SEMLER SCIENTIFIC INC (SMLR) Stock Technical Analysis
NASDAQ:SMLR - Nasdaq - US81684M1045 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to SMLR. Although SMLR has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
SMLR is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry. SMLR outperforms 90% of them.
In the last month SMLR has a been trading in the 27.78 - 48.77 range, which is quite wide. It is currently trading near the high of this range.
SMLR has an average volume of 1180920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, SMLR did better than 88% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
SMLR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SMLR 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.
Although SMLR 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
28.79
46.44
When analyzing the support we can see 3 important areas.
- A support zone ranging from 40.71 to 40.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @30.24 from a trend line in the weekly time frame.
- Support @29.08 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 45.54 to 45.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 SMLR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SMLR is up. |
| ChartMill Relative Strength | 88.04 | POSITIVE | SMLR has a high relative strength, it outperformed 88.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SMLR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SMLR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SMLR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.89 | NEUTRAL | The RSI value for SMLR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.9 | POSITIVE | The MACD value suggests SMLR has a positive trend. |
| Stochastics (14,3) | 81.73 | OVERBOUGHT | The high Stochastics value suggests SMLR may be overbought. |
| Average True Range in percent/ATR (20) | 7.97 | HIGH VOLATILITY | The high ATR as a percentage value for SMLR suggests high volalility. |
| Average Directional Index/ADX (14) | 19.74 | NEGATIVE | The low ADX value for SMLR suggests a weak or negative trend. |
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)
45.53
-0.44 (-0.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.96%
1 Week12.56%
2 Weeks17.38%
1 Month43.54%
3 Month34.86%
6 Month-11.35%
12 Month35.83%
2 Year85.46%
3 Year46.73%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.01
ATR(20)%7.97%
ATR Inc32.08%
Range Today3.03
ADR(20)3.27
ADR(20)%7.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.04
Mansfield0.62
10 Day High48.77
10 Day Low35.37
20 Day High48.77
20 Day Low27.78
52 Week High81.56
52 Week Low21.77
CS1 End40.78
CR1 Start45.54
Volume & EV
DER(3)0.69%
DER(5)1.83%
Volume1.19M
Volume Incr-22.59%
Vol(5)1.01M
Vol(50)1.18M