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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 2024-08-07 View latest technical analysis

10 day averaged volume of Semtech Corporation is 1934170

Date	Daily Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	27.61	29.69	29.89	27.25	0.701 times
06 Tue Aug 2024	28.79	28.09	29.42	27.68	0.818 times
05 Mon Aug 2024	28.00	28.00	29.34	27.56	1.481 times
02 Fri Aug 2024	30.49	29.35	31.07	29.26	0.764 times
01 Thu Aug 2024	30.81	31.56	31.87	29.99	0.929 times
31 Wed Jul 2024	31.72	31.15	32.68	30.83	1.071 times
30 Tue Jul 2024	30.16	31.81	31.94	30.04	0.801 times
29 Mon Jul 2024	31.65	31.62	32.10	31.19	0.545 times
26 Fri Jul 2024	30.99	29.53	31.03	29.29	0.896 times
25 Thu Jul 2024	28.91	32.21	32.21	28.64	2.199 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 29.3, but if it comes above 29.3, then a intra day buy could be more profitable.
If you take a sell trade below 29.3, then use 29.3 as stoploss and 26.1 as target. However if you take a buy trade in stock , then use 29.3 as stoploss and 32.02 as target.

Share price targets for Semtech Corporation (SMTC)

Target Type	Value
Downside Target	27.25
Upside Target	28.64
Upside Target	29.26
Upside Target	29.89
Upside Target	31.34
Upside Target	32.68
Upside Target	33.89
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	26.61
Downside Intraday Target	25.61
Upside Intraday Target	29.25
Upside Intraday Target	30.89
Upside Intraday Target	28.25

Weekly technical analysis of Semtech Corporation (SMTC)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	27.61	28.00	29.89	27.25	0.73 times
02 Fri Aug 2024	30.49	31.62	32.68	29.26	0.885 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

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
07 Wed Aug 2024	27.61	31.56	31.87	27.25	0.256 times
31 Wed Jul 2024	31.72	29.93	37.47	28.64	0.643 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

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 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 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 getting stronger in this stock.

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 but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 29.69 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.