(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.
10 day averaged volume of Summit Midstream is 33090
|Date||Daily Closing Price||Open||High||Low||Volume|
|15 Thu Apr 2021||22.02||22.19||22.62||21.50||1.587 times|
|14 Wed Apr 2021||22.14||20.73||22.21||20.65||1.333 times|
|13 Tue Apr 2021||20.85||20.90||21.17||20.41||0.617 times|
|12 Mon Apr 2021||20.90||20.97||21.93||20.10||1.605 times|
|09 Fri Apr 2021||21.00||21.79||21.83||20.76||0.74 times|
|08 Thu Apr 2021||21.75||22.00||22.99||21.75||1.021 times|
|07 Wed Apr 2021||21.90||23.11||23.11||21.85||0.375 times|
|06 Tue Apr 2021||22.47||22.68||24.39||22.47||1.136 times|
|05 Mon Apr 2021||22.90||23.57||23.94||22.60||0.662 times|
|01 Thu Apr 2021||23.65||23.80||24.09||23.58||1.354 times|
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 21.6 as stoploss in an intra day buy trade for a target of 23.53. However, stock will show a bearish move below 21.6.
Share price targets for Summit Midstream (SMLP)
Intraday share price targets for Summit Midstream (SMLP)
|Downside Intraday Target||20.54|
|Downside Intraday Target||19.06|
|Upside Intraday Target||23.06|
|Upside Intraday Target||24.1|
|Downside Intraday Target||21.58|
Weekly technical analysis of Summit Midstream (SMLP)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|15 Thu Apr 2021||22.02||20.97||22.62||20.10||1.306 times|
|09 Fri Apr 2021||21.00||23.57||24.39||20.76||0.653 times|
|01 Thu Apr 2021||23.65||24.54||26.03||23.31||0.825 times|
|26 Fri Mar 2021||24.48||26.99||26.99||23.81||0.435 times|
|19 Fri Mar 2021||26.67||29.30||29.61||26.32||1.264 times|
Price has moved up 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|
|15 Thu Apr 2021||22.02||23.80||24.39||20.10||0.167 times|
|31 Wed Mar 2021||23.57||20.41||29.70||20.40||1.381 times|
|26 Fri Feb 2021||20.37||15.41||23.29||14.90||0.628 times|
|29 Fri Jan 2021||15.55||12.51||19.29||12.40||1.694 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)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||18, 23, 12||Sell|
Price action analysis of Summit Midstream ( (SMLP) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Summit Midstream stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Summit Midstream in short term and the sell signal is strong.
Summit Midstream Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Summit Midstream in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Summit Midstream is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.01 and Summit Midstream (SMLP) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.