SEMTECH CORP (SMTC)

US8168501018 - Common Stock

39.01  +0.33 (+0.85%)

After market: 39.01 0 (0%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to SMTC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SMTC is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, SMTC did better than 97% of all other stocks.
SMTC is part of the Semiconductors & Semiconductor Equipment industry. There are 107 other stocks in this industry. SMTC outperforms 96% of them.
A new 52 week high is currently being made by SMTC, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so SMTC is leading the market.
In the last month SMTC has a been trading in the 30.53 - 39.69 range, which is quite wide. It is currently trading near the high of this range.
SMTC has an average volume of 2661800 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.
Weekly and Daily overview Charts
SMTC Weekly chart
SMTC Daily chart
Setup Rating and Analysis

3

Although SMTC has an excellent technical rating, it does not offer a high quality setup 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.

Support and Resistance Analysis

25.01

39.40

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 35.91 to 35.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @25.26 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
CRS97.81
Mansfield5.15
10 Day High39.69
10 Day Low30.97
20 Day High39.69
20 Day Low30.53
52 Week High39.69
52 Week Low13.13
Performance
1 Week9.06%
2 Weeks25.64%
1 Month19.88%
3 Month101.29%
6 Month165.01%
12 Month108.83%
2 Year-39.13%
3 Year-38.08%
5 Year-2.06%
10 Year50.39%
15 Year142.75%
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)0.26
RSI(14)76.06
LBB29.6
UBB40.11
SMTC Daily chart

SEMTECH CORP

NASDAQ:SMTC (5/3/2024, 7:18:56 PM)

After market: 39.01 0 (0%)

39.01

+0.33 (+0.85%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg0.85%
1 Week9.06%
2 Weeks25.64%
1 Month19.88%
3 Month101.29%
6 Month165.01%
12 Month108.83%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.75
ATR(20)%5.02%
ATR Inc
Range Today1.04
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 High39.69
10 Day Low30.97
20 Day High39.69
20 Day Low30.53
52 Week High39.69
52 Week Low13.13
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.40M
Volume Incr-41.61%
Vol(5)2.33M
Vol(50)2.66M