We assign a technical rating of 2 out of 10 to SMTI. In the past year, SMTI was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The technical rating of SMTI is bad and it also does not present a 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.
More info and screens
23.86
We can see 4 important resistance areas.
- A resistance zone ranging from 24.11 to 24.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 26.07 to 26.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @32.80 from a trend line in the weekly time frame.
- Resistance @35.69 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 SMTI is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SMTI is up. |
| ChartMill Relative Strength | 9.72 | NEGATIVE | SMTI has a low relative strength, it was outperformed by 90.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SMTI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SMTI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SMTI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.58 | NEUTRAL | The RSI value for SMTI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.79 | POSITIVE | The MACD value suggests SMTI has a positive trend. |
| Stochastics (14,3) | 87.35 | OVERBOUGHT | The high Stochastics value suggests SMTI may be overbought. |
| Average True Range in percent/ATR (20) | 5.51 | HIGH VOLATILITY | The high ATR as a percentage value for SMTI suggests high volalility. |
| Average Directional Index/ADX (14) | 29.1 | POSITIVE | The high ADX value value for SMTI suggests a strong trend. |
24.1
-0.3 (-1.23%)
SANARA MEDTECH INC / SMTI FAQ
What is the ChartMill technical rating of SANARA MEDTECH INC (SMTI) stock?
ChartMill assigns a technical rating of 2 / 10 to SMTI.
What is the trend direction for SMTI stock?
The current trend direction for SANARA MEDTECH INC (SMTI) is Bearish.
What is the RSI signal for SANARA MEDTECH INC (SMTI) stock?
SANARA MEDTECH INC (SMTI) has an RSI value of 54.5766. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SANARA MEDTECH INC?
The MACD indicator for SANARA MEDTECH INC (SMTI) has a value of 0.785096, indicating a bearish trend.
What is the short term momentum for SANARA MEDTECH INC (SMTI) stock?
The short term momentum for SANARA MEDTECH INC (SMTI) is positive.