SMTC. Investors should take note of the bearish trend in SMTC stock, currently in a 'Sell and Observe' phase for the long-term strategy.



Apr 23, 2024

 

 

 

SMTC stock closing price

32.6

1.78%

 

 

 

 

 

 

[Long-term strategy]

The current trend zone is Bearish. and Investment position suitable for the trend zone is Sell and Observe.

 

 

 

 

The trend within a Bearish zone is divided into a 'Downtrend' in the downward direction and a 'Rebound Trend' in the upward direction. In the Downtrend, there is a strong downward flow with occasional upward movements, while in the Rebound Trend, there is a fluctuating flow involving limited or temporary upward movements and downward fluctuations. Investing in this zone is associated with low expected returns and a higher risk of decline.

 

 

 

 

In a Bearish zone, there is potential for strong selling pressure to persist, resulting in a pronounced downward trend and a relatively weak upward rebound trend. When considering a medium to long-term investment strategy, if the trend moves in the Bearish zone, one can anticipate a downward flow of the bearish trend, allowing for the possibility of avoiding high downside risks or potentially gaining profits by investing in inverse stocks.

 

 

 

 

This is a method of waiting, observing the overall market conditions after selling in anticipation of a general price decline, and then making a buy decision again. And when the trend enters a Bullish zone, it becomes the Buying point.

 

 

 

 

As there are no anticipated changes in the trend zone that warrant considering a shift in investment strategy at this point, it is advisable to maintain the current investment position.

 

 

 

 

The 'Sell and Observe' position has been maintained for 4 days since the entry into the Bearish zone. During this period, the cumulative rate of

loss in the Bearish has been

-0.7%

as of the current date.

 

 

 

 

Selling price

Current price

Difference

32.9

32.6

-0.2

Apr 17, 2024

Apr 23, 2024

4 days

 

 

 

 

[Short-term strategy]

Indicating that We are currently in a bearish zone. Therefore, it is recommended to implement a strategy to reduce risk and take a suitable investing position.

 

 

 

 

In a bearish zone, where selling intensity is potentially strong, considering the possibility of a significant downturn at appropriate selling points is crucial. Hence, in the short term, an active and aggressive selling response is effective. During buying moments, it is advisable to adopt a wait-and-see approach or a conservative response with low exposure for purchases. Responding promptly to sell during upward movements can be utilized as an opportunity for risk hedging.

 

 

 

 

Currently, it's about to begin a rebound trend as a downtrend gradually gives way to a slowdown in falling and rising fluctuations. and It's maintaining a suitable Buy-Sell intensity for the current trend conditions.

 

 

 

 

Entering a rebound trend can be identified as the point when the previously strong selling pressure begins to gradually weaken, and the intense downward momentum starts to diminish.

 

 

 

 

It is expected that the overall trend movement over the next 10 days will follow a strong downward direction, with a ratio of 5 : 5 for the downward to upward direction, with the proportion of the upward and downward trend being equal. However, in terms of the expected intensity of the upward and downward movements, the upward intensity is moderate, while the downward intensity is higher.

 

 

 

 

A suitable investing position is 'Sell(Bearish)' for now. The appropriate selling timing is predicted to be either today or tomorrow.

 

 

 

 

The selling date is

Apr 24

 

 

A good price to sell a stock:

33.6

 

 

 

 

And the appropriate buying timing is predicted to be in 5 days.

The buying date is

Apr 29

to

Apr 30

A good price to buy a stock:

30.5

 

 

 

 

The price of SMTC stock moves in line with the rise and fall of

the stock market index with a probability of

74%

, and

Conversely, it moves against the stock market index trend

with a probability of

26%

 

 

Due to the high correlation level with the US stock market, there is a high probability of exhibiting movements in ascent and descent that closely resemble the trends in the US market.

 

 

 

 

because of the high similarity, the predicted flow might change depending on the flow of the stock market index. If any changes are made, the stock flow of the 10-day forecast may also change.

 

 

 

 

- Volatility of Prediction

Due to maintaining a proper flow of Buy-Sell intensity that is suitable for the current trend, pretiming predictions may have low volatility.

 

 

 

 

- Predicting the Turning Point of the Trend

The probability of a trend reversal occurring approximately 2 days from now, 6 days from now, 9 days from now

 

 

 

 

 

- Prediction of Upper~Lower price range over the next 10 days

Price:

30.8

~

33.1

% Change:

-5.7%

~

1.5%

Median price between the upper and lower

32.0

-2.1%

 

 

 

 

- Analysis of the trend zone & level% and average intensity of trends

For the last 30 days, the average trend zone & level%

Bullish

48%

The Current trend zone & level%

Bearish

-58%

The expected average trend zone & level% for the next 10 days

Bearish

-76%

If the trend moves upward from the current trend level%, it's expected to have an average upward intensity of

37%

(Max 100%)

And if it moves downward, it is expected to have a downward intensity of

-81%

(Min -100%)

 

 

 

 

- Average closing price in case of rising:

 

2.9%

=> HIGH ~ LOW range:

4.3%

~

-0.6%

- Average closing price in case of falling:

 

-2.0%

=> HIGH ~ LOW range:

1.4%

~

-3.0%

 

 

 

 

The 10-day prediction and technical analysis of SMTC stock are conducted based on the analysis of buy-sell intensity by the pretiming analysis. This analysis provides detailed information on various aspects, including the best stocks to buy, stock price targets, and investment strategies. It also includes bearish and bullish stock trend analysis as well as stock technical analysis.

Comments

Popular Posts

TSLA. On May 15, 2024, TSLA stock closed at 174.0, marking a decrease of 2.01%. The current trend zone is Bearish, suggesting a suitable investment position of Sell and Observe.

NASDAQ. The document provides a detailed market analysis suggesting a bullish trend for the NASDAQ index, recommending a 'Buy and Hold' strategy for both long-term and short-term investments.

NASDAQ. The current analysis suggests that the NASDAQ index is currently in a bearish trend, with a recommendation to sell and observe..

= Pretiming Premium =

DowJones. The current analysis suggests that the Dow Jones index is in a bearish trend, recommending a strategy of selling and observing for long-term investment.

SOXL. Navigating the Bearish Zone: Strategies for Short-Term Trading in a Volatile Market.

GME Daily Trend Analysis: Navigating Volatility Amidst Reversal Patterns.

MARA. The current trend appears to be 'Downtrend and The trend is progressing in the Bearish zone. The characteristics of the trend are: Continuous decline (standby) - (High selling pressure).

S&P500. Comprehensive Analysis and Strategies for S&P 500 Investment.