(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 44180
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 35.00 | 34.99 | 35.12 | 34.31 | 2.051 times |
| 06 Mon May 2024 | 35.10 | 34.89 | 36.00 | 34.03 | 3.409 times |
| 03 Fri May 2024 | 34.02 | 28.25 | 35.89 | 28.25 | 2.999 times |
| 02 Thu May 2024 | 28.16 | 28.35 | 28.36 | 27.81 | 0.224 times |
| 01 Wed May 2024 | 27.78 | 28.55 | 28.56 | 27.73 | 0.512 times |
| 30 Tue Apr 2024 | 28.58 | 28.75 | 29.04 | 28.19 | 0.34 times |
| 29 Mon Apr 2024 | 28.91 | 28.71 | 29.19 | 28.71 | 0.231 times |
| 26 Fri Apr 2024 | 28.99 | 28.33 | 29.54 | 27.73 | 0.622 times |
| 25 Thu Apr 2024 | 28.02 | 27.51 | 28.23 | 27.20 | 0.876 times |
| 24 Wed Apr 2024 | 27.91 | 27.72 | 28.45 | 27.51 | 0.405 times |
Stock of Summit Midstream (SMLP) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 34.4, for a target of 31.5 or 29.13
Share price targets for Summit Midstream (SMLP)
| Target Type | Value |
| Downside Target | 15.56 |
| Downside Target | 15.93 |
| Downside Target | 17.26 |
| Downside Target | 18.44 |
| Downside Target | 20.14 |
| Downside Target | 27.00 |
| Downside Target | 27.55 |
| Downside Target | 28.65 |
| Downside Target | 29.54 |
| Downside Target | 34.03 |
| Upside Target | 35.89 |
| Upside Target | 36.00 |
Intraday share price targets for Summit Midstream (SMLP)
| Target Type | Value |
| Downside Intraday Target | 34.02 |
| Downside Intraday Target | 33.04 |
| Upside Intraday Target | 35.99 |
| Upside Intraday Target | 36.98 |
| Upside Intraday Target | 35.01 |
Weekly technical analysis of Summit Midstream (SMLP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 35.00 | 34.89 | 36.00 | 34.03 | 1.268 times |
| 03 Fri May 2024 | 34.02 | 28.71 | 35.89 | 27.73 | 1.132 times |
| 26 Fri Apr 2024 | 28.99 | 28.04 | 29.54 | 27.00 | 1.752 times |
| 19 Fri Apr 2024 | 27.76 | 28.39 | 28.65 | 27.60 | 0.473 times |
| 12 Fri Apr 2024 | 28.39 | 28.32 | 28.81 | 27.55 | 0.78 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 |
| 07 Tue May 2024 | 35.00 | 28.55 | 36.00 | 27.73 | 0.54 times |
| 30 Tue Apr 2024 | 28.58 | 28.11 | 29.54 | 27.00 | 0.36 times |
| 28 Thu Mar 2024 | 28.07 | 19.05 | 28.70 | 17.26 | 3.801 times |
| 29 Thu Feb 2024 | 19.55 | 16.15 | 20.14 | 15.56 | 1.42 times |
Scroll below to view daily charts
Price has moved up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Summit Midstream ( (SMLP) ) based on a short 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.
Price action analysis of Summit Midstream ( (SMLP) ) based on a short to mid 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.
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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Summit Midstream in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Summit Midstream Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Summit Midstream in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 32.93 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 rising upwards.
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 is giving positive 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Summit Midstream ( (SMLP) ) based on a short 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.
Price action analysis of Summit Midstream ( (SMLP) ) based on a short to mid 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.
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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Summit Midstream in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Summit Midstream Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Summit Midstream in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 32.93 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 rising upwards.
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 is giving positive 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.