SCHMITT INDUSTRIES INC (SMIT) Technical Analysis
NASDAQ:SMIT • US8068702005
Current stock price
SMIT Technical Rating and Analysis
Overall SMIT gets a technical rating of 0 out of 10. SMIT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than SMIT.
- SMIT is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, of which 91% are performing better than SMIT.
- SMIT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month SMIT has a been trading in the 0.21 - 0.87 range, which is quite wide. It is currently trading near the lows of this range.
SMIT Weekly and Daily overview Charts
SMIT Setup Rating and Analysis
Although the technical rating is bad, SMIT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
SMIT Support and Resistance Analysis
SMIT Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for SMIT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SMIT is down. |
| ChartMill Relative Strength | 0.63 | NEGATIVE | SMIT has a low relative strength, it was outperformed by 99.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SMIT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SMIT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SMIT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.01 | NEUTRAL | The RSI value for SMIT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests SMIT has a positive trend. |
| Stochastics (14,3) | 50.87 | NEUTRAL | The Stochastics value for SMIT is a neutral value. |
| Average True Range in percent/ATR (20) | 31.03 | HIGH VOLATILITY | The high ATR as a percentage value for SMIT suggests high volalility. |
| Average Directional Index/ADX (14) | 21.38 | NEUTRAL | The ADX value for SMIT suggests a possible start of a new trend. |
SMIT Chart- and CandleStick Pattern Analysis
SMIT Technicals: Chart, Performance Metrics, Trend & Indicators
0.4195
+0.04 (+10.39%)
SCHMITT INDUSTRIES INC / SMIT TA FAQ
What is the ChartMill technical rating of SCHMITT INDUSTRIES INC (SMIT) stock?
ChartMill assigns a technical rating of 0 / 10 to SMIT.
Can you provide the trend direction for SCHMITT INDUSTRIES INC?
The current trend direction for SCHMITT INDUSTRIES INC (SMIT) is Bearish.
What is the RSI signal for SMIT stock?
SCHMITT INDUSTRIES INC (SMIT) has an RSI value of 43.0089. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SCHMITT INDUSTRIES INC?
The MACD indicator for SCHMITT INDUSTRIES INC (SMIT) has a value of 0.0407258, indicating a bearish trend.
What is the buy/sell signal for SCHMITT INDUSTRIES INC (SMIT) stock?
The buy/sell signal for SCHMITT INDUSTRIES INC (SMIT) is sell as both the short term and long term trends are negative.