SEMTECH CORP (SMTC)

US8168501018 - Common Stock

53.44  +2.55 (+5.01%)

After market: 62.9998 +9.56 (+17.89%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to SMTC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SMTC is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that SMTC is one of the better performing stocks in the market, outperforming 97% of all stocks. On top of that, SMTC also shows a nice and consistent pattern of rising prices.
SMTC is part of the Semiconductors & Semiconductor Equipment industry. There are 108 other stocks in this industry. SMTC outperforms 98% of them.
A new 52 week high is currently being made by SMTC, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month SMTC has a been trading in the 43.07 - 53.74 range, which is quite wide. It is currently trading near the high of this range.
SMTC has an average volume of 1501980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
SMTC Weekly chart
SMTC Daily chart
Setup Rating and Analysis

3

Although SMTC has an excellent technical rating, it does not offer a high quality setup 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.

Support and Resistance Analysis

31.71

53.97

4 important support areas can be observed.

  • A support zone ranging from 45.49 to 45.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @43.88 from a horizontal line in the daily time frame.
  • Support @36.40 from a trend line in the weekly time frame.
  • Support @32.03 from a trend line in the daily time frame.

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
CRS97.67
Mansfield4.56
10 Day High53.74
10 Day Low43.3
20 Day High53.74
20 Day Low43.07
52 Week High53.74
52 Week Low16.19
Performance
1 Week16.58%
2 Weeks5.45%
1 Month18.83%
3 Month21.95%
6 Month37.41%
12 Month217.72%
2 Year73.85%
3 Year-37.62%
5 Year10.28%
10 Year109.9%
15 Year233.58%
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)0.33
RSI(14)64.89
LBB44.2
UBB54.22
SMTC Daily chart

SEMTECH CORP

NASDAQ:SMTC (11/25/2024, 8:00:02 PM)

After market: 62.9998 +9.56 (+17.89%)

53.44

+2.55 (+5.01%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg5.01%
1 Week16.58%
2 Weeks5.45%
1 Month18.83%
3 Month21.95%
6 Month37.41%
12 Month217.72%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.83
ATR(20)%5.14%
ATR Inc
Range Today2.24
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 High53.74
10 Day Low43.3
20 Day High53.74
20 Day Low43.07
52 Week High53.74
52 Week Low16.19
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.90M
Volume Incr61.53%
Vol(5)1.73M
Vol(50)1.50M