Smtc Corp (SMTX) Stock Technical Analysis
NASDAQ:SMTX - Nasdaq -
We assign a technical rating of 10 out of 10 to SMTX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SMTX 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, SMTX did better than 87% of all other stocks. On top of that, SMTX also shows a nice and consistent pattern of rising prices.
SMTX is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SMTX is leading the market.
In the last month SMTX has a been trading in a tight range between 5.85 and 6.04.
Although SMTX has an excellent technical rating, the quality of the presented setup is 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
4.00
6.11
2 important support areas can be observed.
- A support zone ranging from 5.83 to 6.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.04 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 6.05 to 6.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.65
Mansfield2.74
10 Day High6.04
10 Day Low5.95
20 Day High6.04
20 Day Low5.85
52 Week High6.04
52 Week Low2.18
Performance
1 Week0.83%
2 Weeks1.17%
1 Month2.72%
3 Month21.77%
6 Month68.25%
12 Month168.44%
2 YearN/A
3 YearN/A
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
RSI(14)77.49
LBB5.94
UBB6.04
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 6.06 | 5.94 | 0.12 (1.98%) | 25.00% |
| An entry @6.06. This is a Buy Stop order right above the resistance zone. | An exit @5.94. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.12 points, which is 1.98%. | For a 0.50% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
6.04
+0.03 (+0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.5%
1 Week0.83%
2 Weeks1.17%
1 Month2.72%
3 Month21.77%
6 Month68.25%
12 Month168.44%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%0.51%
ATR Inc-29.04%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.65
Mansfield2.74
10 Day High6.04
10 Day Low5.95
20 Day High6.04
20 Day Low5.85
52 Week High6.04
52 Week Low2.18
CS1 End6
CR1 Start6.05
Volume & EV
DER(3)0.75%
DER(5)1.74%
Volume77.30K
Volume Incr50.45%
Vol(5)147.02K
Vol(50)117.36K