NUSCALE POWER CORP (SMR) Technical Analysis
NYSE:SMR • US67079K1007
We assign a technical rating of 0 out of 10 to SMR. SMR'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.
- When comparing the yearly performance of all stocks, SMR is a bad performer in the overall market: 91% of all stocks are doing better.
- SMR is part of the Electrical Equipment industry. There are 91 other stocks in this industry, of which 77% are performing better than SMR.
- SMR is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so SMR is lagging the market.
- SMR is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- SMR has an average volume of 26958200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of SMR is bad and it also does not present a 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
11.54
We found 1 important support area.
- A support zone ranging from 11.66 to 11.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 12.31 to 12.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @18.29 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 SMR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SMR is down. |
| ChartMill Relative Strength | 9.64 | NEGATIVE | SMR has a low relative strength, it was outperformed by 90.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SMR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SMR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SMR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.03 | NEUTRAL | The RSI value for SMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests SMR has a positive trend. |
| Stochastics (14,3) | 27.07 | NEUTRAL | The Stochastics value for SMR is a neutral value. |
| Average True Range in percent/ATR (20) | 8.71 | HIGH VOLATILITY | The high ATR as a percentage value for SMR suggests high volalility. |
| Average Directional Index/ADX (14) | 33.15 | POSITIVE | The high ADX value value for SMR suggests a strong trend. |
SMR Technicals: Chart, Performance Metrics, Trend & Indicators
11.76
-0.62 (-5.01%)
NUSCALE POWER CORP / SMR FAQ
Can you provide the ChartMill technical rating for NUSCALE POWER CORP?
ChartMill assigns a technical rating of 0 / 10 to SMR.
What is the trend direction for SMR stock?
The current trend direction for NUSCALE POWER CORP (SMR) is Bearish.
Can you provide the RSI signal for NUSCALE POWER CORP?
NUSCALE POWER CORP (SMR) has an RSI value of 36.0254. This indicates that the stock is currently neutral.
What is the MACD signal for SMR stock?
The MACD indicator for NUSCALE POWER CORP (SMR) has a value of 0.0689167, indicating a bearish trend.
Can you provide the support and resistance levels for NUSCALE POWER CORP?
NUSCALE POWER CORP (SMR) has a support level at 11.66 and a resistance level at 12.31. Check the full technical report for our detailed analysis of SMR support and resistance levels.