(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 2024-03-20 View latest technical analysis
10 day averaged volume of Summit Financial is 21600
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 26.22 | 25.22 | 26.22 | 25.22 | 1.153 times |
| 19 Tue Mar 2024 | 25.28 | 25.54 | 25.82 | 25.28 | 0.778 times |
| 18 Mon Mar 2024 | 25.28 | 25.25 | 25.75 | 25.25 | 1.083 times |
| 15 Fri Mar 2024 | 25.37 | 25.31 | 25.82 | 25.31 | 3.361 times |
| 14 Thu Mar 2024 | 25.31 | 25.81 | 26.21 | 25.28 | 1.102 times |
| 13 Wed Mar 2024 | 26.19 | 26.51 | 26.55 | 26.09 | 0.537 times |
| 12 Tue Mar 2024 | 26.44 | 26.66 | 26.66 | 26.43 | 0.625 times |
| 11 Mon Mar 2024 | 26.65 | 26.50 | 26.95 | 26.41 | 0.361 times |
| 08 Fri Mar 2024 | 26.55 | 26.97 | 27.44 | 26.39 | 0.894 times |
| 07 Thu Mar 2024 | 26.78 | 27.05 | 27.12 | 26.72 | 0.537 times |
My analysis of stock is bearish for shortterm, and stock might move down till 25.8 or till 25.1. Use a stoploss of 26.29 and if the stock hits stoploss, then it can shoot up till 26.82
Share price targets for Summit Financial (SMMF)
| Target Type | Value |
| Downside Target | 20.97 |
| Downside Target | 23.31 |
| Downside Target | 23.86 |
| Downside Target | 25.22 |
| Upside Target | 26.95 |
| Upside Target | 27.44 |
| Upside Target | 27.45 |
| Upside Target | 27.63 |
| 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 | 25.55 |
| Downside Intraday Target | 24.89 |
| Upside Intraday Target | 26.55 |
| Upside Intraday Target | 26.89 |
| Downside Intraday Target | 25.89 |
Weekly technical analysis of Summit Financial (SMMF)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 26.22 | 25.25 | 26.22 | 25.22 | 0.503 times |
| 15 Fri Mar 2024 | 25.37 | 26.50 | 26.95 | 25.28 | 1.724 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 |
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 Financial (SMMF)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 26.22 | 27.20 | 27.44 | 25.22 | 0.623 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 losing momentum.
MACD generated a SELL signal for Summit Financial in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Summit Financial Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up
CCI has generated a buy signal for Summit Financial 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 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 25.77 and Summit Financial (SMMF) 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 losing momentum.
MACD generated a SELL signal for Summit Financial in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Summit Financial Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up
CCI has generated a buy signal for Summit Financial 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 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 25.77 and Summit Financial (SMMF) 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 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.