Logo image of SMID

SMITH-MIDLAND CORP (SMID) Stock Technical Analysis

NASDAQ:SMID - Nasdaq - US8321561032 - Common Stock - Currency: USD

40.58  +0.92 (+2.32%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to SMID. SMID has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

Warning: SMID has an average volume of 26119 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month SMID has a been trading in the 37.70 - 46.50 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When compared to the yearly performance of all other stocks, SMID outperforms 62% of them, which is more or less in line with the market.
SMID is an average performer in the Construction Materials industry, it outperforms 45% of 12 stocks in the same industry.
SMID is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SMID is lagging the market.
Weekly and Daily overview Charts
SMITH-MIDLAND CORP / SMID Weekly stock chart
SMITH-MIDLAND CORP / SMID Daily stock chart
Setup Rating and Analysis

5

SMID has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 38.92, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

37.49

42.35

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 38.54 to 38.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @37.87 from a trend line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 40.61 to 41.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.23
Mansfield-0.19
10 Day High44.63
10 Day Low39.13
20 Day High46.5
20 Day Low37.7
52 Week High51.96
52 Week Low25.03
Performance
1 Week-1.43%
2 Weeks-3.2%
1 Month-7.48%
3 Month18.76%
6 Month22.97%
12 Month-1.46%
2 Year84.54%
3 Year60.4%
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
RSI(14)45.43
LBB38.64
UBB42.38
SMITH-MIDLAND CORP / SMID Daily stock chart

SMITH-MIDLAND CORP

NASDAQ:SMID (1/30/2025, 4:30:02 PM)

40.58

+0.92 (+2.32%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryConstruction Materials
Performance
% Chg2.32%
1 Week-1.43%
2 Weeks-3.2%
1 Month-7.48%
3 Month18.76%
6 Month22.97%
12 Month-1.46%
2 Year84.54%
3 Year60.4%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.88
ATR(20)%4.84%
ATR Inc-30.81%
Range Today1.24
ADR(20)1.89
ADR(20)%4.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.23
Mansfield-0.19
10 Day High44.63
10 Day Low39.13
20 Day High46.5
20 Day Low37.7
52 Week High51.96
52 Week Low25.03
CS1 End38.92
CR1 Start40.61
Volume & EV
DER(3)-2.98%
DER(5)-0.45%
Volume18.18K
Volume Incr77.01%
Vol(5)32.60K
Vol(50)26.12K