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Crossed Above 20 Day Moving Average appears for SMTC after 11.16% move

Semtech Corporation (SMTC) — SwingTradeBot Technical Analysis Report · Aug 6, 2026, 17:45 ET
SMTC closed up 11.16% on Thursday, August 6th, with volume running 1.4× above average. Multiple bullish signals emerged — Crossed Above 20 DMA and Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 122.47, 110.16 & 102.82, with resistance at 142.12, 149.46 & 161.77.

Current SwingTradeBot Technical Rating of SMTC: B

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Semtech Corporation (SMTC)