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SMTC forms Pocket Pivot on October 31

Semtech Corporation (SMTC) — Nightly Technical Analysis · Oct 31, 2025, 17:50 ET
SMTC posted a 0.07% gain on Friday, October 31st, accompanied by 1.2× normal trading volume. Mixed technical signals appeared with Pocket Pivot suggesting upside potential, while 20 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 66.89, 65.91 & 64.75, with resistance at 69.03, 70.19 & 71.17.

Current SwingTradeBot Technical Rating of SMTC: C

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Semtech Corporation (SMTC)