SUMMIT HEALTHCARE ACQ-A (SMIH)
KYG8566R1020 - Common Stock
We assign a technical rating of 9 out of 10 to SMIH. In the last year, SMIH was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Looking at the yearly performance, SMIH did better than 95% of all other stocks.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
SMIH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SMIH is lagging the market.
In the last month SMIH has a been trading in the 9.20 - 18.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although SMIH has an excellent technical rating, it does not present a decent entry opportunity 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
9.51
13.13
When analyzing the support we notice one important area.
- A support zone ranging from 9.61 to 9.73. This zone is formed by a combination of multiple trend lines 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
CRS95.9
Mansfield3.26
10 Day High18.44
10 Day Low9.2
20 Day High18.44
20 Day Low9.2
52 Week High18.44
52 Week Low9.2
Performance
1 Week33.61%
2 Weeks27.7%
1 Month28.21%
3 Month29.48%
6 Month32.38%
12 Month34.58%
2 YearN/A
3 YearN/A
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)0.29
RSI(14)89.22
LBB8.56
UBB12.58
SUMMIT HEALTHCARE ACQ-A
NASDAQ:SMIH (3/16/2023, 8:00:25 PM)
After market: 13.3 +0.3 (+2.31%)13
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week33.61%
2 Weeks27.7%
1 Month28.21%
3 Month29.48%
6 Month32.38%
12 Month34.58%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.3
ATR(20)%7.07%
ATR Inc
Range Today3.53
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 High18.44
10 Day Low9.2
20 Day High18.44
20 Day Low9.2
52 Week High18.44
52 Week Low9.2
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume108.50K
Volume Incr12.81%
Vol(5)131.30K
Vol(50)80.96K