NUSCALE POWER CORP (SMR) Stock Technical Analysis
USA - NYSE:SMR - US67079K1007 - Common Stock
44.25 USD
-3.39 (-7.12%)
44.9999 USD
+0.75 (+1.69%)
Overall SMR gets a technical rating of 8 out of 10. In the last year, SMR was one of the better performers, but we do observe some doubts in the very recent evolution.
The long and short term trends are both positive. This is looking good!
SMR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SMR is lagging the market slightly.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
SMR has an average volume of 18768200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, SMR did better than 93% of all other stocks. We also observe that the gains produced by SMR over the past year are nicely spread over this period. However, this overall performance is mostly based on the strong move around 4 months ago.
SMR is an average performer in the Electrical Equipment industry, it outperforms 69% of 92 stocks in the same industry.
In the last month SMR has a been trading in the 35.25 - 57.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although SMR 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
36.93
47.25
3 important support areas can be observed.
- Support @40.51 from a trend line in the weekly time frame.
- A support zone ranging from 38.44 to 39.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @37.30 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 44.26 to 44.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @46.78 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for SMR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SMR is up. |
| ChartMill Relative Strength | 93.94 | POSITIVE | SMR has a high relative strength, it outperformed 93.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SMR is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SMR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SMR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.99 | NEUTRAL | The RSI value for SMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.82 | POSITIVE | The MACD value suggests SMR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.14 | NEUTRAL | The Stochastics value for SMR is a neutral value. |
| Average True Range in percent/ATR (20) | 10.13 | HIGH VOLATILITY | The high ATR as a percentage value for SMR suggests high volalility. |
| Average Directional Index/ADX (14) | 25.95 | POSITIVE | The high ADX value value for SMR 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)
44.25
-3.39 (-7.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-7.12%
1 Week12.77%
2 Weeks10.29%
1 Month-5.39%
3 Month-11.94%
6 Month202.88%
12 Month143%
2 Year1209.17%
3 Year292.29%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.98
ATR(20)%10.13%
ATR Inc91.46%
Range Today6
ADR(20)4.11
ADR(20)%9.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.94
Mansfield4.4
10 Day High57.42
10 Day Low37.92
20 Day High57.42
20 Day Low35.25
52 Week High57.42
52 Week Low11.08
CS1 End40.51
CR1 Start44.26
Volume & EV
DER(3)-1.72%
DER(5)0.38%
Volume30.75M
Volume Incr75.07%
Vol(5)37.31M
Vol(50)18.77M