SMITH MICRO SOFTWARE INC (SMSI) Stock Technical Analysis
NASDAQ:SMSI - US8321544053 - Common Stock
0.7398 USD
+0.01 (+1.36%)
0.74 USD
+0 (+0.03%)
Overall SMSI gets a technical rating of 2 out of 10. SMSI 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
SMSI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
When compared to the yearly performance of all other stocks, SMSI outperforms 55% of them, which is more or less in line with the market.
SMSI is part of the Software industry. There are 280 other stocks in this industry, SMSI did better than 55% of them.
In the last month SMSI has a been trading in the 0.64 - 0.77 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, SMSI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.75. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.72, a Stop Loss order could be placed below this zone.
More info and screens
0.66
1.00
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.69 to 0.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.67 from a horizontal line in the weekly time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 0.75 to 0.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.79 to 0.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.86 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.91 to 0.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.99 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 | DOWN | NEGATIVE | The long term trend for SMSI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SMSI is neutral. |
| ChartMill Relative Strength | 55.09 | NEUTRAL | SMSI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SMSI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SMSI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SMSI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51 | NEUTRAL | The RSI value for SMSI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SMSI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.25 | NEUTRAL | The Stochastics value for SMSI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.21 | HIGH VOLATILITY | The high ATR as a percentage value for SMSI suggests high volalility. |
| Average Directional Index/ADX (14) | 11.14 | NEGATIVE | The low ADX value for SMSI suggests a weak or negative 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)
0.7398
+0.01 (+1.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.36%
1 Week1.97%
2 Weeks9.44%
1 Month10.25%
3 Month-17.77%
6 Month-38.86%
12 Month33.51%
2 Year-92.36%
3 Year-95.91%
5 Year-97.52%
10 Year-97.34%
15 Year-99.77%
Volatility
ATR(14)0.04
ATR(20)%5.21%
ATR Inc-40.12%
Range Today0.03
ADR(20)0.04
ADR(20)%5.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.09
Mansfield-2.92
10 Day High0.77
10 Day Low0.66
20 Day High0.77
20 Day Low0.64
52 Week High1.95
52 Week Low0.52
CS1 End0.72
CR1 Start0.75
Volume & EV
DER(3)-17.99%
DER(5)-11.6%
Volume87.60K
Volume Incr-64.72%
Vol(5)76.44K
Vol(50)299.94K