SmileDirectClub Inc. (SDC) is a relatively new issue as we have less than 12 months of trading history and only two months of data on the 200-day moving average line. Despite this handicap let's check out a couple of charts in light of recent insider purchases.
In this daily bar chart of SDC, below, we can see that the shares declined from last September to March/April. Prices firmed into early May and have traded sideways through August. SDC recently rallied to a new high for the move up and above the neutral 50-day moving average line and the bottoming 200-day moving average line.
The On-Balance-Volume (OBV) line has moved sideways since May and even with the recent rally and increased trading volume the OBV line has not (yet) made a new high for the move up.
The Moving Average Convergence Divergence (MACD) oscillator is just below the zero but poised to cross to the upside for a potential buy signal.

