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(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 2024-06-17 View latest technical analysis

10 day averaged volume of Semtech Corporation is 3788700

Date	Daily Closing Price	Open	High	Low	Volume
17 Mon Jun 2024	30.75	29.53	30.85	29.41	0.34 times
14 Fri Jun 2024	29.53	29.09	29.78	28.89	0.343 times
13 Thu Jun 2024	29.72	30.38	30.51	29.33	0.673 times
12 Wed Jun 2024	30.37	31.56	32.23	30.06	0.835 times
11 Tue Jun 2024	31.00	31.57	32.53	30.62	0.608 times
10 Mon Jun 2024	31.97	31.31	33.15	30.00	0.957 times
07 Fri Jun 2024	31.18	30.17	32.00	27.52	3.15 times
06 Thu Jun 2024	37.98	44.33	46.86	37.51	1.752 times
05 Wed Jun 2024	38.68	37.92	38.83	37.50	0.61 times
04 Tue Jun 2024	37.38	37.94	38.10	37.01	0.591 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 32, but if it comes above 32, then a intra day buy could be more profitable.
If you take a sell trade below 32, then use 32 as stoploss and 26.9 as target. However if you take a buy trade in stock , then use 32 as stoploss and 36.29 as target.

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
Upside Target	30.85
Upside Target	33.15
Upside Target	36.22
Upside Target	38.18
Upside Target	41.62
Upside Target	42.61
Upside Target	46.86

Intraday share price targets for Semtech Corporation (SMTC)

Target Type	Value
Downside Intraday Target	29.82
Downside Intraday Target	28.9
Upside Intraday Target	31.26
Upside Intraday Target	31.78
Downside Intraday Target	30.34

Weekly technical analysis of Semtech Corporation (SMTC)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Mon Jun 2024	30.75	29.53	30.85	29.41	0.1 times
14 Fri Jun 2024	29.53	31.31	33.15	28.89	0.519 times
07 Fri Jun 2024	31.18	40.33	46.86	27.52	4.139 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

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 Semtech Corporation (SMTC)

Date	Monthly Closing Price	Open	High	Low	Volume
17 Mon Jun 2024	30.75	40.33	46.86	27.52	1.374 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 SELL. Signal strength is Weak and stock is losing momentum.

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

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 red color and prices are below the red 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 33.05 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 negative.

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