We assign a technical rating of 1 out of 10 to SMX. SMX 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 technical rating of SMX 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
19.30
We found 1 important support area.
- Support @19.49 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 | DOWN | NEGATIVE | The long term trend for SMX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SMX is down. |
| ChartMill Relative Strength | 0.4 | NEGATIVE | SMX has a low relative strength, it was outperformed by 99.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SMX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SMX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SMX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.92 | NEUTRAL | The RSI value for SMX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -10.4 | NEGATIVE | The MACD value suggests SMX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.13 | OVERSOLD | The low Stochastics value suggests SMX may be oversold. |
| Average True Range in percent/ATR (20) | 110.37 | HIGH VOLATILITY | The high ATR as a percentage value for SMX suggests high volalility. |
| Average Directional Index/ADX (14) | 24.77 | NEUTRAL | The ADX value for SMX suggests a possible start of a new trend. |
26.51
+3.4 (+14.71%)
SMX SECURITY MATTERS PLC / SMX FAQ
What is the technical rating for SMX stock?
ChartMill assigns a technical rating of 1 / 10 to SMX.
What is the trend direction for SMX stock?
The current trend direction for SMX SECURITY MATTERS PLC (SMX) is Bearish.
What is the RSI signal for SMX stock?
SMX SECURITY MATTERS PLC (SMX) has an RSI value of 40.9217. This indicates that the stock is currently neutral.
What is the buy/sell signal for SMX stock?
The buy/sell signal for SMX SECURITY MATTERS PLC (SMX) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for SMX SECURITY MATTERS PLC (SMX) stock?
SMX SECURITY MATTERS PLC (SMX) has a support level at 19.49. Check the full technical report for our detailed analysis of SMX support and resistance levels.