SMITH-MIDLAND CORP (SMID)
US8321561032 - Common Stock
Overall SMID gets a technical rating of 7 out of 10. In the past year, SMID was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
Warning: SMID has an average volume of 23580 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, SMID did better than 95% of all other stocks. On top of that, SMID also shows a nice and consistent pattern of rising prices.
SMID is part of the Construction Materials industry. There are 12 other stocks in this industry. SMID outperforms 81% of them.
In the last month SMID has a been trading in the 30.50 - 39.59 range, which is quite wide. It is currently trading near the high of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
SMID is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SMID is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SMID has an excellent technical rating, but the quality of the setup is only medium 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
32.26
46.29
When analyzing the support we notice one important area.
- A support zone ranging from 32.59 to 32.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 37.51 to 37.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @45.83 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.19
Mansfield1.15
10 Day High39.59
10 Day Low30.5
20 Day High39.59
20 Day Low30.5
52 Week High48.87
52 Week Low15.23
Performance
1 Week13.98%
2 Weeks0.54%
1 Month2.68%
3 Month-15.69%
6 Month40.71%
12 Month132.49%
2 Year165.77%
3 Year111.27%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.32
RSI(14)52.36
LBB32.32
UBB38.84
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 |
|---|---|---|---|
| 37.52 | 30.49 | 7.03 (18.74%) | 5.34% |
| An entry @37.52. This is a Buy Stop order right above the resistance zone. | An exit @30.49. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 7.03 points, which is 18.74%. | When investing 5.34% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
SMITH-MIDLAND CORP
NASDAQ:SMID (5/17/2024, 7:26:50 PM)
37.5
+0.9 (+2.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryConstruction Materials
Performance
% Chg2.46%
1 Week13.98%
2 Weeks0.54%
1 Month2.68%
3 Month-15.69%
6 Month40.71%
12 Month132.49%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.26
ATR(20)%5.63%
ATR Inc
Range Today3.07
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High39.59
10 Day Low30.5
20 Day High39.59
20 Day Low30.5
52 Week High48.87
52 Week Low15.23
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume15.50K
Volume Incr21.3%
Vol(5)19.42K
Vol(50)23.58K