(SMMF) Summit Financial complete technical analysis [charts+indicators] | Buy/Sell Summit Financial | (SMMF) share price targets
Complete technical analysis of Summit Financial (SMMF) by charts plus indicators, forecast predictions and share price targets for Summit Financial (SMMF)
Summit Financial trades in USA in Finance sector.
Showing technical analysis as on 2024-03-12 View latest technical analysis
10 day averaged volume of Summit Financial is 13530
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Tue Mar 2024 | 26.44 | 26.66 | 26.66 | 26.43 | 0.998 times |
| 11 Mon Mar 2024 | 26.65 | 26.50 | 26.95 | 26.41 | 0.576 times |
| 08 Fri Mar 2024 | 26.55 | 26.97 | 27.44 | 26.39 | 1.426 times |
| 07 Thu Mar 2024 | 26.78 | 27.05 | 27.12 | 26.72 | 0.857 times |
| 06 Wed Mar 2024 | 26.80 | 27.01 | 27.13 | 26.50 | 1.153 times |
| 05 Tue Mar 2024 | 26.75 | 26.80 | 26.94 | 26.67 | 1.456 times |
| 04 Mon Mar 2024 | 26.55 | 26.86 | 26.87 | 26.55 | 0.65 times |
| 01 Fri Mar 2024 | 26.65 | 27.20 | 27.20 | 26.65 | 0.606 times |
| 29 Thu Feb 2024 | 26.98 | 26.74 | 27.15 | 26.67 | 0.902 times |
| 28 Wed Feb 2024 | 26.32 | 26.35 | 26.73 | 26.24 | 1.574 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 26.3 as stoploss in an intra day buy trade for a target of 26.71. However, stock will show a bearish move below 26.3.
Share price targets for Summit Financial (SMMF)
| Target Type | Value |
| Downside Target | 20.97 |
| Downside Target | 23.31 |
| Downside Target | 23.86 |
| Downside Target | 25.67 |
| Upside Target | 26.95 |
| Upside Target | 27.44 |
| Upside Target | 27.45 |
| Upside Target | 27.63 |
| Upside Target | 28.94 |
| Upside Target | 29.00 |
| Upside Target | 31.14 |
| Upside Target | 31.49 |
Intraday share price targets for Summit Financial (SMMF)
| Target Type | Value |
| Downside Intraday Target | 26.25 |
| Downside Intraday Target | 26.06 |
| Upside Intraday Target | 26.79 |
| Upside Intraday Target | 27.14 |
| Upside Intraday Target | 26.6 |
Weekly technical analysis of Summit Financial (SMMF)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Tue Mar 2024 | 26.44 | 26.50 | 26.95 | 26.41 | 0.284 times |
| 08 Fri Mar 2024 | 26.55 | 26.86 | 27.44 | 26.39 | 1.13 times |
| 01 Fri Mar 2024 | 26.65 | 26.37 | 27.20 | 26.15 | 1.236 times |
| 23 Fri Feb 2024 | 26.44 | 27.20 | 27.45 | 26.24 | 0.357 times |
| 16 Fri Feb 2024 | 27.44 | 27.27 | 28.94 | 25.67 | 1.117 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 Financial (SMMF)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 12 Tue Mar 2024 | 26.44 | 27.20 | 27.44 | 26.39 | 0.235 times |
| 29 Thu Feb 2024 | 26.98 | 28.58 | 29.00 | 25.67 | 0.844 times |
| 31 Wed Jan 2024 | 28.29 | 30.50 | 31.14 | 27.63 | 0.503 times |
| 29 Fri Dec 2023 | 30.69 | 23.32 | 31.49 | 23.31 | 1.174 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 Financial (SMMF)
Price action analysis of Summit Financial ( (SMMF) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Summit Financial ( (SMMF) ) 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 Financial ( (SMMF) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Summit Financial ( (SMMF) ) based on a mid to longer 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.
ADX buy sell signal for Summit Financial stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Summit Financial in short term but the buy signal is initial and weak.
Summit Financial 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Summit Financial in short term and SELL signal is strong!
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 Financial is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 26.63 and Summit Financial (SMMF) 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 Financial (SMMF) stock. Volume based technical analysis of Summit Financial (SMMF) stock is negative.
Summit Financial 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.
Price action analysis of Summit Financial ( (SMMF) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Summit Financial ( (SMMF) ) 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 Financial ( (SMMF) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Summit Financial ( (SMMF) ) based on a mid to longer 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.
ADX buy sell signal for Summit Financial stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Summit Financial in short term but the buy signal is initial and weak.
Summit Financial 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Summit Financial in short term and SELL signal is strong!
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 Financial is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 26.63 and Summit Financial (SMMF) 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 Financial (SMMF) stock. Volume based technical analysis of Summit Financial (SMMF) stock is negative.
Summit Financial 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.