(SMLP) Summit Midstream complete technical analysis [charts+indicators] | Buy/Sell Summit Midstream | (SMLP) share price targets
Complete technical analysis of Summit Midstream (SMLP) by charts plus indicators, forecast predictions and share price targets for Summit Midstream (SMLP)
Summit Midstream trades in USA in Public Utilities sector.
Showing technical analysis as on 2024-03-19 View latest technical analysis
10 day averaged volume of Summit Midstream is 43250
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Tue Mar 2024 | 18.12 | 17.75 | 18.89 | 17.26 | 0.416 times |
| 18 Mon Mar 2024 | 17.75 | 19.07 | 19.07 | 17.50 | 2.49 times |
| 15 Fri Mar 2024 | 18.45 | 19.99 | 20.42 | 18.26 | 2.888 times |
| 14 Thu Mar 2024 | 20.35 | 20.22 | 20.60 | 20.22 | 0.266 times |
| 13 Wed Mar 2024 | 20.43 | 20.50 | 20.96 | 20.21 | 0.166 times |
| 12 Tue Mar 2024 | 20.63 | 20.48 | 20.83 | 19.91 | 0.791 times |
| 11 Mon Mar 2024 | 20.65 | 21.00 | 21.00 | 20.60 | 0.714 times |
| 08 Fri Mar 2024 | 20.88 | 20.71 | 20.88 | 20.53 | 0.118 times |
| 07 Thu Mar 2024 | 20.70 | 20.37 | 20.93 | 20.37 | 0.194 times |
| 06 Wed Mar 2024 | 20.69 | 19.28 | 20.72 | 19.24 | 0.936 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 18.3, but if it comes above 18.3, then a intra day buy could be more profitable.
If you take a sell trade below 18.3, then use 18.3 as stoploss and 17 as target. However if you take a buy trade in stock , then use 18.3 as stoploss and 19.44 as target.
Share price targets for Summit Midstream (SMLP)
| Target Type | Value |
| Downside Target | 15.56 |
| Downside Target | 15.93 |
| Downside Target | 17.03 |
| Downside Target | 18.07 |
| Upside Target | 19.48 |
| Upside Target | 20.14 |
| Upside Target | 20.93 |
| Upside Target | 20.99 |
| Upside Target | 21.00 |
| Upside Target | 21.40 |
Intraday share price targets for Summit Midstream (SMLP)
| Target Type | Value |
| Downside Intraday Target | 17.23 |
| Downside Intraday Target | 16.34 |
| Upside Intraday Target | 19.04 |
| Upside Intraday Target | 19.96 |
| Upside Intraday Target | 18.15 |
Weekly technical analysis of Summit Midstream (SMLP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Tue Mar 2024 | 18.12 | 19.07 | 19.07 | 17.26 | 0.602 times |
| 15 Fri Mar 2024 | 18.45 | 21.00 | 21.00 | 18.26 | 1.281 times |
| 08 Fri Mar 2024 | 20.88 | 19.27 | 20.93 | 18.89 | 0.627 times |
| 01 Fri Mar 2024 | 19.49 | 19.00 | 20.14 | 18.55 | 2.38 times |
| 23 Fri Feb 2024 | 19.34 | 17.26 | 19.48 | 17.03 | 1.083 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Summit Midstream (SMLP)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 19 Tue Mar 2024 | 18.12 | 19.05 | 21.00 | 17.26 | 0.958 times |
| 29 Thu Feb 2024 | 19.55 | 16.15 | 20.14 | 15.56 | 1.42 times |
| 31 Wed Jan 2024 | 16.23 | 18.20 | 18.44 | 15.93 | 0.694 times |
| 29 Fri Dec 2023 | 17.91 | 19.77 | 20.99 | 17.15 | 1.889 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Summit Midstream (SMLP)
Price action analysis of Summit Midstream ( (SMLP) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Summit Midstream ( (SMLP) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Summit Midstream ( (SMLP) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Summit Midstream ( (SMLP) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Summit Midstream stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Summit Midstream in short term but the sell signal is initial and weak.
Summit Midstream Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Summit Midstream in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Summit Midstream is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 19.01 and Summit Midstream (SMLP) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Summit Midstream (SMLP) stock. Volume based technical analysis of Summit Midstream (SMLP) stock is negative.
Summit Midstream Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Summit Midstream ( (SMLP) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Summit Midstream ( (SMLP) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Summit Midstream ( (SMLP) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Summit Midstream ( (SMLP) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Summit Midstream stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Summit Midstream in short term but the sell signal is initial and weak.
Summit Midstream Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Summit Midstream in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Summit Midstream is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 19.01 and Summit Midstream (SMLP) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Summit Midstream (SMLP) stock. Volume based technical analysis of Summit Midstream (SMLP) stock is negative.
Summit Midstream Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.