We assign a technical rating of 9 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.
SMTC has an excellent technical rating, but the quality of the setup is only medium 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
63.53
3 important support areas can be observed.
- A support zone ranging from 68.73 to 70.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @67.13 from a horizontal line in the daily time frame.
- Support @64.17 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 | UP | POSITIVE | The long term trend for SMTC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SMTC is up. |
| ChartMill Relative Strength | 83.98 | POSITIVE | SMTC has a high relative strength, it outperformed 83.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SMTC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SMTC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SMTC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.01 | NEUTRAL | The RSI value for SMTC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests SMTC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 62.42 | NEUTRAL | The Stochastics value for SMTC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.66 | MEDIUM VOLATILITY | The ATR as a percentage value for SMTC suggests some volalility. |
| Average Directional Index/ADX (14) | 11.2 | NEGATIVE | The low ADX value for SMTC suggests a weak or negative trend. |
76.07
+0.52 (+0.69%)
SEMTECH CORP / SMTC FAQ
What is the technical rating for SMTC stock?
ChartMill assigns a technical rating of 9 / 10 to SMTC.
Can you provide the trend direction for SEMTECH CORP?
The current trend direction for SEMTECH CORP (SMTC) is Bullish.
What is the RSI signal for SMTC stock?
SEMTECH CORP (SMTC) has an RSI value of 56.0071. This indicates that the stock is currently neutral.
What is the MACD signal for SEMTECH CORP (SMTC) stock?
The MACD indicator for SEMTECH CORP (SMTC) has a value of -0.115632, indicating a bearish trend.
What is the buy/sell signal for SEMTECH CORP (SMTC) stock?
The buy/sell signal for SEMTECH CORP (SMTC) is buy as both the short term and long term trends are positive.