NUSCALE POWER CORP (SMR) Stock Technical Analysis
USA - NYSE:SMR - US67079K1007 - Common Stock
Taking everything into account, SMR scores 0 out of 10 in our technical rating. 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 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
18.40
We found 1 important support area.
- Support @18.59 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 37.74 to 38.18. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for SMR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SMR is down. |
| ChartMill Relative Strength | 14.96 | NEGATIVE | SMR has a low relative strength, it was outperformed by 85.04% 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) | 30.26 | NEUTRAL | The RSI value for SMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.86 | NEGATIVE | The MACD value suggests SMR has a negative trend. |
| Stochastics (14,3) | 2.41 | OVERSOLD | The low Stochastics value suggests SMR may be oversold. |
| Average True Range in percent/ATR (20) | 17.76 | HIGH VOLATILITY | The high ATR as a percentage value for SMR suggests high volalility. |
| Average Directional Index/ADX (14) | 22.78 | NEUTRAL | The ADX value for SMR suggests a possible start of a new trend. |
22.45
-0.7 (-3.02%)
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 current trend direction of NUSCALE POWER CORP (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 30.2573. This indicates that the stock is currently neutral.
What is the MACD signal for NUSCALE POWER CORP (SMR) stock?
The MACD indicator for NUSCALE POWER CORP (SMR) has a value of -1.86245, indicating a bearish trend.