SMARTRENT INC (SMRT)
US83193G1076 - Common Stock
We assign a technical rating of 1 out of 10 to SMRT. SMRT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, SMRT is a bad performer in the overall market: 90% of all stocks are doing better.
SMRT is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 74% of 127 stocks in the same industry do better.
SMRT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
SMRT has an average volume of 1812880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SMRT has a been trading in the 1.57 - 1.91 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, SMRT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.84. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.71, a Stop Loss order could be placed below this zone.
More info and screens
1.59
2.61
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.70 to 1.71. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.61 to 1.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 1.84 to 1.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.22 from a trend line in the daily time frame.
- Resistance @2.26 from a trend line in the weekly time frame.
- Resistance @2.35 from a trend line in the weekly time frame.
- Resistance @2.58 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.01
Mansfield-3.94
10 Day High1.91
10 Day Low1.57
20 Day High1.91
20 Day Low1.57
52 Week High3.47
52 Week Low1.35
Performance
1 Week6.02%
2 Weeks4.76%
1 Month5.39%
3 Month-25.11%
6 Month-36%
12 Month-33.83%
2 Year-22.47%
3 Year-86.48%
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)0.03
RSI(14)51.43
LBB1.58
UBB1.82
SMARTRENT INC
NYSE:SMRT (9/17/2024, 8:04:01 PM)
After market: 1.76 0 (0%)1.76
-0.04 (-2.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-2.22%
1 Week6.02%
2 Weeks4.76%
1 Month5.39%
3 Month-25.11%
6 Month-36%
12 Month-33.83%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.1
ATR(20)%5.65%
ATR Inc
Range Today0.09
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.91
10 Day Low1.57
20 Day High1.91
20 Day Low1.57
52 Week High3.47
52 Week Low1.35
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.62M
Volume Incr36.48%
Vol(5)2.48M
Vol(50)1.81M