USA - NYSEARCA:SMIG - US26922B8321 - ETF
Overall SMIG gets a technical rating of 3 out of 10. SMIG has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Although the technical rating is bad, SMIG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 28.99, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SMIG in the last couple of days, which is a good sign.
25.31
When analyzing the support we can see 4 important areas.
When analyzing the resistance we notice one important area.
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 SMIG is neutral. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SMIG is down. |
ChartMill Relative Strength | 42.38 | NEUTRAL | SMIG is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SMIG is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of SMIG is below the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SMIG is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 42.5 | NEUTRAL | The RSI value for SMIG is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests SMIG has a negative trend. |
Stochastics (14,3) | 26.35 | NEUTRAL | The Stochastics value for SMIG is a neutral value. |
Average True Range in percent/ATR (20) | 1.05 | LOW VOLATILITY | The low ATR as a percentage value for SMIG suggests low volalility. |
Average Directional Index/ADX (14) | 12.61 | NEGATIVE | The low ADX value for SMIG suggests a weak or negative trend. |
NYSEARCA:SMIG (9/25/2025, 4:10:03 PM)
29.2
-0.26 (-0.88%)