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

(SMTC) Semtech Corporation complete technical analysis [charts+indicators] | Buy/Sell Semtech Corporation | (SMTC) share price targets

Complete technical analysis of Semtech Corporation (SMTC) by charts plus indicators, forecast predictions and share price targets for Semtech Corporation (SMTC)

Semtech Corporation trades in USA in Technology sector.

Showing technical analysis as on 2024-06-05 View latest technical analysis

10 day averaged volume of Semtech Corporation is 1446666

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	38.68	37.92	38.83	37.50	1.597 times
04 Tue Jun 2024	37.38	37.94	38.10	37.01	1.548 times
03 Mon Jun 2024	38.18	40.33	40.56	37.71	1.258 times
31 Fri May 2024	38.89	39.20	40.00	38.18	1.446 times
30 Thu May 2024	38.91	40.25	40.71	38.21	1.141 times
29 Wed May 2024	40.59	40.37	42.61	40.01	0.973 times
28 Tue May 2024	40.54	40.74	41.39	40.18	0.605 times
23 Thu May 2024	39.38	40.80	40.96	38.70	0.703 times
22 Wed May 2024	39.88	40.91	41.33	39.62	0.659 times
21 Tue May 2024	40.62	39.54	41.62	39.50	1.097 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 38.6 as stoploss in an intra day buy trade for a target of 39.52. However, stock will show a bearish move below 38.6.

Share price targets for Semtech Corporation (SMTC)

Target Type	Value
Downside Target	18.72
Downside Target	21.07
Downside Target	21.54
Downside Target	27.52
Downside Target	28.44
Downside Target	36.22
Downside Target	37.01
Downside Target	38.18
Upside Target	40.56
Upside Target	40.82
Upside Target	41.36
Upside Target	41.62
Upside Target	42.61

Intraday share price targets for Semtech Corporation (SMTC)

Target Type	Value
Downside Intraday Target	36.94
Downside Intraday Target	35.2
Upside Intraday Target	40.49
Upside Intraday Target	42.3
Upside Intraday Target	38.75

Weekly technical analysis of Semtech Corporation (SMTC)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	38.68	40.33	40.56	37.01	1.057 times
31 Fri May 2024	38.89	40.74	42.61	38.18	1.376 times
23 Thu May 2024	39.38	40.07	41.62	38.70	0.876 times
17 Fri May 2024	39.95	39.60	40.82	38.51	0.737 times
10 Fri May 2024	39.59	39.48	41.36	38.37	0.582 times

Price has moved down 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 Semtech Corporation (SMTC)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	38.68	40.33	40.56	37.01	0.223 times
31 Fri May 2024	38.89	36.69	42.61	36.22	0.335 times
30 Tue Apr 2024	37.62	28.52	38.45	27.52	2.314 times
28 Thu Mar 2024	27.49	21.42	28.44	21.07	1.856 times

Scroll below to view daily charts

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

Indicators analysis of Semtech Corporation (SMTC)

Price action analysis of Semtech Corporation ( (SMTC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Semtech Corporation ( (SMTC) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Semtech Corporation ( (SMTC) ) 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 Semtech Corporation stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Semtech Corporation in short term but the sell signal is initial and weak.

Semtech Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Semtech Corporation in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Semtech Corporation is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 39.07 and Semtech Corporation (SMTC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Semtech Corporation (SMTC) stock. Volume based technical analysis of Semtech Corporation (SMTC) stock is negative.

Semtech Corporation Stock has given negative 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.