Auto-detected technical analysis for SMCI · data as of Aug 4, 2026. The chart above is live; the read below updates daily.
SMCI just broke higher out of a falling wedge — a brief, tidy pause inside a strong run. That's usually a breather before another push up.
On this chart, setups like it have followed through about 31% of the time.
As long as price stays above $23.38, the setup is intact — a daily close back below there is the cue to step away.
A natural first target sits near $33.60 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and only step aside when a day closes below it.
SMCI is currently forming a falling wedge on the daily timeframe. Detected Aug 4, 2026.
New to this pattern? What a falling wedge is and how to trade it →
Historical pattern statistics (2006-08-04 – 2026-08-03), not a prediction.
Every completed pattern trade our nightly backtest found on SMCI's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Triangle | Mar 18, 2026 @ $30.74 | Mar 20, 2026 @ $25.51 | Win | +3.11R |
| Bullish Pennant | Jun 16, 2025 @ $43.23 | Jul 22, 2025 @ $49.86 | Win | +1.59R |
| Triangle | May 13, 2025 @ $37.63 | May 23, 2025 @ $40.09 | Win | +0.35R |
| Falling Wedge | Apr 22, 2025 @ $31.03 | Jul 22, 2025 @ $49.86 | Win | +8.86R |
| Falling Wedge | Feb 5, 2025 @ $31.03 | Feb 25, 2025 @ $45.54 | Win | +2.73R |
| Falling Wedge | Jan 27, 2025 @ $29.29 | Feb 7, 2025 @ $36.28 | Loss | -1.23R |
| Triangle | Jul 18, 2024 @ $81.40 | Aug 2, 2024 @ $58.43 | Win | +1.54R |
| Triangle | Jul 8, 2024 @ $88.35 | Jul 24, 2024 @ $71.16 | Loss | -1.57R |
| Triangle | Jun 17, 2024 @ $87.06 | Jul 24, 2024 @ $71.16 | Loss | -1.35R |
| Triangle | Jun 10, 2024 @ $75.32 | Aug 28, 2024 @ $46.00 | Win | +1.34R |
| Triangle | Apr 19, 2024 @ $87.10 | Aug 5, 2024 @ $54.49 | Win | +2.18R |
| Triangle | Dec 18, 2023 @ $30.47 | Feb 21, 2024 @ $73.42 | Win | +8.04R |
Price found a floor near $24.15 about 2 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $100.29 — still about 216% away.
Nearest auto-detected support sits near $23.67, resistance near $48.63. These are chart/swing-derived levels, not formula pivots.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Aug 4, 2026 | $29.65 | $31.84 | $29.07 | $31.69 |
| Aug 3, 2026 | $28.00 | $28.93 | $27.44 | $28.64 |
| Jul 31, 2026 | $28.65 | $29.30 | $27.21 | $28.40 |
| Jul 30, 2026 | $26.84 | $28.17 | $26.65 | $27.73 |
| Jul 29, 2026 | $28.02 | $28.07 | $25.68 | $25.70 |
| Jul 28, 2026 | $28.64 | $28.87 | $27.13 | $28.45 |
| Jul 27, 2026 | $30.60 | $30.94 | $28.50 | $29.81 |
| Jul 24, 2026 | $30.62 | $31.33 | $29.28 | $30.10 |
| Jul 23, 2026 | $30.33 | $32.59 | $30.18 | $31.20 |
| Jul 22, 2026 | $28.89 | $32.28 | $28.50 | $30.56 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.