Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Defiance Daily Target 2X Long SMCI ETF (NASDAQ:SMCX)
Countertrend Down (-85) - SMCX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SMCX?
MarketClub looks at technical strength and momentum to determine if the timing is right for SMCX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SMCX
The long-term trend has been DOWN since Aug 26th, 2024 at 18.77
The intermediate-term trend has been DOWN since Oct 30th, 2024 at 7.69
The short-term trend has been UP since Nov 18th, 2024 at 27.60
Smart Scan Analysis for SMCX
Based on our trend formula, SMCX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 38.75 | 44.06 | 35.31 | 41.36 | +15.84 |
| Prev. Close | Volume | Bid | Ask | Time |
| 41.40 | 4098543 | 2024-11-19 15:59:29 |
| 52wk High | 412.2 | 52wk High Date | 2024-08-22 |
| 52wk Low | 16.802 | 52wk Low Date | 2024-11-15 |
| Average Volume | 774,056 |