Smartsheet - no longer downtrend

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.
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