SMITH MICRO SOFTWARE INC (SMSI)

US8321544053 - Common Stock

2.56  +0.22 (+9.4%)

After market: 2.51 -0.05 (-1.95%)

Technical Rating and Analysis

1

Overall SMSI gets a technical rating of 1 out of 10. SMSI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

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: 99% of all stocks are doing better.
SMSI is one of the lesser performing stocks in the Software industry. 90% of 277 stocks in the same industry do better.
SMSI is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month SMSI has a been trading in the 1.88 - 3.21 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.
Weekly and Daily overview Charts
SMSI Weekly chart
SMSI Daily chart
Setup Rating and Analysis

6

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 very little resistance above the current price. We notice that large players showed an interest for SMSI in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

2.22

4.53

We found 1 important support area.

  • A support zone ranging from 2.24 to 2.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • Resistance @3.40 from a trend line in the daily time frame.
  • Resistance @4.49 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.62
Mansfield-6.9
10 Day High2.7
10 Day Low2.1
20 Day High3.21
20 Day Low1.88
52 Week High14.96
52 Week Low1.88
Performance
1 Week3.23%
2 Weeks17.43%
1 Month4.61%
3 Month-58.55%
6 Month-63.26%
12 Month-72.41%
2 Year-87.83%
3 Year-94.06%
5 Year-89.12%
10 Year-90%
15 Year-99.18%
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)
Technical Indicators
MACD(12,26,9)0.09
RSI(14)53.31
LBB1.95
UBB2.55
SMSI Daily chart

SMITH MICRO SOFTWARE INC

NASDAQ:SMSI (5/6/2024, 8:29:55 PM)

After market: 2.51 -0.05 (-1.95%)

2.56

+0.22 (+9.4%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg9.4%
1 Week3.23%
2 Weeks17.43%
1 Month4.61%
3 Month-58.55%
6 Month-63.26%
12 Month-72.41%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.28
ATR(20)%10.05%
ATR Inc
Range Today0.35
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.7
10 Day Low2.1
20 Day High3.21
20 Day Low1.88
52 Week High14.96
52 Week Low1.88
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume96.40K
Volume Incr-75.91%
Vol(5)115.04K
Vol(50)447.71K