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20 Day Moving Average Support appears for SMTC after 1.25% move

Semtech Corporation (SMTC) — SwingTradeBot Technical Analysis Report · Oct 29, 2025, 17:50 ET
SMTC closed down 1.25% on Wednesday, October 29th, with volume running 0.9× below average. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 67.73, 65.89 & 63.5, with resistance at 71.95, 74.33 & 76.17. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.

Current SwingTradeBot Technical Rating of SMTC: B

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Semtech Corporation (SMTC)