SMARTRENT INC (SMRT) Technical Analysis
NYSE:SMRT • US83193G1076
Current stock price
SMRT Technical Rating and Analysis
Taking everything into account, SMRT scores 1 out of 10 in our technical rating. SMRT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- In the last month SMRT has a been trading in the 1.41 - 1.90 range, which is quite wide. It is currently trading near the lows of this range.
- SMRT has an average volume of 1161590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, SMRT turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
- SMRT is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, SMRT did better than 49% of them.
- SMRT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SMRT is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
SMRT Weekly and Daily overview Charts
SMRT Setup Rating and Analysis
The technical rating of SMRT 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
SMRT Support and Resistance Analysis
1.39
When analyzing the support we can see 2 important areas.
- Support @1.47 from a horizontal line in the weekly time frame.
- A support zone ranging from 1.40 to 1.42. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 1.52 to 1.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.62 to 1.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.80 from a trend line in the daily time frame.
- Resistance @1.99 from a trend line in the weekly time frame.
SMRT Technical Indicator Signal Analysis
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 SMRT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SMRT is down. |
| ChartMill Relative Strength | 66.91 | NEUTRAL | SMRT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SMRT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SMRT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SMRT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.34 | NEUTRAL | The RSI value for SMRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SMRT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.26 | NEUTRAL | The Stochastics value for SMRT is a neutral value. |
| Average True Range in percent/ATR (20) | 6.06 | HIGH VOLATILITY | The high ATR as a percentage value for SMRT suggests high volalility. |
| Average Directional Index/ADX (14) | 21.04 | NEUTRAL | The ADX value for SMRT suggests a possible start of a new trend. |
SMRT Chart- and CandleStick Pattern Analysis
SMRT Technicals: Chart, Performance Metrics, Trend & Indicators
1.52
+0.03 (+2.01%)
SMARTRENT INC / SMRT TA FAQ
What is the technical rating for SMRT stock?
ChartMill assigns a technical rating of 1 / 10 to SMRT.
Can you provide the trend direction for SMARTRENT INC?
The current trend direction for SMARTRENT INC (SMRT) is Bearish.
What is the RSI signal for SMRT stock?
SMARTRENT INC (SMRT) has an RSI value of 43.3394. This indicates that the stock is currently neutral.
What is the short term momentum for SMRT stock?
The short term momentum for SMARTRENT INC (SMRT) is negative.
What are the support and resistance levels for SMARTRENT INC (SMRT) stock?
SMARTRENT INC (SMRT) has a support level at 1.47 and a resistance level at 1.52. Check the full technical report for our detailed analysis of SMRT support and resistance levels.