Big movements in Super Micro Computer stock price on Thursday moving 11.22% between high and low

The Super Micro Computer stock price fell by -4.76% on the last day (Thursday, 6th Mar 2025) from $38.90 to $37.05. During the last trading day the stock fluctuated 11.22% from a day low at $35.66 to a day high of $39.66. The price has fallen in 8 of the last 10 days and is down by -37.49% for this period. Volume has increased on the last day by 2 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 71 million shares were bought and sold for approximately $2.63 billion.

On Feb 18, 2025, it was reported that Wedbush gave SMCI a "Hold" grade with a "hold" action.

The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $31.62 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift.Given the current short-term trend, the stock is expected to rise 25.12% during the next 3 months and, with a 90% probability hold a price between $39.56 and $78.37 at the end of this 3-month period.

A buy signal was issued from a pivot bottom point on Monday, March 03, 2025, and so far it has risen 2.72%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Super Micro Computer stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $40.95 and $38.67. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Super Micro Computer finds support from accumulated volume at $36.07 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $4.00 between high and low, or 11.22%. For the last week, the stock has had daily average volatility of 13.33%.

The Super Micro Computer stock holds several negative signals and despite the positive trend, we believe Super Micro Computer will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Sell candidate.