DEFIANCE DLY TRG 2X SHR MSTR (SMST) Stock Technical Analysis
USA - NASDAQ:SMST - US88636V7698 - ETF
32.15 USD
-1.93 (-5.66%)
32.11 USD
-0.04 (-0.12%)
We assign a technical rating of 5 out of 10 to SMST. Recently some decent action could be observed, but in the medium term time frame this is still negative. SMST was also a bad performer in the overall market in the last year.
94% of all other stocks performed better in the past year than SMST.
SMST 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 SMST has a been trading in the 24.22 - 35.65 range, which is quite wide. It is currently trading near the high of this range.
SMST has an average volume of 1298270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SMST has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
26.62
32.47
When analyzing the support we notice one important area.
- Support @26.89 from a trend 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 | UP | POSITIVE | The short term trend for SMST is up. |
| ChartMill Relative Strength | 6.09 | NEGATIVE | SMST has a low relative strength, it was outperformed by 93.91% 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) | UP | POSITIVE | The current price of SMST is above the rising 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) | 59.68 | NEUTRAL | The RSI value for SMST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests SMST has a positive trend. |
| Stochastics (14,3) | 78.71 | NEUTRAL | The Stochastics value for SMST is a neutral value. |
| Average True Range in percent/ATR (20) | 7.98 | HIGH VOLATILITY | The high ATR as a percentage value for SMST suggests high volalility. |
| Average Directional Index/ADX (14) | 17.88 | 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)
32.15
-1.93 (-5.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-5.66%
1 Week21.55%
2 Weeks10.56%
1 Month14.13%
3 Month20.05%
6 Month-60.41%
12 Month-85.77%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.62
ATR(20)%7.98%
ATR Inc77.3%
Range Today2.75
ADR(20)2.38
ADR(20)%7.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.09
Mansfield-6.01
10 Day High35.65
10 Day Low24.22
20 Day High35.65
20 Day Low24.22
52 Week High265.2
52 Week Low17.59
CS1 End26.89
CR1 StartN/A
Volume & EV
DER(3)-2.51%
DER(5)-0.86%
Volume992.90K
Volume Incr12.32%
Vol(5)1.30M
Vol(50)1.30M