SMITH MICRO SOFTWARE INC (SMSI) Stock Technical Analysis
NASDAQ:SMSI • US8321544053
Overall SMSI gets a technical rating of 1 out of 10. 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 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.
- When comparing the yearly performance of all stocks, SMSI is a bad performer in the overall market: 90% of all stocks are doing better.
- 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.
- In the last month SMSI has a been trading in the 0.41 - 0.59 range, which is quite wide. It is currently trading near the high of this range.
- SMSI is an average performer in the Software industry, it outperforms 41% of 276 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of SMSI is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.55
When analyzing the resistance we notice 3 important areas.
- Resistance @0.61 from a horizontal line in the weekly time frame.
- Resistance @0.63 from a horizontal line in the daily time frame.
- Resistance @1.15 from a horizontal line in the weekly 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 | 10.28 | NEGATIVE | SMSI has a low relative strength, it was outperformed by 89.72% 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) | DOWN | MIXED | The current price of SMSI is above 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) | 59.99 | 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. |
| Stochastics (14,3) | 65.25 | NEUTRAL | The Stochastics value for SMSI is a neutral value. |
| Average True Range in percent/ATR (20) | 7.48 | HIGH VOLATILITY | The high ATR as a percentage value for SMSI suggests high volalility. |
| Average Directional Index/ADX (14) | 27.94 | POSITIVE | The high ADX value value for SMSI suggests a strong trend. |
0.56
+0.06 (+12%)
SMITH MICRO SOFTWARE INC / SMSI FAQ
What is the ChartMill technical rating of SMITH MICRO SOFTWARE INC (SMSI) stock?
ChartMill assigns a technical rating of 1 / 10 to SMSI.
Can you provide the trend direction for SMITH MICRO SOFTWARE INC?
The current trend direction for SMITH MICRO SOFTWARE INC (SMSI) is Bearish.
What is the RSI signal for SMITH MICRO SOFTWARE INC (SMSI) stock?
SMITH MICRO SOFTWARE INC (SMSI) has an RSI value of 59.9945. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SMITH MICRO SOFTWARE INC?
The MACD indicator for SMITH MICRO SOFTWARE INC (SMSI) has a value of 0.00838882, indicating a bearish trend.
What is the support and resistance level for SMSI stock?
SMITH MICRO SOFTWARE INC (SMSI) has a resistance level at 0.61. Check the full technical report for our detailed analysis of SMSI support and resistance levels.