STOCK IN FOCUS: SMDC

Figure 1: SMDC Price Chart

Price and moving averages:
SMDC has closed below its Short time moving average.
Short time moving average is currently above mid-time, and above long time moving averages.
The relationship between price and moving averages is: neutral in short-term, and bullish in mid-long term.

Bollinger Bands:
SMDC has closed below upper band by 36.8%.
Bollinger Bands are 12.8% wider than normal.
The current width of the bands (alone) does not suggest anything conclusive about the future volatility or movement of prices.

Trend Strength, Direction and Momentum:

SMDC's trend is sideways to up. Its trend strength is extremely strong.

Momentum is headed upward.

Support and Resistance:

Support: 6.20

Resistance: 6.70

Figure 2. Other technical indicators

RSI:

The RSI shows overbought (above 70) and oversold (below 30) areas.  The current value of the RSI is 60.55.  This is not a topping or bottoming area.  A buy or sell signal is generated when the RSI moves out of an overbought/oversold area.  The last signal was a sell 7 period(s) ago.

Stochastic:

One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20).  The Stochastic Oscillator is 16.67.  This is not an overbought or oversold reading.  The last signal was a  buy 0 period(s) ago.

MACD:

The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. Currently the MACD is bearish since it is trading below its signal line.The MACD crossed below its signal line 5 period(s) ago.