DEFIANCE DLY TRG 2X SHR MSTR (SMST) Stock Technical Analysis
NASDAQ:SMST - Nasdaq - US88636R1150 - ETF - Currency: USD
Taking everything into account, SMST scores 1 out of 10 in our technical rating. SMST'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.
100% of all other stocks performed better in the past year than SMST.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month SMST has a been trading in the 22.80 - 31.70 range, which is quite wide. It is currently trading near the high of this range.
SMST has an average volume of 26014400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although the technical rating is bad, SMST does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
29.59
31.10
When analyzing the resistance we notice one important area.
- Resistance @30.79 from a horizontal 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 SMST is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SMST is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | SMST has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SMST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SMST is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 43.87 | NEUTRAL | The RSI value for SMST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.33 | POSITIVE | The MACD value suggests SMST has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.25 | OVERBOUGHT | The high Stochastics value suggests SMST may be overbought. |
| Average True Range in percent/ATR (20) | 8.74 | HIGH VOLATILITY | The high ATR as a percentage value for SMST suggests high volalility. |
| Average Directional Index/ADX (14) | 18.88 | NEGATIVE | The low ADX value for SMST suggests a weak or negative 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)
29.89
+0.21 (+0.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.71%
1 Week14.96%
2 Weeks12.37%
1 Month0.3%
3 Month-80.13%
6 Month-75.54%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.58
ATR(20)%8.74%
ATR Inc-29.24%
Range Today2.11
ADR(20)2.39
ADR(20)%8.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High31.7
10 Day Low22.8
20 Day High31.7
20 Day Low22.8
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start30.79
Volume & EV
DER(3)0.69%
DER(5)2.4%
Volume1.01M
Volume Incr-95.79%
Vol(5)1.19M
Vol(50)26.01M