SMCI technical analysis

SMCI Technical Analysis

Analysis date

August 5, 2026

Market

NasdaqGS (USD)

Daily cutoff

August 4, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

SMCI Data Verification

Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.

Symbol
SMCI
Market
NasdaqGS
Currency
USD (US Dollar)
Latest completed bar
August 4, 2026

Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.

Validation seriesLatest CloseDateDifferenceStatus
Calculation series31.69August 4, 2026-Verified
Verification series31.69August 4, 20260.00%Verified

Bottom line

SMCI Technical Analysis Summary

SMCI has staged a sharp short-term rebound, with the daily price at 31.69 reclaiming SMA20 (27.87) after a 10.65% gain on the latest completed daily bar. The daily trend is still mixed: price sits above SMA20 but below SMA50 (32.26) and SMA200 (32.54), and the weekly chart remains bearish with price at 28.40 below all major moving averages. Daily momentum is improving with RSI14 at 56.90 above the 50 midline and a positive MACD histogram at +0.55, though weekly momentum is still negative. Immediate resistance is the 32.26 to 32.59 zone formed by SMA50, SMA200, and the 20-day high. Key support sits at 27.87 (SMA20), then 23.38 (20-day and 60-day low), then 19.48 (52-week low).

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (August 4, 2026)

Trend
Mixed with a short-term bullish tilt. Price at 31.69 trades above SMA20 (27.87) after a sharp rally, but remains below SMA50 (32.26) and SMA200 (32.54). The moving averages are not in a clean bullish or bearish stack, reflecting a market that has stabilized above the 20-day average while still working to reclaim the longer-term averages.
Momentum
Improving. RSI14 at 56.90 is above the 50 midline, indicating bullish momentum after the recent advance, and is not yet overbought. MACD line at -0.30 is above the signal line at -0.85, with the histogram at +0.55 firmly positive, suggesting the downside momentum that dominated the earlier decline has shifted.
Volatility
Elevated. ATR14 at 2.43 (7.67% of price) reflects wide daily ranges typical of this stock. Bollinger Bands from 23.52 to 32.22 remain broad, with price now trading near the upper band, consistent with a strong short-term move.
Volume
Above average. Latest daily volume of 52,445,555 is 120.0% of the 20-period average of 43,687,243, confirming participation behind the rally. Volume totals can differ across trading venues.

Assessment

The daily chart has moved from a clear downtrend into a rebuilding phase. Price reclaiming SMA20 with above-average volume and a positive MACD histogram is a constructive near-term signal, but the failure to clear SMA50 and SMA200 leaves the bigger-picture bias unresolved. A sustained move above the 32.26 to 32.59 resistance zone would improve the daily outlook, while a close back below 27.87 would put the rebound at risk.

Weekly (July 27, 2026 week)

Trend
Bearish. Price at 28.40 trades below SMA20 (29.77), SMA50 (34.65), and SMA200 (37.67), with the moving averages still in bearish order. The weekly chart has not yet confirmed the improvement seen on the daily timeframe.
Momentum
Bearish but stabilizing. RSI14 at 46.78 remains below the 50 midline. MACD line at -1.32 is below the signal line at -1.06, with the histogram at -0.26 still negative, though the negative histogram has narrowed.
Volatility
Very high. ATR14 at 6.29 (22.14% of price) reflects the large weekly swings this stock has produced. Bollinger Bands from 17.63 to 41.91 are exceptionally wide, underscoring the volatility profile of the past year.
Volume
Below average. Weekly volume of 186,755,300 is 77.4% of the 20-week average of 241,236,375. Volume totals can differ across trading venues.

Assessment

The weekly timeframe remains bearish with price below all major moving averages and negative momentum. The 60-week return of -31.65% highlights the size of the prior decline. Until weekly momentum turns positive and price reclaims the weekly SMA20 at 29.77, the intermediate-term trend is best described as a downtrend showing early signs of stabilization rather than confirmed reversal.

Key indicators

SMCI Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)56.9046.78
MACD (12, 26, 9)-0.30 / -0.85 / +0.55-1.32 / -1.06 / -0.26
ATR (14)2.43 (7.67%)6.29 (22.14%)
Bollinger Bands (20, 2)23.52 - 32.2217.63 - 41.91
SMA (20)27.8729.77
SMA (50)32.2634.65
SMA (200)32.5437.67

Price structure

SMCI Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price31.6928.40
1-Period Return+10.65%-5.65%
5-Period Return+11.39%-7.28%
20-Period Return+20.72%-7.64%
60-Period Return-5.74%-31.65%
252-Period Return-44.05%+660.37%
52-Week Low19.4819.48
52-Week High59.4059.40
52-Week Position30.59%22.34%

Key levels

SMCI Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High32.5951.40
20-Period Low23.3819.48
60-Period High51.4062.36
60-Period Low23.3819.48

Scenarios

SMCI Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price holds above SMA20 at 27.87 and closes above the 32.26 to 32.59 resistance zone (SMA50, SMA200, and the 20-day high) on above-average volume.

Invalidation

A close back below SMA20 at 27.87.

What to watch

The daily MACD line crossing above zero and the weekly MACD histogram turning positive would confirm momentum alignment.

Range-Bound

Trigger

Price consolidates between 27.87 support and the 32.26 to 32.59 resistance zone while the daily trend remains mixed.

Invalidation

A decisive break of either boundary on elevated volume.

What to watch

RSI holding between 40 and 65; volume settling back toward the 20-period average.

Bearish

Trigger

Price fails at the 32.26 to 32.59 zone and breaks below SMA20 at 27.87, then below 23.38 toward the 52-week low at 19.48.

Invalidation

Price reclaims and holds above 32.59.

What to watch

The weekly MACD histogram turning more negative and sustained closes below 23.38.

Methodology

Methodology and Limitations

This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 4, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.

Frequently Asked Questions

This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.

Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 4, 2026, weekly July 27, 2026 week. Generated August 5, 2026.