SCHMITT INDUSTRIES INC (SMIT)

US8068702005 - Common Stock

0.4195  +0.04 (+10.39%)

After market: 0.4075 -0.01 (-2.86%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to SMIT. 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.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
100% of all other stocks performed better in the past year than SMIT.
SMIT is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 91% of 128 stocks in the same industry do better.
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.
Weekly and Daily overview Charts
SMIT Weekly chart
SMIT Daily chart
Setup Rating and Analysis

5

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.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.63
Mansfield-8.71
10 Day High0.54
10 Day Low0.23
20 Day High0.87
20 Day Low0.21
52 Week High5.48
52 Week Low0.21
Performance
1 Week42.25%
2 Weeks62.53%
1 Month-50.06%
3 Month-74.1%
6 Month-90.48%
12 Month-91.85%
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)0.04
RSI(14)43.01
LBB0.21
UBB0.45
SMIT Daily chart

SCHMITT INDUSTRIES INC

NASDAQ:SMIT (1/13/2023, 7:00:03 PM)

After market: 0.4075 -0.01 (-2.86%)

0.4195

+0.04 (+10.39%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg10.39%
1 Week42.25%
2 Weeks62.53%
1 Month-50.06%
3 Month-74.1%
6 Month-90.48%
12 Month-91.85%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.12
ATR(20)%31.03%
ATR Inc
Range Today0.06
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 High0.54
10 Day Low0.23
20 Day High0.87
20 Day Low0.21
52 Week High5.48
52 Week Low0.21
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume152.50K
Volume Incr-53.61%
Vol(5)192.98K
Vol(50)200.49K