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SMTC Fell Below 20 Day Moving Average on August 5
SMTC closed down 6.12% on Wednesday, August 5th, with volume running 0.4× below average. Fell Below 20 DMA — typically a warning sign for traders — developed during the session. Key support levels exist at 118.28, 115.31 & 109.45, with resistance at 127.11, 132.97 & 135.94.
Current SwingTradeBot Technical Rating of SMTC: C
There’s more where that came from. See all of today’s signals for SMTC here.
Read full article here »