SUPER MICRO COMPUTER INC.
SUPER MICRO COMPUTER INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: SMCI
ISIN:

SUPER MICRO COMPUTER INC. - 1H - Technical analysis published on 03/21/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
61%
0%
39%
My opinion
Bearish under 1,004.00 USD
My targets
924.28 USD (-5.39%)
863.00 USD (-11.66%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on SUPER MICRO COMPUTER INC.. As long as you are under the resistance located at 1,004.00 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 924.28 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 863.00 USD as an objective. Crossing it would then enable sellers to target 816.54 USD. If the resistance 1,004.00 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
0.2

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Sazzy. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The SUPER MICRO COMPUTER INC. price is 976.95 USD. The price registered an increase of +8.98% on the session with the lowest point at 906.16 USD and the highest point at 979.50 USD. The deviation from the price is +7.81% for the low point and -0.26% for the high point.

906.16
979.50
976.95

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


A technical analysis in 1H of this SUPER MICRO COMPUTER INC. chart shows a bearish trend. 64.29% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 734.17 816.54 863.00 976.95 1,004.00 1,080.22 1,188.07
Change (%) -24.85% -16.42% -11.66% - +2.77% +10.57% +21.61%
Change -242.78 -160.41 -113.95 - +27.05 +103.27 +211.12
Level Intermediate Intermediate Minor - Major Major Minor



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard815.31835.16865.81885.66916.31936.16966.81
Camarilla882.58887.21891.84896.47901.10905.73910.36
Woodie820.72837.86871.22888.36921.72938.86972.22
Fibonacci835.16854.45866.37885.66904.95916.87936.16


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard823.55924.28996.551,097.281,169.551,270.281,342.55
Camarilla1,021.261,037.111,052.971,068.831,084.691,100.551,116.41
Woodie809.33917.17982.331,090.171,155.331,263.171,328.33
Fibonacci924.28990.361,031.191,097.281,163.361,204.191,270.28


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard33.59284.79575.46826.661,117.331,368.531,659.20
Camarilla717.11766.78816.45866.12915.79965.461,015.13
Woodie53.32294.66595.19836.531,137.061,378.401,678.93
Fibonacci284.79491.79619.67826.661,033.661,161.541,368.53

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 52.94
MACD (12,26,9): -26.2300
Directional Movement: -1.86
AROON (14): 35.72
DEMA (21): 889.18
Parabolic SAR (0,02-0,02-0,2): 873.30
Elder Ray (13): 40.08
Super Trend (3,10): 871.34
Zig ZAG (10): 962.72
VORTEX (21): 1.0700
Stochastique (14,3,5): 94.12
TEMA (21): 901.83
Williams %R (14): -0.14
Chande Momentum Oscillator (20): 70.74
Repulse (5,40,3): 3.7300
ROCnROLL: -1
TRIX (15,9): -0.6800
Courbe Coppock: 1.07
MA7: 1,023.59
MA20: 1,008.34
MA50: 756.07
MA100: 517.72
MAexp7: 930.77
MAexp20: 933.46
MAexp50: 991.28
MAexp100: 999.84
Price / MA7: -4.56%
Price / MA20: -3.11%
Price / MA50: +29.21%
Price / MA100: +88.70%
Price / MAexp7: +4.96%
Price / MAexp20: +4.66%
Price / MAexp50: -1.45%
Price / MAexp100: -2.29%

Quotes : - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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