Why is SMTC Down Today?

SMTC
$113.49
▼ -2.54% ($-2.88)
Last updated: Nov 11, 2026 2:00 PM ET

About Semtech Corp

Semtech Corp is engaged in designing, developing, manufacturing and marketing analog and mixed-signal semiconductors, algorithms and wireless semiconductors, connectivity modules, gateways, routers and connected services for IoT. The company operates in four reportable segments: Signal Integrity, An...

Sector: SEMICONDUCTORS & RELATED DEVICES
Market Cap: $6.22B
Forward P/E: 37.1
52-Week Range: $60.28 - $201.99
Employees: 1,838

Overall Confidence: 65%

65% Confident

Based on news, social sentiment, options activity, and sector analysis

SECTOR 65% Confidence
🎯 SEMICONDUCTORS & RELATED DEVICES sector moving together
This appears to be a sector-wide move. The SEMICONDUCTORS & RELATED DEVICES sector is down 1.7% on average.

✅ Move Confirmation

LOW VOLUME 0.8x average volume

UNCONFIRMED - Low volume suggests this move may not be sustainable.

📍 Sector Context

SEMICONDUCTORS & RELATED DEVICES sector: -1.7%

This appears to be a sector-wide move. Most SEMICONDUCTORS & RELATED DEVICES stocks are moving in the same direction.

Market Comparison

SMTC is significantly underperforming the market (-2.2% vs SPY)
S&P 500
SPY
-0.37%
Nasdaq 100
QQQ
-0.68%
SMTC
This Stock
-2.54%
vs S&P 500: -2.17%
vs Nasdaq: -1.86%

📊 What Happens Next?

Probability Analysis

45% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, SMTC is expected to trade between:
$110.09 - $115.76

Key Level to Watch

$107.82 support
Watch for breakdown below $113.49

🔔 Get SMTC Alerts

We'll notify you when SMTC's trend changes or a new signal fires.

Last updated: Nov 11, 2026 2:00 PM (-353 minutes ago)
Data refreshes every 30 minutes during market hours

Options Market Insight

Bullish
Options Sentiment
0.31
Put/Call Ratio
115.9%
Implied Volatility
Call Volume: 13,652
Put Volume: 4,298
Total: 17,950
Unusual Activity: $95 CALL (2,118 vol) $95 CALL (2,111 vol) $95 CALL (1,399 vol)

Historical Context

SMTC has moved more than 3.0% down on 57 occasions in the past year.

47.4%
Continuation Rate
27/57 times continued down
+0.36%
Avg Next Day Change
After similar down moves
Last similar move: Nov 05, 2026 (-17.5%) → Next day: +12.7%

Frequently Asked Questions

Why is SMTC stock down today?

This appears to be a sector-wide move. The SEMICONDUCTORS & RELATED DEVICES sector is down 1.7% on average.

Is SMTC stock a buy or sell right now?

Based on current analysis, SMTC shows 65% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the SMTC stock price target?

SMTC is currently trading at $113.49. Based on today's momentum, the expected short-term range is $110.09 - $115.76. See long-term price prediction →

Will SMTC stock continue falling?

Our analysis shows a 45% probability that SMTC's move continues in the next 1-3 days. Key level to watch: $107.82 (support).

Is SMTC stock oversold or overbought?

SMTC's RSI (Relative Strength Index) is currently at 40.4. This shows bearish momentum - the stock has negative momentum but isn't oversold yet.

What is the momentum for SMTC stock?

SMTC's 10-day momentum indicator is at -30.86. Strong bearish momentum - the stock is experiencing significant downward pressure. Watch for potential reversal signals.

Is SMTC outperforming or underperforming the market?

SMTC (-2.54%) is currently significantly underperforming the market (-2.2% vs SPY). Today, the S&P 500 (SPY) is down -0.37%, and Nasdaq (QQQ) is down -0.68%.

What does MACD indicate for SMTC?

SMTC's MACD (-13.85) is currently below the signal line (-11.76), indicating a bearish trend. This technical signal suggests selling pressure is dominant. The trend strength (ADX: 34.4) is strong.

Is SMTC in an uptrend or downtrend?

Based on moving average analysis, SMTC is in a bearish trend. The price ($113.49) is trading below both the 20-day SMA ($130.0) and 50-day SMA ($154.47). This alignment typically indicates sustained downward pressure.

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