Super Micro Computer stock upgraded to Buy Candidate

StockInvest.us, 1 month ago

Super Micro Computer

The Super Micro Computer stock price gained 4.83% on the last trading day (Tuesday, 3rd Jun 2025), rising from $41.20 to $43.19. During the last trading day the stock fluctuated 6.73% from a day low at $41.13 to a day high of $43.90. The price has fallen in 6 of the last 10 days and is down by -3.57% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 16 million more shares were traded than the day before. In total, 42 million shares were bought and sold for approximately $1.79 billion.

On May 14, 2025, it was reported that Raymond James gave SMCI a "Outperform" grade with a "initialise" action.

The stock lies in the middle of a very wide and weak 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 4.21% during the next 3 months and, with a 90% probability hold a price between $31.68 and $48.43 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. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $41.31 and $37.02. 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 Friday, May 16, 2025, and so far it has fallen -6.41%. 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 $42.47 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 $2.77 between high and low, or 6.73%. For the last week, the stock has had daily average volatility of 5.58%.

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.

Check full Super Micro Computer forecast and analysis here.