SMITH MICRO SOFTWARE INC (SMSI) Stock Technical Analysis
USA - NASDAQ:SMSI - US8321544053 - Common Stock
0.8137 USD
+0 (+0.46%)
0.8011 USD
-0.01 (-1.55%)
Overall SMSI gets a technical rating of 5 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. SMSI was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, SMSI is a bad performer in the overall market: 81% of all stocks are doing better.
SMSI is part of the Software industry. There are 282 other stocks in this industry, of which 61% are performing better than SMSI.
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.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month SMSI has a been trading in the 0.71 - 0.91 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
SMSI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
0.68
1.09
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.80 to 0.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.74 to 0.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.69 to 0.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- Resistance @0.82 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 0.87 to 0.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.90 from a horizontal line in the daily time frame.
- Resistance @1.08 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 | UP | POSITIVE | The short term trend for SMSI is up. |
| ChartMill Relative Strength | 19.21 | NEGATIVE | SMSI has a low relative strength, it was outperformed by 80.79% off all stocks 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) | UP | POSITIVE | The current price of SMSI is above 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) | 54.74 | NEUTRAL | The RSI value for SMSI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SMSI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 48.18 | NEUTRAL | The Stochastics value for SMSI is a neutral value. |
| Average True Range in percent/ATR (20) | 7.59 | HIGH VOLATILITY | The high ATR as a percentage value for SMSI suggests high volalility. |
| Average Directional Index/ADX (14) | 25.52 | POSITIVE | The high ADX value value for SMSI 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)
0.8137
+0 (+0.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.46%
1 Week-9.8%
2 Weeks10.67%
1 Month12.61%
3 Month-8.72%
6 Month-11.42%
12 Month-11.89%
2 Year-90.45%
3 Year-95.52%
5 Year-97.54%
10 Year-96.16%
15 Year-99.79%
Volatility
ATR(14)0.06
ATR(20)%7.59%
ATR Inc-16.05%
Range Today0.06
ADR(20)0.06
ADR(20)%7.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.21
Mansfield-2.19
10 Day High0.91
10 Day Low0.74
20 Day High0.91
20 Day Low0.71
52 Week High1.95
52 Week Low0.6
CS1 End0.81
CR1 Start0.82
Volume & EV
DER(3)1.68%
DER(5)-4.57%
Volume19.62M
Volume Incr1124.33%
Vol(5)2.70M
Vol(50)447.54K