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 06/18/2024 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 818.94 USD
My targets
952.36 USD (+2.92%)
1,080.22 USD (+16.74%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on SUPER MICRO COMPUTER INC.. This is a positive signal for buyers. As long as the price remains above 818.94 USD, a purchase could be considered. The first bullish objective is located at 952.36 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1,080.22 USD as an objective. Crossing it would then enable buyers to target 1,188.07 USD. In the event of a return below 818.94 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

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
0
10
7

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This analysis was given by AMIKOTUN. 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 925.35 USD. On the day, this instrument gained +4.28% and was between 883.31 USD and 938.88 USD. This implies that the price is at +4.76% from its lowest and at -1.44% from its highest.

883.31
938.88
925.35

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

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



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. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily



An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


MACD indicator is back over 0

Type : Bullish

Timeframe : Daily



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily


Near resistance of channel

Type : Bearish

Timeframe : Daily



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 234.39 353.29 713.65 925.35 952.36 1,080.22 1,188.07
Change (%) -74.67% -61.82% -22.88% - +2.92% +16.74% +28.39%
Change -690.96 -572.06 -211.70 - +27.01 +154.87 +262.72
Level Intermediate Major Major - Major Minor Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard742.54785.32836.36879.14930.18972.961,024.00
Camarilla861.61870.21878.81887.41896.01904.61913.21
Woodie746.68787.39840.50881.21934.32975.031,028.14
Fibonacci785.32821.16843.30879.14914.98937.12972.96


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard640.52696.77770.66826.91900.80957.051,030.94
Camarilla808.75820.68832.61844.54856.47868.40880.33
Woodie649.33701.18779.47831.32909.61961.461,039.75
Fibonacci696.77746.49777.20826.91876.63907.34957.05


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard393.26546.63665.57818.94937.881,091.251,210.19
Camarilla709.63734.59759.55784.51809.47834.43859.40
Woodie376.05538.02648.36810.33920.671,082.641,192.98
Fibonacci546.63650.65714.92818.94922.96987.231,091.25

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): 60.87
MACD (12,26,9): 3.8000
Directional Movement: 17.81
AROON (14): 78.57
DEMA (21): 833.15
Parabolic SAR (0,02-0,02-0,2): 753.84
Elder Ray (13): 72.75
Super Trend (3,10): 736.75
Zig ZAG (10): 926.23
VORTEX (21): 0.9700
Stochastique (14,3,5): 78.60
TEMA (21): 849.59
Williams %R (14): -6.50
Chande Momentum Oscillator (20): 141.74
Repulse (5,40,3): 9.6400
ROCnROLL: 1
TRIX (15,9): -0.1800
Courbe Coppock: 0.89
MA7: 836.93
MA20: 828.82
MA50: 838.44
MA100: 864.60
MAexp7: 856.04
MAexp20: 834.53
MAexp50: 838.76
MAexp100: 784.94
Price / MA7: +10.56%
Price / MA20: +11.65%
Price / MA50: +10.37%
Price / MA100: +7.03%
Price / MAexp7: +8.10%
Price / MAexp20: +10.88%
Price / MAexp50: +10.32%
Price / MAexp100: +17.89%

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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