SMR Daily Technical Analysis
NuScale Power Corporation
Develops small modular nuclear reactors (SMRs) aimed at scalable, low-carbon nuclear power generation.
SMR Technical Analysis Summary
SMR is navigating a prolonged horizontal accumulation and basing phase between $7.50 and $13.50 following a severe multi-month downtrend. Although short-term momentum has improved above the 20-day and 50-day moving averages, strong overhead supply remains prominent at the falling 200-day SMA near $12.87. Long-term investors should await a decisive breakout above the 200-day moving average or look for evidence of durable price stability near the lower base boundary.
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SMR Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Neutral
Price recently tested and rejected off the falling 200-day SMA with long upper wicks, but remains supported above the rising 20-day (9.58) and 50-day (9.14) moving averages while RSI sits near 55.
Long-term Sentiment (weeks to months): Bearish
The broader trend remains down following a massive drop from the 50+ level, with the 50-day SMA still trading well beneath the downward-sloping 200-day SMA.
Report Metadata
- Timeframe: daily
- Generated at: 2026-09-10T20:22:59.944Z
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $9.37 | $9.14 - $9.60 | Moderate | Confluence of the 20-day SMA (9.58) and 50-day SMA (9.14), serving as near-term support. |
| $7.60 | $7.20 - $8.00 | Strong | Major multi-month base and range support established across swing lows in July and August. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $13.15 | $12.50 - $13.80 | Strong | Intersection of the downward-sloping 200-day SMA (12.87) and recent sharp rejection wicks. |
| $16.50 | $15.50 - $17.50 | Moderate | Previous horizontal consolidation shelf and swing highs from April and May. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Moderate | Horizontal Range / Base | Neutral | N/A | Price has been consolidating sideways within an extended bottoming channel roughly bounded by 7.50 at support and 13.50 at resistance since May. |
| Moderate | 200-Day SMA Rejection | Bearish | $9.50 | A sharp upward thrust was met with heavy selling volume and long upper wicks directly into the declining 200-day moving average. |
Frequently Asked Questions about SMR
What is the current sentiment for SMR?
The short-term sentiment for SMR is currently Neutral because Price recently tested and rejected off the falling 200-day SMA with long upper wicks, but remains supported above the rising 20-day (9.58) and 50-day (9.14) moving averages while RSI sits near 55.. The long-term trend is classified as Bearish.
What are the key support levels for SMR?
StockDips.AI has identified key support levels for SMR at $9.37 and $7.60. These levels may represent potential accumulation zones where buying interest could emerge.
Is SMR in a significant dip or a Value Dip right now?
SMR has a Value Score of 78/100. It is currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.