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 02/23/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

67%

28%

My opinion

Bullish above 808.80 USD

My targets

875.42 USD (+0.82%)

1,005.77 USD (+15.83%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SUPER MICRO COMPUTER INC. as long as the price remains well above 808.80 USD. The buyers' bullish objective is set at 875.42 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1,005.77 USD. If there is any crossing, the next objective would be the resistance located at 1,077.87 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

7.7

Comment on the analysis

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:

Additional analysis

Quotes

The SUPER MICRO COMPUTER INC. price is 868.31 USD. On the day, this instrument lost -10.99% with the lowest point at 860.00 USD and the highest point at 995.00 USD. The deviation from the price is +0.97% for the low point and -12.73% for the high point.

860.00

995.00

868.31

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Volumes scanner detects abnormal volumes on the asset:

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 strongly bullish trend. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour

In fact, 12 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	496.89	706.42	808.80	868.31	1,077.87
Change (%)	-42.78%	-18.64%	-6.85%	-	+24.13%
Change	-371.42	-161.89	-59.51	-	+209.56
Level	Intermediate	Major	Minor	-	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
Standard	702.29	768.15	871.83	937.69	1,041.37	1,107.23	1,210.91
Camarilla	928.90	944.44	959.98	975.52	991.06	1,006.60	1,022.14
Woodie	721.21	777.61	890.75	947.15	1,060.29	1,116.69	1,229.83
Fibonacci	768.15	832.91	872.92	937.69	1,002.45	1,042.46	1,107.23

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	340.17	542.62	672.97	875.42	1,005.77	1,208.22	1,338.57
Camarilla	711.80	742.31	772.81	803.32	833.83	864.33	894.84
Woodie	304.12	524.60	636.92	857.40	969.72	1,190.20	1,302.52
Fibonacci	542.62	669.75	748.29	875.42	1,002.55	1,081.09	1,208.22

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	73.62	174.75	352.18	453.31	630.74	731.87	909.30
Camarilla	453.01	478.54	504.08	529.61	555.15	580.68	606.21
Woodie	111.77	193.83	390.33	472.39	668.89	750.95	947.45
Fibonacci	174.75	281.16	346.90	453.31	559.72	625.46	731.87

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):	58.81
MACD (12,26,9):	37.7600
Directional Movement:	14.46
AROON (14):	71.43
DEMA (21):	902.87
Parabolic SAR (0,02-0,02-0,2):	799.81
Elder Ray (13):	55.17
Super Trend (3,10):	855.00
Zig ZAG (10):	914.37
VORTEX (21):	1.0500
Stochastique (14,3,5):	83.09
TEMA (21):	934.53
Williams %R (14):	-34.03
Chande Momentum Oscillator (20):	173.51
Repulse (5,40,3):	-6.9300
ROCnROLL:	1
TRIX (15,9):	0.1900
Courbe Coppock:	48.24

MA7:	869.23
MA20:	715.63
MA50:	483.92
MA100:	378.28
MAexp7:	920.63
MAexp20:	864.96
MAexp50:	825.04
MAexp100:	756.51
Price / MA7:	-0.11%
Price / MA20:	+21.34%
Price / MA50:	+79.43%
Price / MA100:	+129.54%
Price / MAexp7:	-5.53%
Price / MAexp20:	+0.55%
Price / MAexp50:	+5.41%
Price / MAexp100:	+14.96%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The last news published on SUPER MICRO COMPUTER INC. at the time of the generation of this analysis was as follows:

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

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