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Stock Trend Analysis Report

Prepared for you on Monday, May 27, 2024.

Semtech Corporation (NASDAQ:SMTC)

Countertrend Up (+85) - SMTC is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

NASDAQ_SMTC
Open High Low SMTC Price Change
40.01 40.71 39.77 40.25 +0.87
Entry Signal

MarketClub’s Trade Triangles for SMTC

long term up The long-term trend has been UP since Mar 6th, 2024 at 23.27

intermediate term up The intermediate-term trend has been UP since Jan 23rd, 2024 at 22.08

short term down The short-term trend has been DOWN since May 23rd, 2024 at 39.48

Smart Scan Analysis for SMTC

Based on our trend formula, SMTC is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SMTC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
40.01 40.71 39.77 40.25 +0.87
Prev. Close Volume Bid Ask Time
40.25 413785 2024-05-24 15:59:40
Year High60.55Year High Date2018-09-19
Year Low31.3Year Low Date2018-02-09
52wk High41.6252wk High Date2024-05-21
52wk Low13.1352wk Low Date2023-10-30
Year End Close28.95Average Volume1,477,325
Shares Outstanding64,285Short Interest2,950,183
% Institutional98.1Market Cap3,154M
Assets137,373,500MLiabilities168,116,900M
P/E Ratio24.3125Beta1.2
Volatility59.61
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