NuScale Power (SMR) Monthly Technical Analysis
NuScale Power Corporation
Develops small modular nuclear reactors (SMRs) aimed at scalable, low-carbon nuclear power generation.
SMR Technical Analysis Summary
NuScale Power Corporation (SMR) is experiencing a severe secular correction after completely unwinding its 2024 parabolic move toward $57.50. With the monthly close now decisively below both the 20-month and 50-month moving averages, structural momentum firmly favors sellers. The stock is at high risk of testing its primary historical base in the $1.80–$3.50 zone unless it can quickly reclaim the $14.00–$15.00 breakdown region.
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SMR Monthly Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Price is in an aggressive multi-month downtrend, trading significantly below both the 20-month SMA (20.49) and 50-month SMA (14.21) on sustained elevated volume.
Long-term Sentiment (weeks to months): Bearish
The complete round-trip retracement of the 2024 parabolic advance and decisive breakdown below the 50-month moving average confirms a severe secular macro downtrend.
Report Metadata
- Timeframe: monthly
- Generated at: Nov 1, 2026
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $5.75 | $5.00 - $6.50 | Weak | Current price consolidation area just above the secular low baseline. |
| $2.65 | $1.80 - $3.50 | Strong | Historical all-time base and cyclical low formed in late 2023 and early 2024 prior to the secular breakout. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $14.25 | $13.50 - $15.00 | Moderate | Confluence of the 50-month simple moving average and prior intermediate structural support. |
| $21.25 | $20.00 - $22.50 | Strong | 20-month simple moving average (Bollinger baseline) and former major multi-month support shelf. |
| $53.75 | $50.00 - $57.50 | Strong | All-time secular high and blow-off top peak established in late 2024. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Blow-Off Top and Full Retracement | Bearish | $2.00 | A parabolic surge toward $57.50 followed by consecutive heavy monthly distribution candles that have retraced nearly the entire multi-year bull advance. |
Frequently Asked Questions about SMR
What is the current sentiment for SMR?
The short-term sentiment for SMR is currently Bearish because Price is in an aggressive multi-month downtrend, trading significantly below both the 20-month SMA (20.49) and 50-month SMA (14.21) on sustained elevated volume. 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 $5.75 and $2.65. 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 66/100. It is not 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.