SEMLER SCIENTIFIC INC (SMLR) Stock Technical Analysis
NASDAQ:SMLR - Nasdaq - US81684M1045 - Common Stock - Currency: USD
Overall SMLR gets a technical rating of 7 out of 10. 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 short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
SMLR is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 94% of 189 stocks in the same industry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that SMLR is one of the better performing stocks in the market, outperforming 94% of all 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 trading in the upper part of its 52 week range, so SMLR is lagging the market slightly.
In the last month SMLR has a been trading in the 30.33 - 50.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although SMLR has an excellent technical rating, it does not offer a high quality setup 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
22.92
45.39
When analyzing the support we can see 5 important areas.
- Support @34.01 from a trend line in the weekly time frame.
- Support @32.44 from a trend line in the daily time frame.
- Support @31.09 from a trend line in the daily time frame.
- Support @24.09 from a trend line in the weekly time frame.
- Support @23.15 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 44.33 to 44.94. 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 | 94.67 | POSITIVE | SMLR has a high relative strength, it outperformed 94.67% 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) | 63.38 | NEUTRAL | The RSI value for SMLR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.27 | POSITIVE | The MACD value suggests SMLR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.91 | NEUTRAL | The Stochastics value for SMLR is a neutral value. |
| Average True Range in percent/ATR (20) | 8.99 | HIGH VOLATILITY | The high ATR as a percentage value for SMLR suggests high volalility. |
| Average Directional Index/ADX (14) | 25.84 | POSITIVE | The high ADX value value for SMLR suggests a strong 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)
44.32
-0.61 (-1.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-1.36%
1 Week8.41%
2 Weeks27.39%
1 Month20.3%
3 Month-7.16%
6 Month-30.37%
12 Month90.05%
2 Year61.22%
3 Year59.08%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.49
ATR(20)%8.99%
ATR Inc28.87%
Range Today3.22
ADR(20)3.78
ADR(20)%8.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.67
Mansfield1.13
10 Day High50.44
10 Day Low30.33
20 Day High50.44
20 Day Low30.33
52 Week High81.56
52 Week Low21.77
CS1 End34.01
CR1 Start44.33
Volume & EV
DER(3)-3.35%
DER(5)-3.64%
Volume1.15M
Volume Incr199.92%
Vol(5)2.14M
Vol(50)648.21K