Big movements in Super Micro Computer stock price on Tuesday moving 13.22% between high and low

StockInvest.us, 1 week ago

Super Micro Computer

The Super Micro Computer stock price gained 10.68% on the last trading day (Tuesday, 11th Mar 2025), rising from $36.90 to $40.84. During the last trading day the stock fluctuated 13.22% from a day low at $36.61 to a day high of $41.45. The price has fallen in 6 of the last 10 days and is down by -10.32% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 21 million more shares were traded than the day before. In total, 94 million shares were bought and sold for approximately $3.84 billion.

On Mar 10, 2025, it was reported that Goldman Sachs gave SMCI a "Neutral" 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 $37.57 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 29.42% during the next 3 months and, with a 90% probability hold a price between $48.62 and $82.50 at the end of this 3-month period.

Super Micro Computer

The Super Micro Computer stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $38.16 and $39.33. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 03, 2025, and so far it has risen 13.22%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Super Micro Computer finds support from accumulated volume at $40.17 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 $4.84 between high and low, or 13.22%. For the last week, the stock has had daily average volatility of 9.98%.

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Super Micro Computer stock to perform well in the short-term.We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Buy candidate.

Check full Super Micro Computer forecast and analysis here.
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