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SMI NEWS why is Semiconductor Manufacturing International Corporation price falling or rising

SMI NEWS reasons for why stock price of Semiconductor Manufacturing International Corporation is falling or rising

SMI Semiconductor Manufacturing is falling or rising technical reasons

Technical analysis forecast for Semiconductor Manufacturing Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Semiconductor Manufacturing SMI at this time. Stock is falling and might fall more.

It appears as if Semiconductor Manufacturing SMI gave a large move recently.

Stock of Semiconductor Manufacturing (SMI) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Semiconductor Manufacturing is bearish for shortterm, and stock might move down till 5.3 or till 5. Use a stoploss of 5.51 and if the stock hits stoploss, then it can shoot up till 5.76

SMI Semiconductor Manufacturing is falling or rising NEWS fundamental reasons

More announcements and NEWS

SMI Semiconductor Manufacturing International Corporation current price & indicator signals

Moving Averages for Semiconductor Manufacturing International Corporation

  • 5Day Average: 5.55
  • 12Day Average: 5.65
  • 20Day Average: 5.53
  • 50Day Average: 5.34
  • 100Day Average: 5.13
  • 150Day Average: 4.87
  • 200Day Average: 4.96

SMI Indicators & signals

Indicator MACD (12,26,9)

5.55, 5.48, 0.1
Indicator MACD is in positive zone

Indicator ADX (14)

6.67, 38.89, 44.44
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 51
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SMI Semiconductor Manufacturing International Corporation are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
13 Thu Jun 2019 5.41 5.34 to 5.46 -0.73% 0.39 times
12 Wed Jun 2019 5.45 5.43 to 5.53 -3.88% 0.44 times
11 Tue Jun 2019 5.67 5.62 to 5.71 0.89% 1.17 times
10 Mon Jun 2019 5.62 5.61 to 5.68 0.72% 0.92 times
07 Fri Jun 2019 5.58 5.51 to 5.59 1.09% 0.85 times
06 Thu Jun 2019 5.52 5.44 to 5.54 -0.72% 1.1 times
05 Wed Jun 2019 5.56 5.53 to 5.66 -1.24% 0.95 times
04 Tue Jun 2019 5.63 5.53 to 5.64 -2.93% 0.75 times
03 Mon Jun 2019 5.80 5.73 to 5.84 -2.68% 1.17 times
31 Fri May 2019 5.96 5.89 to 5.96 1.36% 1.34 times
30 Thu May 2019 5.88 5.79 to 5.88 2.98% 1.31 times
29 Wed May 2019 5.71 5.64 to 5.75 -1.89% 1.12 times

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SMI NEWS why is Semiconductor  Manufacturing International Corporation price falling or rising

 

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