SMARTSHEET INC-CLASS A (SMAR)
US83200N1037 - Common Stock
We assign a technical rating of 7 out of 10 to SMAR. Although SMAR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
SMAR is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so SMAR is leading the market.
SMAR has an average volume of 2914050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, SMAR did better than 77% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
SMAR is an average performer in the Software industry, it outperforms 56% of 279 stocks in the same industry.
In the last month SMAR has a been trading in a tight range between 55.85 and 56.18.
SMAR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 56.03. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 56.00, a Stop Loss order could be placed below this zone.
More info and screens
37.47
57.09
2 important support areas can be observed.
- A support zone ranging from 54.97 to 56.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @37.85 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 56.03 to 56.52. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS77.17
Mansfield0.92
10 Day High56.14
10 Day Low55.91
20 Day High56.18
20 Day Low55.85
52 Week High56.55
52 Week Low35.52
Performance
1 Week-0.02%
2 Weeks-0.11%
1 Month0.25%
3 Month8.88%
6 Month31.2%
12 Month17.52%
2 Year42.3%
3 Year-27.68%
5 Year24.69%
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)53.77
LBB55.92
UBB56.12
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 |
|---|---|---|---|
| 56.15 | 55.90 | 0.25 (0.45%) | 25.00% |
| An entry @56.15. This is a Buy Stop order right above the 10 day high. | An exit @55.90. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.25 points, which is 0.45%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.11%. |
- 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.
SMARTSHEET INC-CLASS A
NYSE:SMAR (12/20/2024, 8:04:00 PM)
After market: 56.1 +0.09 (+0.16%)56.01
+0.01 (+0.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.02%
1 Week-0.02%
2 Weeks-0.11%
1 Month0.25%
3 Month8.88%
6 Month31.2%
12 Month17.52%
2 Year42.3%
3 Year-27.68%
5 Year24.69%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%0.24%
ATR Inc4.3%
Range Today0.12
ADR(20)0.13
ADR(20)%0.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.17
Mansfield0.92
10 Day High56.14
10 Day Low55.91
20 Day High56.18
20 Day Low55.85
52 Week High56.55
52 Week Low35.52
CS1 End56
CR1 Start56.03
Volume & EV
DER(3)-2.16%
DER(5)-4.89%
Volume5.02M
Volume Incr50.48%
Vol(5)3.56M
Vol(50)2.91M