On Friday, Super Micro Computer stock price gained an impressive 7.80%
The Super Micro Computer stock price gained 7.80% on the last trading day (Friday, 21st Mar 2025), rising from $39.10 to $42.15. During the last trading day the stock fluctuated 9.53% from a day low at $38.91 to a day high of $42.62. The price has been going up and down for this period, and there has been a 10.22% 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, 64 million shares were bought and sold for approximately $2.68 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 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 28.70% during the next 3 months and, with a 90% probability hold a price between $45.10 and $84.57 at the end of this 3-month period.
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 $40.35 and $41.57. A breakdown below any of these levels will issue sell signals. 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 -30.04%. Further fall is indicated until a new bottom pivot has been found. 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 $3.71 between high and low, or 9.53%. For the last week, the stock has had daily average volatility of 7.57%.
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 Strong Sell to a Buy candidate.
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