SEMLER SCIENTIFIC INC (SMLR) Stock Technical Analysis
USA - NASDAQ:SMLR - US81684M1045 - Common Stock
We assign a technical rating of 0 out of 10 to SMLR. SMLR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
SMLR has a poor technical rating and the quality of the setup is also not perfect 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
22.69
We found 1 important support area.
- A support zone ranging from 22.92 to 23.18. This zone is formed by a combination of multiple trend lines in the weekly time frame.
4 important resistance areas can be observed.
- Resistance @30.48 from a trend line in the daily time frame.
- Resistance @31.36 from a horizontal line in the daily time frame.
- Resistance @33.27 from a trend line in the weekly time frame.
- Resistance @40.68 from a trend line in the daily time frame.
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 SMLR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SMLR is neutral. |
| ChartMill Relative Strength | 6.98 | NEGATIVE | SMLR has a low relative strength, it was outperformed by 93.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SMLR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SMLR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SMLR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.5 | NEUTRAL | The RSI value for SMLR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests SMLR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 31.54 | NEUTRAL | The Stochastics value for SMLR is a neutral value. |
| Average True Range in percent/ATR (20) | 9.09 | HIGH VOLATILITY | The high ATR as a percentage value for SMLR suggests high volalility. |
| Average Directional Index/ADX (14) | 24.43 | NEUTRAL | The ADX value for SMLR suggests a possible start of a new trend. |
25.41
-1.05 (-3.97%)
SEMLER SCIENTIFIC INC / SMLR FAQ
What is the ChartMill technical rating of SEMLER SCIENTIFIC INC (SMLR) stock?
ChartMill assigns a technical rating of 0 / 10 to SMLR.
What is the trend direction for SMLR stock?
The current trend direction for SEMLER SCIENTIFIC INC (SMLR) is Bearish.
What is the RSI signal for SEMLER SCIENTIFIC INC (SMLR) stock?
SEMLER SCIENTIFIC INC (SMLR) has an RSI value of 46.4966. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for SEMLER SCIENTIFIC INC?
SEMLER SCIENTIFIC INC (SMLR) has a support level at 23.18 and a resistance level at 30.48. Check the full technical report for our detailed analysis of SMLR support and resistance levels.