NUSCALE POWER CORP (SMR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SMR - US67079K1007 - Common Stock
Overall SMR gets a technical rating of 0 out of 10. 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.
SMR has a poor technical rating and the quality of the setup is also only medium 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.
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15.56
When analyzing the support we notice one important area.
- A support zone ranging from 15.72 to 15.96. 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 | 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 | 8.55 | NEGATIVE | SMR has a low relative strength, it was outperformed by 91.45% 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) | UP | MIXED | The current price of SMR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 33.33 | NEUTRAL | The RSI value for SMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests SMR has a positive trend. |
| Stochastics (14,3) | 6.53 | OVERSOLD | The low Stochastics value suggests SMR may be oversold. |
| Average True Range in percent/ATR (20) | 10.37 | HIGH VOLATILITY | The high ATR as a percentage value for SMR suggests high volalility. |
| Average Directional Index/ADX (14) | 29.24 | POSITIVE | The high ADX value value for SMR suggests a strong trend. |
15.97
-0.46 (-2.8%)
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 33.3321. 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 0.191617, indicating a bearish trend.
What is the buy/sell signal for SMR stock?
The buy/sell signal for NUSCALE POWER CORP (SMR) is sell as both the short term and long term trends are negative.