NYSE
On the weekly chart, SMDV has been moving sideways between $53.09 and $66.43 since 22 Oct 2023.
Since 2018, NasdaqScan has found 3 sideways ranges in SMDV. Completed ranges lasted 795 days on average, from 693 to 896 days. Of those 2, 1 broke upward and 1 broke downward. The current range is 25% wide from low to high. The latest retest signal NasdaqScan detected in SMDV was in the week of 19 Jun 2022, below the earlier $60.38 – $68.11 range.
The pattern: price breaks out below a long sideways range, the pullback back into the range fails, and price comes back to retest the low. Traders also call this a spring. NasdaqScan flags the weekly candle that makes the retest.
Weekly chart: each candle is one week of trading, and every date on this page is the week it falls in.
Gold dashed bands mark earlier sideways ranges, from their first swing to where they broke. Pick a range in the table below to zoom the chart to it.
| Range | Started | Ended | How it ended | Retest signals (week of) |
|---|---|---|---|---|
| 22 Oct 2023 | Open | — | — | |
| 6 Jun 2021 | 30 Apr 2023 (693 days) | Broke below the range at $56.35 | 19 Jun 2022 (Go ahead) | |
| 23 Dec 2018 | 6 Jun 2021 (896 days) | Broke above the range at $68.11 | — |
All NYSE stocks with retest patterns →
Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.