AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF Price & Performance (SMIG)

The SMIG ETF is encountering resistance levels at $28.62 and $29.24, according to recent technical data. Analysts suggest shorting the stock near these points, with downside targets between $28.05 and $28.07. Investors are advised to establish stop losses to mitigate risks, as the stock shows weak near-term momentum.1

SMIG's technical data indicates a potential buy opportunity if the ETF surpasses the $29.8 resistance level. A successful break could lead to an upside target of $30.63. However, caution is advised with a stop loss at $29.71 to manage risk in case of adverse price movements.2

Technical analysis for SMIG reveals a mix of buy and sell signals, depending on resistance tests. Short positions are suggested near $30.63, while buying is recommended around $29.4. Traders are urged to monitor these levels carefully, as the ETF's long-term outlook remains strong despite short-term volatility.12