SMCI: Rebound Holds Above $51
$SUPER MICRO COMPUTER INC(SMCI)$
$51.96 (+3.16%): AI hardware rebound steadies near $52; momentum neutralizing into earnings
Market Recap (as of Oct 31, 2025):
Super Micro Computer Inc. (SMCI) closed +3.16% higher at $51.96, recovering modestly from early-week softness.
Intraday range $50.80–$52.99 on volume ~19.8M (vs 30.6M avg) signals cautious accumulation ahead of next week’s earnings (Nov 4).
Broader AI-server sentiment improved, tracking $NVIDIA(NVDA)$ ’s and $Advanced Micro Devices(AMD)$ ’s late-session bounce.
The stock remains roughly 13% below October’s swing high near $59, stabilizing above its short-term moving averages.
Technical Indicators Analysis:
Momentum shows early signs of reacceleration. MACD (12,26,9) lines at 0.51 vs 0.98 remain slightly bearish but narrowing, while RSI(14) 51.7 reflects neutral bias—neither overbought nor oversold.
Price reclaimed both DEMA9 $51.33 and EMA9 $51.72, forming a micro-bullish crossover.
A confirmed breakout above $52.5 could open room toward $55–$56, while a close below $50.8 risks a slide to $48.5–$47.2. Volume confirmation will be key for follow-through next week.
Support: $48.5 Resistance: $53 / $58
Valuation and Target Range:
Current P/E (TTM) 30.93, above the S&P 500’s ~26x and SMCI’s 5-year median (~22x), pricing in growth optimism for AI rack and cooling solutions.
Market cap $30.9B; 52-week range $17.25–$66.44. 1-week baseline range $50–$55, with short-term upside bias if earnings momentum aligns with AI datacenter buildout narratives.
Consensus 1Y target $53.19 (Yahoo Finance).
Risk Statement:
SMCI’s volatility remains elevated due to AI hardware order visibility and sector rotation. Pre-earnings moves may amplify swings.
This commentary is a technical and market-data interpretation, not investment advice.
Data Source: Yahoo Finance & TradingView (as of Oct 31, 2025). Prepared by Tiger Morning Brief | Internal Use Only.
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