Smartsheet - no longer downtrend

20 нояб. 2019 г.

Technical analysis


SMA:

• For the past 4 days, SMAR rallied of the 50sma with above average volume.
  
• It took out its short-term resistance at the 200sma, and is currently crossing 100sma today (nov.20.2019).
  
  
• RSI 67 on an uptrend
  
• OBV is higher than early june when stock price was also $45, indicating accumulation (Bull).
  

**The healthcare is also breaking upwards and has strong momentum.