Smartsheet had a nice pop today and is currently up 3.06% we'll see if the cash keeps flowing in.
Currently SMAR isn't at a clear support/resistance line that seems tradable. SMAR hasn't established a very clear directional momentum over the last few months. So it's not clear exactly where it's going. SMAR might find some support at the 44.4 level, buyers might push the price back up from here. But it's not very clear what will happen.
The analysts feel fairly neutral on the prospects for Smartsheet but a little more positive than negative. The current Analysts Sentiment Score is 43.24. Most companies range between (-200 to 200).
Here's a break down of the latest rating changes. Bank of America announced that they are initiating coverage with a rating of Underperform on 2024-02-26 and added a price target of $45.00. Citigroup upgraded from Neutral to Buy on 2024-01-11 and also increased their price target by 12.5% to $63.00. KeyCorp provided a price target boost of 1.92% to $53.00 from $52.00 on 2023-12-08. BMO Capital Markets provided a price target boost of 4% to $52.00 from $50.00 on 2023-12-08. Truist Financial decided to move up their price target on 2023-12-08 to $55.00 which is a 10% increase. On 2023-12-08 Canaccord Genuity Group increased their price target by 3.77% to $55.00. DA Davidson reiterated a rating of Buy on 2023-12-06. UBS Group initiated a rating of Buy on 2023-10-12 and provided a price target of $60.00. On 2023-10-03 Morgan Stanley reiterated their rating of Overweight and added a price target of $56.00. Royal Bank of Canada announced that they are reiterating a rating of Sector Perform on 2023-09-21 and added a price target of $43.00.
| Company | Ratings Score
?
Composite analyst sentiment score
|
Positive Ratings | Negative Ratings | Boost Price Target | Lower Price Target |
|---|---|---|---|---|---|
| SMAR | 43.24 | 89.34 | -56.57 | 55.05 | -1.34 |
| Company | YOY Growth Score (typical -20 to +20) | Revision Directions (-6 to +6) |
|---|---|---|
| SMAR | 0.00 | 0.00 |
We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.
| Company | Short Score (typical 1-15)
?
We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)
|
Short Interest | Days to Cover | Rate of Change | Shares Short |
|---|---|---|---|---|---|
| SMAR | 2.32 | %2.30889 | 2.3 | 0.99 | 3120000 |
Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.
| Ticker | Social Sentiment(1-10) |
|---|---|
| SMAR |
| Company | Score | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ESTC | Elastic N.V. | 1.67 | -0.60 | -5.25 | -8.57 | -22.60 | 17.32 | 50.53 | 23 | 12.64 | 44.03 | 70.04 | -4534.06 | -21955.99 | 0 | 150 | 6.35 |
| VRNS | Varonis Systems, Inc. | 1.58 | -1.02 | -4.81 | -11.55 | -3.80 | 28.54 | 70.56 | 39 | 235.39 | 146.05 | 187.64 | -2197.91 | 163.30 | 0 | 0 | 5.39701 |
| SHOP | Shopify Inc. Class A subo | 1.5 | 1.03 | -3.02 | -14.66 | -14.46 | 28.13 | 41.08 | 64 | 11.12 | 27.23 | 54.49 | -799.28 | -22227.02 | 0 | 0 | 2.43654 |
| HUBS | HUBSPOT, INC. | 1.35 | -0.06 | -7.12 | 1.25 | 7.19 | 35.14 | 52.73 | 56 | 115.93 | 31.23 | 54.22 | 169.46 | -31792.64 | 0 | 0 | 1.84177 |
| TWLO | Twilio Inc. | 1.34 | -0.73 | -4.22 | -5.12 | -20.41 | 1.05 | -2.31 | 52 | 0.16 | -0.51 | 4.83 | -12254.60 | -1476.92 | 0 | 0 | 2.45188 |
| DBX | Dropbox, Inc. Class A | 1.31 | -0.61 | -2.94 | -6.79 | -29.46 | -17.75 | 2.93 | 49 | -4.51 | -4.91 | 6.06 | -4474.40 | -2965.24 | 0 | 0 | 8.04963 |
| NTNX | Nutanix, Inc. Class A Com | 1.3 | -2.72 | -5.51 | -3.28 | 8.02 | 58.10 | 136.87 | 48 | 282.74 | 217.42 | 129.45 | -1225.00 | -54991.69 | 0 | 0 | 3.39704 |
| NOW | SERVICENOW, INC. | 1.29 | -1.12 | -4.52 | -4.05 | -2.25 | 29.55 | 54.72 | 53 | 101.52 | 68.25 | 126.62 | -469.37 | -43752.01 | 0 | 0 | 1.73847 |
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.
