Taking everything into account, SMID scores 3 out of 10 in our technical rating. In the past year, SMID was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The technical rating of SMID is bad and it also does not present a quality setup 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
29.09
We found 4 important support areas.
- A support zone ranging from 35.62 to 36.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 33.68 to 33.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 32.20 to 32.27. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @29.38 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @40.43 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for SMID is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SMID is up. |
| ChartMill Relative Strength | 29.06 | NEGATIVE | SMID has a low relative strength, it was outperformed by 70.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SMID is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SMID is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SMID is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.7 | NEUTRAL | The RSI value for SMID is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests SMID has a positive trend. |
| Stochastics (14,3) | 71.11 | NEUTRAL | The Stochastics value for SMID is a neutral value. |
| Average True Range in percent/ATR (20) | 4.6 | MEDIUM VOLATILITY | The ATR as a percentage value for SMID suggests some volalility. |
| Average Directional Index/ADX (14) | 19.57 | NEGATIVE | The low ADX value for SMID suggests a weak or negative trend. |
37.49
+1.15 (+3.16%)
SMITH-MIDLAND CORP / SMID FAQ
Can you provide the ChartMill technical rating for SMITH-MIDLAND CORP?
ChartMill assigns a technical rating of 3 / 10 to SMID.
What is the current trend direction of SMITH-MIDLAND CORP (SMID) stock?
The current trend direction for SMITH-MIDLAND CORP (SMID) is Bearish.
Can you provide the RSI signal for SMITH-MIDLAND CORP?
SMITH-MIDLAND CORP (SMID) has an RSI value of 61.7036. This indicates that the stock is currently neutral.
What is the MACD signal for SMID stock?
The MACD indicator for SMITH-MIDLAND CORP (SMID) has a value of 0.334706, indicating a bearish trend.
What is the short term momentum for SMITH-MIDLAND CORP (SMID) stock?
The short term momentum for SMITH-MIDLAND CORP (SMID) is positive.