SANARA MEDTECH INC (SMTI)

US79957L1008 - Common Stock

34.94  +0.83 (+2.43%)

Technical Rating and Analysis

4

Overall SMTI gets a technical rating of 4 out of 10. In the last year, SMTI was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.

Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, SMTI outperforms 50% of them, which is more or less in line with the market.
SMTI is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, SMTI did better than 61% of them.
SMTI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SMTI is lagging the market.
In the last month SMTI has a been trading in the 31.13 - 38.21 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
SMTI Weekly chart
SMTI Daily chart
Setup Rating and Analysis

6

SMTI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 34.60, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SMTI in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

26.61

38.10

4 important support areas can be observed.

  • A support zone ranging from 33.67 to 34.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 31.58 to 31.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @30.99 from a horizontal line in the daily time frame.
  • Support @26.88 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 35.17 to 35.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @37.06 from a trend line in the weekly time frame.
  • A resistance zone ranging from 37.71 to 37.72. This zone is formed by a combination of multiple trend lines 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
CRS50.48
Mansfield-0.68
10 Day High37.44
10 Day Low31.13
20 Day High38.21
20 Day Low31.13
52 Week High43.25
52 Week Low26
Performance
1 Week2.79%
2 Weeks-4.59%
1 Month-7.32%
3 Month15.89%
6 Month23.81%
12 Month-14.99%
2 Year-23.21%
3 Year18.24%
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)-0.23
RSI(14)51.01
LBB31.56
UBB37.71
SMTI Daily chart

SANARA MEDTECH INC

NASDAQ:SMTI (12/24/2024, 7:38:22 PM)

34.94

+0.83 (+2.43%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg2.43%
1 Week2.79%
2 Weeks-4.59%
1 Month-7.32%
3 Month15.89%
6 Month23.81%
12 Month-14.99%
2 Year-23.21%
3 Year18.24%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.92
ATR(20)%5.28%
ATR Inc9.5%
Range Today0.55
ADR(20)1.82
ADR(20)%5.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.48
Mansfield-0.68
10 Day High37.44
10 Day Low31.13
20 Day High38.21
20 Day Low31.13
52 Week High43.25
52 Week Low26
CS1 End34.6
CR1 Start35.17
Volume & EV
DER(3)5.44%
DER(5)3.68%
Volume6.50K
Volume Incr8.93%
Vol(5)38.36K
Vol(50)31.62K