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(SMIT) Schmitt Industries complete technical analysis [charts+indicators] | Buy/Sell Schmitt Industries | (SMIT) share price targets

Complete technical analysis of Schmitt Industries (SMIT) by charts plus indicators, forecast predictions and share price targets for Schmitt Industries (SMIT)

Schmitt Industries trades in USA in Capital Goods sector.

10 day averaged volume of Schmitt Industries is 49360

Date Daily Closing Price Open High Low Volume
14 Wed Apr 2021 7.20 8.18 8.18 7.17 1.376 times
13 Tue Apr 2021 8.09 7.78 8.27 7.68 0.478 times
12 Mon Apr 2021 7.75 7.41 8.38 7.19 3.588 times
09 Fri Apr 2021 7.19 6.79 7.45 6.62 1.286 times
08 Thu Apr 2021 6.47 6.36 6.74 6.34 0.423 times
07 Wed Apr 2021 6.35 6.25 6.60 6.25 0.059 times
06 Tue Apr 2021 6.66 6.57 6.78 6.26 0.535 times
05 Mon Apr 2021 6.50 6.59 6.76 6.30 2.139 times
01 Thu Apr 2021 6.88 6.20 7.00 6.03 1.451 times
31 Wed Mar 2021 5.88 5.96 5.96 5.81 0.024 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 7.1, but if it comes below 7.1, then a intra day sell could be more profitable.
If you take a sell trade below 7.1, then use 7.1 as stoploss and 6.57 as target. However if you take a buy trade in stock , then use 7.1 as stoploss and 7.8 as target.

Share price targets for Schmitt Industries (SMIT)

Target Type Value
Downside Target 4.64
Downside Target 4.88
Downside Target 5.20
Downside Target 5.56
Downside Target 5.88
Downside Target 6.03
Downside Target 6.25
Downside Target 6.49
Downside Target 6.72
Downside Target 7.00
Downside Target 7.17
Upside Target 7.45
Upside Target 8.38

Intraday share price targets for Schmitt Industries (SMIT)

Target Type Value
Downside Intraday Target 6.79
Downside Intraday Target 6.37
Upside Intraday Target 8
Upside Intraday Target 8.79
Upside Intraday Target 7.58

Weekly technical analysis of Schmitt Industries (SMIT)

Date Weekly Closing Price Open High Low Volume
14 Wed Apr 2021 7.20 7.41 8.38 7.17 1.225 times
09 Fri Apr 2021 7.19 6.59 7.45 6.25 2.154 times
01 Thu Apr 2021 6.88 6.20 7.00 5.57 2.624 times
26 Fri Mar 2021 6.28 6.37 6.77 5.90 0.293 times
19 Fri Mar 2021 6.37 6.03 6.72 5.88 4.428 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Schmitt Industries (SMIT)

Date Monthly Closing Price Open High Low Volume
14 Wed Apr 2021 7.20 6.20 8.38 6.03 1.805 times
31 Wed Mar 2021 5.88 5.74 6.77 5.56 0.445 times
26 Fri Feb 2021 5.69 5.02 6.76 4.88 1.434 times
29 Fri Jan 2021 4.83 5.67 6.06 4.64 1.473 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Schmitt Industries (SMIT)

Indicator Name Indicator Value Indicator Signal
ADX 34, 16, 35 Buy
MACD 1, 0Buy
Stochastics 73Buy
CCI 74Sell
RSI 53Buy
OBV 243600Sell
VWAP 7Buy
ADL 0Sell
ROC 20Buy
Force Index 0Sell

Price action analysis of Schmitt Industries ( (SMIT) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Schmitt Industries ( (SMIT) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Schmitt Industries ( (SMIT) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Schmitt Industries ( (SMIT) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Schmitt Industries stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Schmitt Industries in short term and the buy signal is strong.

Schmitt Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Schmitt Industries in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Schmitt Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 7.18 and Schmitt Industries (SMIT) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Schmitt Industries (SMIT) stock. Volume based technical analysis of Schmitt Industries (SMIT) stock is negative.

Schmitt Industries Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
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