SMITH MICRO SOFTWARE INC (SMSI) Technical Analysis
NASDAQ:SMSI • US8321544053
Current stock price
SMSI Technical Rating and Analysis
Taking everything into account, SMSI scores 5 out of 10 in our technical rating. SMSI was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
- 75% of all other stocks performed better in the past year than SMSI.
- In the last month SMSI has a been trading in the 0.67 - 0.87 range, which is quite wide. It is currently trading near the lows of this range.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- SMSI is part of the Software industry. There are 271 other stocks in this industry. SMSI outperforms 72% of them.
- SMSI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SMSI is lagging the market.
- Considerably lower volume is observed in the last couple of days.
SMSI Weekly and Daily overview Charts
SMSI Setup Rating and Analysis
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. There is a support zone below the current price at 0.68, a Stop Loss order could be placed below this zone.
More info and screens
SMSI Support and Resistance Analysis
0.66
We found 1 important support area.
- A support zone ranging from 0.67 to 0.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @0.73 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.76 to 0.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.81 from a horizontal line in the weekly time frame.
- Resistance @0.85 from a trend line in the daily time frame.
SMSI 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 | UP | POSITIVE | The long term trend for SMSI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SMSI is neutral. |
| ChartMill Relative Strength | 25.75 | NEGATIVE | SMSI has a low relative strength, it was outperformed by 74.25% 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 | POSITIVE | The current price of SMSI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SMSI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.35 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 12.3 | OVERSOLD | The low Stochastics value suggests SMSI may be oversold. |
| Average True Range in percent/ATR (20) | 8.25 | HIGH VOLATILITY | The high ATR as a percentage value for SMSI suggests high volalility. |
| Average Directional Index/ADX (14) | 22.91 | NEUTRAL | The ADX value for SMSI suggests a possible start of a new trend. |
SMSI Chart- and CandleStick Pattern Analysis
SMSI Technicals: Chart, Performance Metrics, Trend & Indicators
0.6937
-0.01 (-0.9%)
SMITH MICRO SOFTWARE INC / SMSI TA FAQ
What is the ChartMill technical rating of SMITH MICRO SOFTWARE INC (SMSI) stock?
ChartMill assigns a technical rating of 5 / 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 Bullish.
Can you provide the RSI signal for SMITH MICRO SOFTWARE INC?
SMITH MICRO SOFTWARE INC (SMSI) has an RSI value of 47.3471. This indicates that the stock is currently neutral.
What are the support and resistance levels for SMITH MICRO SOFTWARE INC (SMSI) stock?
SMITH MICRO SOFTWARE INC (SMSI) has a support level at 0.68 and a resistance level at 0.73. Check the full technical report for our detailed analysis of SMSI support and resistance levels.