SMMT Technical Signal Analysis
SMMT have 2 buy signals and 5 sell signals now. The current trend is downtrend starting from 2025-03-14. The total price change during this trend is -9.57%. Recently, the price has decreased with an increase in volume, indicating a strong bearish signal. The average turnover of SMMT over last 5 trading day is $44,501,003.43
2 Bullish Signal
5 Bearish Signal
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
0.13
Williams %R (14 days)
WILLR_14 < -80
-93.85
Name
Signal
Value
Meaning
Momentum (10 days)
MOM_10 < 0
-1.03
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-0.05
Closing price
close < fibonacci_S1
18.8
Moving Average
5-day SMA crosses below 10-day SMA
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Moving Average
5-day SMA crosses below 60-day SMA
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2 Bullish Signal
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
0.13
Williams %R (14 days)
WILLR_14 < -80
-93.85
SMMT Support and Resistance Level
The support levels for SMMT are at 18.89, 18.16, and 16.98, while the resistance levels are at 21.25, 21.98, and 23.16. With the current stock price at 17.36, it is leaning more toward the support levels.
SMMT Technical Analysis
Technical Analysis of SMMT Stock
Price Overview:
- Current Price: $19.88
- Previous Close: $19.75
- Open: $19.44
- High: $20.02
- Low: $19.13
- Volume: 3,299,624
Technical Indicators:
- RSI (14): 50.04 (Neutral)
- MACD: -0.09 (Bearish Signal)
- Stochastic Oscillator: %K (66.97), %D (68.68) (Upper Range)
- Bollinger Bands: Upper ($21.78), Lower ($16.68)
- Fibonacci Levels:
- R1: $20.95
- R2: $22.07
- R3: $23.89
- S1: $17.32
- S2: $16.20
- S3: $14.39
- Pivot: $19.14
Moving Averages:
- SMA 20: $19.23
- SMA 50: $19.90
Recent News and Sentiment:
- Positive analyst ratings from Evercore ISI (Outperform) and Cantor Fitzgerald (Overweight) with a target price of $30.
- Appointment of Robert LaCaze as Chief Commercial Officer, indicating strong leadership and commercialization efforts.
Price Action:
- The stock is consolidating between $19.13 and $20.02.
- A breakout above $20.02 could signal a bullish trend.
- A breakdown below $19.13 might indicate a bearish trend.
Recommendation:
Buy at the current price with a target of $22.07 (next Fibonacci resistance level). Monitor for potential pullbacks and consider the overall market sentiment upon reopening.
SMMT FAQs
Which bull technical signals does SMMT have?
Bullish technical signals of SMMT include: AO_5_34 > 0, WILLR_14 < -80.
Which bearish technical signals does SMMT have?
How reliable is technical analysis?
How can I use moving averages to set entry and exit points for SMMT stock?
Is SMMT a buy based on overall technical signals summary?
SMMT Buy or Sell
SMMT has 2 buy signals and 5 sell signals now. Overall the technical rating for SMMT is Sell.
SMMT Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 17.36 below the SMA_5. In the short term, the stock shows a positive trend with the 19.78 above the SMA_20. In the mid term, the stock shows a negative trend with the 19.59 below the SMA_60. In the long term, the stock shows a positive trend with the 20.07 above the SMA_200.
Swing
Stock Price Below SMA_5
Short Term
SMA_5 Above SMA_20
Mid Term
SMA_20 Below SMA_60
Long Term
SMA_60 Above SMA_200
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What do technical indicators suggest about SMMT's current trend?What are SMMT's key support and resistance levels?