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 2024-07-30 View latest technical analysis

10 day averaged volume of Semtech Corporation is 1656167

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Jul 2024	30.16	31.81	31.94	30.04	0.936 times
29 Mon Jul 2024	31.65	31.62	32.10	31.19	0.637 times
26 Fri Jul 2024	30.99	29.53	31.03	29.29	1.046 times
25 Thu Jul 2024	28.91	32.21	32.21	28.64	2.568 times
24 Wed Jul 2024	32.11	32.53	33.34	32.03	0.58 times
23 Tue Jul 2024	33.41	32.49	33.89	32.34	0.453 times
22 Mon Jul 2024	33.05	32.44	33.14	31.57	0.775 times
19 Fri Jul 2024	31.66	32.33	32.33	31.34	0.776 times
18 Thu Jul 2024	32.46	33.51	33.75	31.85	0.813 times
17 Wed Jul 2024	33.04	35.00	35.08	32.50	1.453 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 31.1, but if it comes above 31.1, then a intra day buy could be more profitable.
If you take a sell trade below 31.1, then use 31.1 as stoploss and 28.6 as target. However if you take a buy trade in stock , then use 31.1 as stoploss and 33.16 as target.

Share price targets for Semtech Corporation (SMTC)

Target Type	Value
Downside Target	21.07
Downside Target	27.52
Downside Target	28.44
Downside Target	30.04
Upside Target	31.34
Upside Target	32.08
Upside Target	33.16
Upside Target	36.22
Upside Target	36.92
Upside Target	37.47
Upside Target	38.45
Upside Target	42.61
Upside Target	46.86

Intraday share price targets for Semtech Corporation (SMTC)

Target Type	Value
Downside Intraday Target	29.43
Downside Intraday Target	28.71
Upside Intraday Target	31.49
Upside Intraday Target	32.83
Upside Intraday Target	30.77

Weekly technical analysis of Semtech Corporation (SMTC)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Jul 2024	30.16	31.62	32.10	30.04	0.29 times
26 Fri Jul 2024	30.99	32.44	33.89	28.64	1.087 times
19 Fri Jul 2024	31.66	36.28	36.92	31.34	0.992 times
12 Fri Jul 2024	35.86	33.28	37.47	33.16	5.298 times
05 Fri Jul 2024	33.02	33.03	33.62	32.08	0.436 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
30 Tue Jul 2024	30.16	29.93	37.47	28.64	0.606 times
28 Fri Jun 2024	29.88	40.33	46.86	27.52	1.933 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

Scroll below to view daily charts

Price has moved up 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Semtech Corporation stock for short term is SELL. Signal strength is Strong and stock is gaining 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 coming down

CCI has generated a SELL signal for Semtech Corporation in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 31.22 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.