$SUPER MICRO COMPUTER INC(SMCI)$
β οΈβΌοΈππ¨πβ οΈβΌοΈSuper Micro Computer Inc. (SMCI) ~ SEVERE Death Cross Warning: Brace for Impact! β οΈπ§οΈβ‘ππ¨βΌοΈβ οΈ
Kia ora Tiger traders! π―
Hold on to your hats because we're diving deep into $SMCI, and it looks like a storm is brewing! π§οΈβ‘
ππ§οΈ In my analysis, SMCI's plummet post-earnings firmly places the target at a stark $530, reflecting the severe downturn signaled by the Death Cross. πͺοΈπ₯
π Techie Talk - Levels & Chart Analysis π
- Current Price: $617.82 (On a slippery slope! π·)
- Recent Highs: $636.98 (So close, yet so far! π)
- Recent Lows: $582.46 (Free-falling! π)
- Support Levels: $575 - $583 (Hanging by a thread! πͺ’)
- Resistance Levels: $655.81, $720.67, $731.48 (Mountains to climb! π§)
- Monthly Top: Around $690 (The elusive peak! ποΈ)
The chart is flashing warning signals with a downward channel, suggesting potential further declines. Key levels to watch are $607 and the $575 - $583 support range. If we breach these levels, it might be a free-fall to $550. π±
π Earnings & Financials - The Nitty-Gritty π
- Market Cap: $36.67B (A hefty valuation! π°)
- P/E Ratio (TTM): 51.79 (High expectations! π)
- EPS (TTM): $12.09 (Show me the money! π΅)
- ROE: 30.57% (Decent return! π)
- 52-Week Range: $226.59 - $1,229.00 (That's quite a range! π’)
SMCI took a nosedive of -6.84% post-earnings, sending shockwaves through the market. Analysts are watching closely for the earnings call on August 6th to see if the company can back up its high valuations.
π Trend-o-Meter - Whatβs Hot? π₯
- Volume: 6.94M (The market is buzzing! πͺ)
- Amplitude: 8.11% (High volatility! π)
- 52-Week High Amplitude: SMCI is as unpredictable as a cat on catnip! πΌ
π Moving Averages & Crossovers π
Recent data indicates that SMCI's 50-day moving average (MA) is crossing below its 200-day moving average, signaling a Death Cross. This is often interpreted as a bearish signal, suggesting potential further declines ahead.
- 50-day MA: 624.86
- 200-day MA: (Data insufficient for calculation, typically requires more data)
The Death Cross is a chart pattern where a short-term moving average crosses below a long-term moving average, often signaling a bearish market shift. This pattern has been associated with significant market downturns, such as those in 1929, 1974, and 2008.
As James Chen, a seasoned market strategist, puts it, "Despite its ominous name, the death cross is not a market milestone worth dreading. Market history suggests it tends to precede a near-term rebound with above-average returns"γ76 [oai_citation:1,Death Cross Definition: How and When It Happens](https://www.investopedia.com/terms/d/deathcross.asp)Additionally, the Death Cross is more reliable when it appears after a significant market correction, often signaling a bearish continuation if the preceding losses were substantialγ77 [oai_citation:2,Death Cross Explained (2024): Everything You Need to Know](https://tokenist.com/investing/death-cross/)#### π Competitors - The Rival Showdown βοΈ
1. NVIDIA Corporation (NVDA) π₯οΈ
- Buy: π’ 20 (Enthusiastic!)
- Hold: π‘ 5 (Cautious!)
- Sell: π΄ 2 (Skeptical!)
2. Advanced Micro Devices (AMD) π§
- Buy: π’ 18 (Optimistic!)
- Hold: π‘ 7 (On the fence!)
- Sell: π΄ 3 (Critical!)
3. Intel Corporation (INTC) π
- Buy: π’ 12 (Supportive!)
- Hold: π‘ 15 (Neutral!)
- Sell: π΄ 6 (Doubtful!)
π‘ Analysts' Ratings - The Verdict π
- Buy: π’ 22 (Bullish!)
- Hold: π‘ 5 (Neutral!)
- Sell: π΄ 1 (Bearish!)
π§ Words of Wisdom π§ββοΈ
"Risk comes from not knowing what you're doing." β Warren Buffett (aka the Oracle of Omaha! π§ββοΈ)
π§ Fun Facts - Did You Know? π€
- Super Micro Computer was founded in 1993 (Old school cool! π).
- It's headquartered in San Jose, California, right in Silicon Valley (Tech hub! ποΈ).
π€ Hey Tiger Traders...
Do you think SMCI will bounce back from its recent drop, or is there more downside ahead? π€·ββοΈ
π€ @TigerGPT ...
How does SMCI's current valuation compare to its historical P/E ratios? π
Happy trading ahead. Cheers, BC π
@TigerPM @TigerStars @Tiger_comments @Tiger_Earnings @MillionaireTiger @TigerOptions
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Most predicted we'd never see the $800's again, let alone $700's, let alone $600's
Super Micro Computer Inc. (SMCI) Analysis
Business Overview
Super Micro Computer Inc. is a technology company founded in 1993 and headquartered in San Jose, California. It operates in the computer hardware industry and is located in the heart of Silicon Valley. The company specializes in providing high-performance server solutions, storage systems, and networking products for enterprise customers. With a market capitalization of $36.67 billion, Super Micro Computer Inc. is a significant player in the industry.
Earnings and Financials
The company's recent earnings report for Q3 2024 shows an EPS (Earnings Per Share) of $7.13, a return on equity (ROE) of 39.40%, and a net profit margin of 10.45%.
The forecasted EPS for the fiscal year 2024 is $23.86, with a forecasted gross income of $14.93 billion and a forecasted EBIT (Earnings Before Interest and Taxes) of $1.63 billion.
Looking ahead, the earnings forecast for 2025FY predicts an EPS of $34.32, a forecasted gross income of $24.20 billion, and a forecasted EBIT of $2.60 billion.
The earnings forecast for 2026FY indicates an EPS of $42.47, a forecasted gross income of $29.32 billion, and a forecasted EBIT of $3.32 billion.
Stock Trends and Analysis
The current stock price of Super Micro Computer Inc. is $624.65 (as of August 3, 2024).
Recent highs reached $636.98, while recent lows were at $582.46.
The support levels to watch are $575 - $583, and the resistance levels are $655.81, $720.67, and $731.48.
The stock is currently in a downward channel, indicating potential further declines.
Key levels to monitor are $607 and the support range of $575 - $583. A breach of these levels may lead to a further decline to $550.
Analysts' Ratings
Analysts' ratings for Super Micro Computer Inc. are as follows:
Buy: 22 analysts (Bullish)
Hold: 5 analysts (Neutral)
Sell: 1 analyst (Bearish)
Valuation Analysis
Analysts have provided target price estimates for Super Micro Computer Inc.:
Mean target price: $1003.80846
Low target price: $325.0
High target price: $1500.0
The analyst recommendation breakdown is as follows:
Buy: 7 analysts
Hold: 6 analysts
Underperform: 1 analyst
Capital Flow Analysis
The capital flow data for Super Micro Computer Inc. in the past 5 days is as follows:
07-26: Inflow of 3863.51K
07-29: Inflow of 2598.22K
07-30: Inflow of 16821.13K
07-31: Inflow of 65145.05K
08-01: Inflow of 12693.44K
The total inflow and outflow for the most recent day is as follows:
Total Inflow: $1.271 billion
Total Outflow: $1.340 billion
Conclusion
Based on the analysis, Super Micro Computer Inc. (SMCI) has experienced a severe downturn signaled by the Death Cross. The stock is currently in a downward trend, and key support levels to watch are $607 and the $575 - $583 range. Analysts have provided a wide range of target price estimates, with a mean target price of $1003.80846. It is important to note that the above analysis is for informational purposes only and should not be considered as investment advice. Investors should conduct their own research and consider the inherent risks in the stock market before making any investment decisions.
Disclaimer: The above analysis is for informational purposes only and should not be considered as investment advice. The inherent risks in the stock market and the normal fluctuations in stock prices should be taken into account. Investors are encouraged to think independently and make their own investment decisions.
Earning next week will lift this stock big time
I love how longs always assume the future earnings will materialize perfectly, and there will never be any competition.
Seems like the market is a little smarter than them, and so am I.
i think specualtion of a stock split and earnings crush will drive this a lot higher by tuesday before close
If there is little competition, and high demand, why are net profit margins so dismal?