SMITH MICRO SOFTWARE INC (SMSI) Stock Technical Analysis
NASDAQ:SMSI - Nasdaq - US8321544053 - Common Stock - Currency: USD
Taking everything into account, SMSI scores 1 out of 10 in our technical rating. SMSI'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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
96% of all other stocks performed better in the past year than SMSI.
SMSI is one of the lesser performing stocks in the Software industry. 85% of 283 stocks in the same industry do better.
SMSI is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SMSI is lagging the market.
In the last month SMSI has a been trading in the 0.76 - 1.18 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
SMSI has a poor technical rating and the quality of the setup is also not perfect 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
0.68
1.06
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.76 to 0.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.69 to 0.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 0.81 to 0.81. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 0.88 to 0.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.00 from a trend line in the daily time frame.
- Resistance @1.03 from a trend line in the weekly time frame.
- Resistance @1.05 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 | DOWN | NEGATIVE | The short term trend for SMSI is down. |
| ChartMill Relative Strength | 4.55 | NEGATIVE | SMSI has a low relative strength, it was outperformed by 95.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SMSI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SMSI is below the rising 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) | 39.48 | NEUTRAL | The RSI value for SMSI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SMSI has a negative trend. |
| Stochastics (14,3) | 11.09 | OVERSOLD | The low Stochastics value suggests SMSI may be oversold. |
| Average True Range in percent/ATR (20) | 11.07 | HIGH VOLATILITY | The high ATR as a percentage value for SMSI suggests high volalility. |
| Average Directional Index/ADX (14) | 24.25 | NEUTRAL | The ADX value for SMSI suggests a possible start of a new 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)
0.8029
+0.02 (+2.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg2.94%
1 Week-8.46%
2 Weeks-16.43%
1 Month-24.25%
3 Month-42.24%
6 Month5.35%
12 Month-67.23%
2 Year-91.71%
3 Year-96.18%
5 Year-97.64%
10 Year-97.8%
15 Year-99.75%
Volatility
ATR(14)0.09
ATR(20)%11.07%
ATR Inc-23.59%
Range Today0.06
ADR(20)0.08
ADR(20)%10.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.55
Mansfield-3.64
10 Day High1
10 Day Low0.76
20 Day High1.18
20 Day Low0.76
52 Week High2.57
52 Week Low0.52
CS1 End0.77
CR1 Start0.81
Volume & EV
DER(3)-15.45%
DER(5)-9.88%
Volume46.10K
Volume Incr-10.33%
Vol(5)129.96K
Vol(50)142.36K