
10 Day High37.87
10 Day Low33.33
20 Day High39.93
20 Day Low32.85
52 Week High51.96
52 Week Low25.13
CS1 End34.76
CR1 Start37.24
Volume & EV
DER(3)-18.35%
DER(5)-12.19%
Volume9.20K
Volume Incr-59.34%
Vol(5)8.20K
Vol(50)16.49K