SHARPS COMPLIANCE CORP (SMED) Stock Technical Analysis
NASDAQ:SMED - Nasdaq - US8200171010 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to SMED. Both in the recent history as in the last year, SMED has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
SMED is part of the Health Care Providers & Services industry. There are 102 other stocks in this industry. SMED outperforms 94% of them.
SMED is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so SMED slightly outperforms the market at the moment.
When comparing the yearly performance of all stocks, we notice that SMED is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month SMED has a been trading in a tight range between 8.60 and 8.75.
Considerably lower volume is observed in the last couple of days.
SMED has an excellent technical rating, but the quality of the setup is only medium 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
8.57
8.85
When analyzing the support we notice one important area.
- A support zone ranging from 8.66 to 8.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 8.76 to 8.76. 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
CRS98.19
Mansfield4.1
10 Day High8.75
10 Day Low8.65
20 Day High8.75
20 Day Low8.6
52 Week High9.66
52 Week Low2.83
Performance
1 Week0.57%
2 Weeks0.92%
1 Month1.39%
3 Month104.92%
6 Month39.33%
12 Month-7.99%
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)-0.16
RSI(14)85.96
LBB8.64
UBB8.76
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 |
|---|---|---|---|
| 8.77 | 8.64 | 0.13 (1.48%) | 25.00% |
| An entry @8.77. This is a Buy Stop order right above the resistance zone. | An exit @8.64. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.13 points, which is 1.48%. | For a 0.37% 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.
NASDAQ:SMED (8/22/2022, 8:00:03 PM)
8.75
+0.01 (+0.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg0.11%
1 Week0.57%
2 Weeks0.92%
1 Month1.39%
3 Month104.92%
6 Month39.33%
12 Month-7.99%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%0.35%
ATR Inc-70.27%
Range Today0.01
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
CRS98.19
Mansfield4.1
10 Day High8.75
10 Day Low8.65
20 Day High8.75
20 Day Low8.6
52 Week High9.66
52 Week Low2.83
CS1 End8.71
CR1 Start8.76
Volume & EV
DER(3)-2.73%
DER(5)-3.74%
Volume91.90K
Volume Incr-34.68%
Vol(5)150.72K
Vol(50)429.73K