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. - Daily - Technical analysis published on 04/03/2024 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
28%
28%
44%
My opinion
Bullish above 896.47 USD
My targets
1,031.34 USD (+3.55%)
1,188.07 USD (+19.28%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 896.47 USD remains possible. It is advisable to trade SUPER MICRO COMPUTER INC. with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 896.47 USD. The next bullish objective for buyers is set at 1,031.34 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1,188.07 USD. PS: if there is a bearish break in the support located at 896.47 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2.5

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. 1H Weekly

Additional analysis

Quotes

The SUPER MICRO COMPUTER INC. rating is 996.02 USD. On the day, this instrument lost -1.38% with the lowest point at 965.83 USD and the highest point at 999.00 USD. The deviation from the price is +3.13% for the low point and -0.30% for the high point.

965.83
999.00
996.02

The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 50 days

Technical


A technical analysis in Daily of this SUPER MICRO COMPUTER INC. chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : Daily



In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 8 are neutral and 5 are bearish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

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

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily


Near support of channel

Type : Bullish

Timeframe : Daily



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 353.29 734.17 896.47 996.02 1,004.00 1,188.07
Change (%) -64.53% -26.29% -9.99% - +0.80% +19.28%
Change -642.73 -261.85 -99.55 - +7.98 +192.05
Level Major Minor Major - Major Intermediate



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard948.29961.69985.80999.201,023.311,036.711,060.82
Camarilla999.601,003.031,006.471,009.911,013.351,016.791,020.23
Woodie953.65964.37991.161,001.881,028.671,039.391,066.18
Fibonacci961.69976.02984.87999.201,013.531,022.381,036.71


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard810.21888.60949.321,027.711,088.431,166.821,227.54
Camarilla971.78984.53997.281,010.031,022.781,035.531,048.29
Woodie801.37884.18940.481,023.291,079.591,162.401,218.70
Fibonacci888.60941.74974.571,027.711,080.851,113.681,166.82


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard459.69657.34833.691,031.341,207.691,405.341,581.69
Camarilla907.18941.46975.751,010.031,044.311,078.601,112.88
Woodie449.03652.02823.031,026.021,197.031,400.021,571.03
Fibonacci657.34800.21888.481,031.341,174.211,262.481,405.34

Numerical data


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

Technical indicators
Moving averages

RSI (14): 51.69
MACD (12,26,9): 35.1300
Directional Movement: 10.19
AROON (14): -35.71
DEMA (21): 1,059.90
Parabolic SAR (0,02-0,02-0,2): 1,108.94
Elder Ray (13): -31.36
Super Trend (3,10): 857.78
Zig ZAG (10): 991.12
VORTEX (21): 0.9000
Stochastique (14,3,5): 46.62
TEMA (21): 1,011.12
Williams %R (14): -58.19
Chande Momentum Oscillator (20): -71.30
Repulse (5,40,3): 5.5300
ROCnROLL: -1
TRIX (15,9): 0.8400
Courbe Coppock: 17.84
MA7: 1,020.96
MA20: 1,047.21
MA50: 861.62
MA100: 579.13
MAexp7: 1,011.21
MAexp20: 998.24
MAexp50: 861.26
MAexp100: 679.19
Price / MA7: -2.44%
Price / MA20: -4.89%
Price / MA50: +15.60%
Price / MA100: +71.99%
Price / MAexp7: -1.45%
Price / MAexp20: -0.17%
Price / MAexp50: +15.71%
Price / MAexp100: +46.73%

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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