DEFIANCE DLY TRG 2X SHR MSTR (SMST) Stock Technical Analysis
NASDAQ:SMST - Nasdaq - US88636V7698 - ETF - Currency: USD
Overall SMST gets a technical rating of 1 out of 10. 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
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.
SMST has an average volume of 17100000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SMST has a been trading in the 25.64 - 31.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
25.79
31.10
We found 2 important support areas.
- A support zone ranging from 27.18 to 27.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.05 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for SMST is neutral. |
| 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). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SMST is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.75 | NEUTRAL | The RSI value for SMST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.89 | POSITIVE | The MACD value suggests SMST has a positive trend. |
| Stochastics (14,3) | 69.31 | NEUTRAL | The Stochastics value for SMST is a neutral value. |
| Average True Range in percent/ATR (20) | 7.28 | HIGH VOLATILITY | The high ATR as a percentage value for SMST suggests high volalility. |
| Average Directional Index/ADX (14) | 11.31 | 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)
29.45
+0.43 (+1.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.48%
1 Week8.35%
2 Weeks2.43%
1 Month13.27%
3 Month-63.73%
6 Month-77.62%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2
ATR(20)%7.28%
ATR Inc-16.65%
Range Today1.75
ADR(20)2
ADR(20)%6.79%
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 High30.73
10 Day Low25.64
20 Day High31.7
20 Day Low25.64
52 Week HighN/A
52 Week LowN/A
CS1 End27.18
CR1 Start30.79
Volume & EV
DER(3)-1.74%
DER(5)-2.22%
Volume1.07M
Volume Incr-89.1%
Vol(5)989.16K
Vol(50)17.10M