Technical Analysis for SMID - Smith-Midland Corporation

Grade Last Price % Change Price Change
F 26.82 -3.14% -0.87
SMID closed down 3.14 percent on Monday, July 1, 2024, on 1.19 times normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Wide Bands Range Expansion 0.00%
Down 3 Days in a Row Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Volume Surge Other -3.14%
Lower Bollinger Band Walk Weakness -3.14%
Wide Bands Range Expansion -3.14%
Oversold Stochastic Weakness -3.14%
180 Bearish Setup Bearish Swing Setup -3.59%
Slingshot Bearish Bearish Swing Setup -3.59%
Stochastic Buy Signal Bullish -3.59%

   Recent Intraday Alerts

Alert Time
Down 3% about 9 hours ago
Up 3% about 9 hours ago
Fell Below Previous Day's Low about 9 hours ago
Down 2 % about 9 hours ago
Down 1% about 9 hours ago

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Smith-Midland Corporation Description

Smith-Midland Corporation, through its subsidiaries, invents, develops, manufactures, markets, leases, licenses, sells, and installs precast concrete products primarily for use in the construction, highway, utilities, and farming industries. It offers SlenderWall, a lightweight construction panels for the exterior walls of building; Sierra Wall that provides sound and sight barrier for use alongside highways around residential, industrial, and commercial properties; J-J Hooks highway safety barriers for use on roadways to separate lanes of traffic in construction work zone or traffic control purposes; and Easi-Set precast building and Easi-Span expandable precast buildings for use in housing communications operations, traffic control systems, and mechanical and electrical stations. The company also provides Easi-Set utility vaults for house equipment, such as cable, telephone, or traffic signal equipment, and for underground storage, as well as custom-built utility vaults for special needs; SoftSound soundwall panels to absorb highway noise; Beach Prisms, an erosion control modules for seawalls and jetties; and H2Out secondary drainage systems for panelized exterior cladding. In addition, it offers licenses its proprietary products and non-proprietary products in the United States, Canada, Belgium, New Zealand, Australia, Mexico, Trinidad, Spain, and Chile. It markets its products through in-house sales force, independent sales representatives, and direct mail to contractors performing public and private construction contracts, such as the public and private roads and highways, and airports; municipal utilities; and federal, state, and local transportation authorities. Smith-Midland Corporation was founded in 1960 and is based in Midland, Virginia.


Classification

Sector: Basic Materials
Industry: Building Materials
Keywords: Construction Building Materials Airport Building Engineering Concrete Drainage Concrete Products Reuse Municipal Utilities Precast Concrete Transportation Authorities Non Proprietary Products

Is SMID a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 48.87
52 Week Low 16.83
Average Volume 35,790
200-Day Moving Average 33.66
50-Day Moving Average 34.74
20-Day Moving Average 32.77
10-Day Moving Average 30.54
Average True Range 2.76
RSI (14) 31.97
ADX 23.27
+DI 11.10
-DI 27.36
Chandelier Exit (Long, 3 ATRs) 29.72
Chandelier Exit (Short, 3 ATRs) 34.06
Upper Bollinger Bands 39.37
Lower Bollinger Band 26.18
Percent B (%b) 0.05
BandWidth 40.24
MACD Line -2.22
MACD Signal Line -1.48
MACD Histogram -0.7357
Fundamentals Value
Market Cap 141 Million
Num Shares 5.26 Million
EPS 0.11
Price-to-Earnings (P/E) Ratio 243.82
Price-to-Sales 3.89
Price-to-Book 6.99
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 30.35
Resistance 3 (R3) 30.69 29.85 29.76
Resistance 2 (R2) 29.85 28.95 29.68 29.57
Resistance 1 (R1) 28.33 28.39 27.91 28.00 29.37
Pivot Point 27.49 27.49 27.28 27.32 27.49
Support 1 (S1) 25.98 26.59 25.56 25.64 24.27
Support 2 (S2) 25.14 26.04 24.97 24.07
Support 3 (S3) 23.62 25.14 23.88
Support 4 (S4) 23.29