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 06/17/2024 (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: Bullish
Underlying: Bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 818.94 USD
My targets
937.88 USD (+11.05%)
952.36 USD (+12.77%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on SUPER MICRO COMPUTER INC. as long as the price remains well above 818.94 USD. The buyers' bullish objective is set at 937.88 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 952.36 USD. If there is any crossing, the next objective would be the resistance located at 1,080.22 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
4.6

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 AMIKOTUN. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

SUPER MICRO COMPUTER INC. rating 844.54 USD. On the day, this instrument lost -3.05% with the lowest point at 825.61 USD and the highest point at 872.00 USD. The deviation from the price is +2.29% for the low point and -3.15% for the high point.

825.61
872.00
844.54

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


Technical analysis of this Daily chart of SUPER MICRO COMPUTER INC. indicates that the overall trend is bullish. The signals given by moving averages are 64.29% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. An assessment of moving averages reveals several bearish and bullish signals:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily


Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : Daily


Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : Daily


Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily



In fact, 12 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Price is back under the pivot point

Type : Bearish

Timeframe : Daily


Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily



The analysis of the price chart with Central Patterns scanners does not return any result.

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 234.39 353.29 713.65 844.54 952.36 1,080.22 1,188.07
Change (%) -72.25% -58.17% -15.50% - +12.77% +27.91% +40.68%
Change -610.15 -491.25 -130.89 - +107.82 +235.68 +343.53
Level Intermediate Major Major - Major Minor Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard776.38800.99822.77847.38869.16893.77915.55
Camarilla831.78836.04840.29844.54848.79853.05857.30
Woodie774.96800.28821.35846.67867.74893.06914.13
Fibonacci800.99818.71829.66847.38865.10876.05893.77


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard651.39696.30732.71777.62814.03858.94895.35
Camarilla746.75754.20761.66769.11776.56784.02791.47
Woodie647.13694.18728.45775.50809.77856.82891.09
Fibonacci696.30727.37746.56777.62808.69827.88858.94


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): 52.57
MACD (12,26,9): -11.2000
Directional Movement: 12.28
AROON (14): -28.57
DEMA (21): 801.68
Parabolic SAR (0,02-0,02-0,2): 744.06
Elder Ray (13): 35.61
Super Trend (3,10): 730.81
Zig ZAG (10): 844.54
VORTEX (21): 0.9600
Stochastique (14,3,5): 50.99
TEMA (21): 803.66
Williams %R (14): -38.66
Chande Momentum Oscillator (20): 4.82
Repulse (5,40,3): 5.9900
ROCnROLL: 1
TRIX (15,9): -0.2600
Courbe Coppock: 15.17
MA7: 798.84
MA20: 827.94
MA50: 839.77
MA100: 855.96
MAexp7: 814.63
MAexp20: 818.56
MAexp50: 833.11
MAexp100: 779.99
Price / MA7: +5.72%
Price / MA20: +2.00%
Price / MA50: +0.57%
Price / MA100: -1.33%
Price / MAexp7: +3.67%
Price / MAexp20: +3.17%
Price / MAexp50: +1.37%
Price / MAexp100: +8.28%

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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