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Stock Trend Analysis Report

Prepared for you on Tuesday, October 3, 2023.

Semtech Corporation (NASDAQ:SMTC)

Crossroads (+60) - SMTC is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SMTC?

MarketClub looks at technical strength and momentum to determine if the timing is right for SMTC.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low SMTC Price Change
25.700 25.950 24.795 25.210 -0.540
Entry Signal

MarketClub’s Trade Triangles for SMTC

long term up The long-term trend has been UP since Jul 11th, 2023 at 27.37

intermediate term down The intermediate-term trend has been DOWN since Sep 7th, 2023 at 24.45

short term down The short-term trend has been DOWN since Oct 2nd, 2023 at 25.01

Smart Scan Analysis for SMTC

Based on our trend formula, SMTC is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for SMTC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
25.700 25.950 24.795 25.210 -0.540
Prev. Close Volume Bid Ask Time
25.750 933674 2023-10-02 15:59:53
Year High60.55Year High Date2018-09-19
Year Low31.3Year Low Date2018-02-09
52wk High35.1852wk High Date2023-02-02
52wk Low17.8252wk Low Date2023-05-04
Year End Close28.95Average Volume1,946,515
Shares Outstanding64,174Short Interest2,950,183
% Institutional98.1Market Cap3,154M
P/E Ratio24.3125Beta1.2
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