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(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 2024-03-25 View latest technical analysis

10 day averaged volume of Summit Financial is 23340

Date Daily Closing Price Open High Low Volume
25 Mon Mar 2024 25.58 26.33 26.57 25.42 3.702 times
22 Fri Mar 2024 26.19 26.48 26.65 26.06 0.566 times
21 Thu Mar 2024 26.35 26.38 26.50 26.30 1.105 times
20 Wed Mar 2024 26.22 25.22 26.22 25.22 1.067 times
19 Tue Mar 2024 25.28 25.54 25.82 25.28 0.72 times
18 Mon Mar 2024 25.28 25.25 25.75 25.25 1.003 times
15 Fri Mar 2024 25.37 25.31 25.82 25.31 3.111 times
14 Thu Mar 2024 25.31 25.81 26.21 25.28 1.02 times
13 Wed Mar 2024 26.19 26.51 26.55 26.09 0.497 times
12 Tue Mar 2024 26.44 26.66 26.66 26.43 0.578 times

Stock of Summit Financial (SMMF) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 25.7, but if it comes above 25.7, then a intra day buy could be more profitable.
If you take a sell trade below 25.7, then use 25.7 as stoploss and 25 as target. However if you take a buy trade in stock , then use 25.7 as stoploss and 26.24 as target.

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 27.20
Upside Target 27.44
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 25.14
Downside Intraday Target 24.71
Upside Intraday Target 26.29
Upside Intraday Target 27.01
Upside Intraday Target 25.86

Weekly technical analysis of Summit Financial (SMMF)

Date Weekly Closing Price Open High Low Volume
25 Mon Mar 2024 25.58 26.33 26.57 25.42 0.83 times
22 Fri Mar 2024 26.19 25.25 26.65 25.22 0.805 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

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
25 Mon Mar 2024 25.58 27.20 27.44 25.22 0.904 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 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 Financial ( (SMMF) ) 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 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 Strong 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 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 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 but buying is losing 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 25.67 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 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 Financial ( (SMMF) ) 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 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 Strong 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 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 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 but buying is losing 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 25.67 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.

Daily charts

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