Big movements in Super Micro Computer stock price on Wednesday moving 12.24% between high and low

The Super Micro Computer stock price gained 12.23% on the last trading day (Wednesday, 26th Feb 2025), rising from $45.54 to $51.11. During the last trading day the stock fluctuated 12.24% from a day low at $50.06 to a day high of $56.19. The price has been going up and down for this period, and there has been a 27.23% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 20 million more shares were traded than the day before. In total, 137 million shares were bought and sold for approximately $7.02 billion.

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

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled.Given the current short-term trend, the stock is expected to rise 17.36% during the next 3 months and, with a 90% probability hold a price between $34.38 and $71.61 at the end of this 3-month period.

The Super Micro Computer stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $54.24. On a fall, the stock will find some support from the long-term average at approximately $37.59. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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. A sell signal was issued from a pivot top point on Wednesday, February 19, 2025, and so far it has fallen -15.17%. Further fall is indicated until a new bottom pivot has been found.

On the downside, the stock finds support just below today's level from accumulated volume at $42.00 and $40.21.There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Super Micro Computer finds support just below today's level at $42.00. If this is broken, then the next support from accumulated volume will be at $40.21 and $39.68.

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 $6.13 between high and low, or 12.24%. For the last week, the stock has had daily average volatility of 13.52%.

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 Hold/Accumulate to a Buy candidate.