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SMR

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BOTTOMING ATTEMPT
Support
$10.6
Resistance
$12.2
SMR NuScale Power Corporation daily candlestick chart with 50-day and 200-day moving averages, EMA crossovers, and RSI momentum indicator — bottoming attempt as of May 22, 2026
SMR Daily chart 2026-05-22 20:39:11 UTC
AI-generated analysis — not financial advice. For educational purposes only.

SMR Daily Technical Analysis Summary

As of May 22, 2026, SMR (NuScale Power Corporation) is in a bottoming attempt state on the daily chart, with a confidence level of 62%. Key support is at $10.6 and key resistance at $12.2. Price at ~$11.40 is basing after a long selloff, holding above recent lows while still below falling EMA50/EMA100; RSI ~48 suggests neutral/repairing momentum.

Price Scenarios & Targets

bullish

Base-building continues between ~$10.60–$12.20, then a breakout/reclaim of EMA50 leads to a grind toward the next moving-average cluster (mean reversion leg).

Price Target
$13.8
Path to target
First move
$12.2
Pullback
$11.4
Final target
$13.8

bearish

Failure of the base with a breakdown under recent pivot support triggers another liquidation leg (likely wave-5/continuation), probing lower fib extension levels before any durable reversal.

Price Target
$9.50
Path to target
First move
$10.6
Pullback
$11.6
Final target
$9.50

Key Triggers

Confirmation & Invalidation

✓ Confirmation

2+ daily closes back above EMA50 around ~$12.20 (ideally reclaiming SMA50 ~$11.45 and holding).

✗ Invalidation

Daily close below the swing-low support around ~$10.60.

Position Entry & Exit Levels

⊕ Add

Start $10.6 – $11.2
Add $9.50 – $10.6
Heavy $8.60 – $9.50

Start near the swing-low support; add on breakdown/flush into next demand; heavy add only on capitulation-style extension (better R:R) while trend MAs remain bearish.

⊖ Derisk

Trim 1 $13.8 – $14.7
Trim 2 $18.8 – $22.0
Close $23.0 – $32.0

Trim into mean-reversion toward SMA100/EMA100 first, then larger trims into EMA200/SMA200 overhead supply; fully exit only if a multi-year stretched move revisits prior major MA zone/structure.

Frequently Asked Questions

What is the daily technical outlook for SMR today?

As of May 22, 2026, SMR (NuScale Power Corporation) is in a bottoming attempt state on the daily chart with 62% confidence. Price at ~$11.40 is basing after a long selloff, holding above recent lows while still below falling EMA50/EMA100; RSI ~48 suggests neutral/repairing momentum.

What are the daily support and resistance levels for SMR?

On the daily timeframe, SMR has key support at $10.6 and key resistance at $12.2. The most likely scenario (bullish) targets $12.2 and $13.8, with a revert level at $11.4.

Is SMR in an uptrend or downtrend?

SMR (NuScale Power Corporation) is currently classified as bottoming attempt on the daily chart, with 62% confidence. Confirmation requires: 2+ daily closes back above EMA50 around ~$12.20 (ideally reclaiming SMA50 ~$11.45 and holding). This would be invalidated by: Daily close below the swing-low support around ~$10.60.

What are the price targets for SMR?

The most likely scenario (bullish) targets $12.2 and $13.8, with a revert level at $11.4. The alternative scenario (bearish) targets $10.6 and $9.50.

Other Timeframes for SMR
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