VANECK HIP SUSTAINABLE MUNI (SMI) Stock Technical Analysis
NYSEARCA:SMI - NYSE Arca - US92189H8135 - ETF - Currency: USD
Overall SMI gets a technical rating of 5 out of 10. SMI has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Although the technical rating is only medium, SMI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 46.38. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 46.28, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
45.01
When analyzing the support we notice one important area.
- A support zone ranging from 45.46 to 46.28. 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 46.38 to 46.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
NYSEARCA:SMI (3/3/2025, 8:04:00 PM)
46.34
-0.13 (-0.29%)