SMARTRENT INC (SMRT) Stock Technical Analysis
USA - NYSE:SMRT - US83193G1076 - Common Stock
1.6 USD
-0.04 (-2.44%)
1.57 USD
-0.03 (-1.88%)
We assign a technical rating of 9 out of 10 to SMRT. Both in the recent history as in the last year, SMRT has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
SMRT 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 SMRT is lagging the market slightly.
SMRT has an average volume of 1353540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that SMRT is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
SMRT is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry, SMRT did better than 64% of them.
In the last month SMRT has a been trading in the 1.37 - 1.78 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SMRT has an excellent technical rating, but the quality of the setup is 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.
More info and screens
1.03
1.62
We found 3 important support areas.
- A support zone ranging from 1.42 to 1.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.09 from a trend line in the daily time frame.
- Support @1.04 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 | UP | POSITIVE | The long term trend for SMRT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SMRT is up. |
| ChartMill Relative Strength | 86.31 | POSITIVE | SMRT has a high relative strength, it outperformed 86.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SMRT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SMRT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SMRT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.77 | NEUTRAL | The RSI value for SMRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SMRT has a positive trend. |
| Stochastics (14,3) | 61.34 | NEUTRAL | The Stochastics value for SMRT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.74 | HIGH VOLATILITY | The high ATR as a percentage value for SMRT suggests high volalility. |
| Average Directional Index/ADX (14) | 41.63 | POSITIVE | The high ADX value value for SMRT 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.79 | 1.41 | 0.38 (21.23%) | 4.71% |
| An entry @1.79. This is a Buy Stop order right above the 10 day high. | An exit @1.41. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.38 points, which is 21.23%. | When investing 4.71% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
1.6
-0.04 (-2.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-2.44%
1 Week7.38%
2 Weeks12.68%
1 Month10.34%
3 Month79.78%
6 Month36.75%
12 Month-8.57%
2 Year-38.7%
3 Year-29.52%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%5.74%
ATR Inc125.77%
Range Today0.13
ADR(20)0.08
ADR(20)%5.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.31
Mansfield0.95
10 Day High1.78
10 Day Low1.4
20 Day High1.78
20 Day Low1.37
52 Week High1.99
52 Week Low0.67
CS1 End1.44
CR1 StartN/A
Volume & EV
DER(3)-4.95%
DER(5)-3.7%
Volume1.48M
Volume Incr53.34%
Vol(5)1.73M
Vol(50)1.35M