SANARA MEDTECH INC (SMTI)

US79957L1008 - Common Stock

30.51  -1.19 (-3.75%)

After market: 30.51 0 (0%)

Technical Rating and Analysis

0

Taking everything into account, SMTI scores 0 out of 10 in our technical rating. SMTI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, SMTI is a bad performer in the overall market: 85% of all stocks are doing better.
SMTI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: SMTI has an average volume of 14014 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
SMTI is an average performer in the Health Care Equipment & Supplies industry, it outperforms 43% of 193 stocks in the same industry.
In the last month SMTI has a been trading in the 27.88 - 34.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
SMTI Weekly chart
SMTI Daily chart
Setup Rating and Analysis

5

SMTI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for SMTI in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

26.61

36.57

We found 2 important support areas.

  • Support @29.37 from a trend line in the daily time frame.
  • A support zone ranging from 26.88 to 27.31. This zone is formed by a combination of multiple trend lines in the weekly time frame.

We can see 3 important resistance areas.

  • A resistance zone ranging from 31.89 to 32.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 33.88 to 34.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 35.64 to 36.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS15.01
Mansfield-2.56
10 Day High34.3
10 Day Low27.88
20 Day High34.3
20 Day Low27.88
52 Week High46.4
52 Week Low26.06
Performance
1 Week-2.9%
2 Weeks-5.95%
1 Month-9.71%
3 Month-21.79%
6 Month-7.8%
12 Month-18.16%
2 Year39.57%
3 Year3.6%
5 YearN/A
10 YearN/A
15 YearN/A
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)0.03
RSI(14)42.98
LBB29.16
UBB34.47
SMTI Daily chart

SANARA MEDTECH INC

NASDAQ:SMTI (5/17/2024, 7:26:56 PM)

After market: 30.51 0 (0%)

30.51

-1.19 (-3.75%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-3.75%
1 Week-2.9%
2 Weeks-5.95%
1 Month-9.71%
3 Month-21.79%
6 Month-7.8%
12 Month-18.16%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.11
ATR(20)%6.23%
ATR Inc
Range Today2.34
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 High34.3
10 Day Low27.88
20 Day High34.3
20 Day Low27.88
52 Week High46.4
52 Week Low26.06
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume17.40K
Volume Incr152.05%
Vol(5)28.86K
Vol(50)14.01K