(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 29310
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Fri Apr 2024 | 27.76 | 27.73 | 28.36 | 27.70 | 0.911 times |
| 18 Thu Apr 2024 | 27.81 | 28.35 | 28.35 | 27.60 | 0.293 times |
| 17 Wed Apr 2024 | 28.23 | 28.10 | 28.65 | 28.00 | 0.938 times |
| 16 Tue Apr 2024 | 28.18 | 28.07 | 28.28 | 27.71 | 0.389 times |
| 15 Mon Apr 2024 | 28.24 | 28.39 | 28.64 | 28.14 | 0.74 times |
| 12 Fri Apr 2024 | 28.39 | 28.13 | 28.58 | 28.09 | 1.675 times |
| 11 Thu Apr 2024 | 28.37 | 27.57 | 28.77 | 27.57 | 1.3 times |
| 10 Wed Apr 2024 | 27.74 | 28.00 | 28.15 | 27.55 | 1.853 times |
| 09 Tue Apr 2024 | 28.28 | 28.40 | 28.81 | 28.08 | 1.433 times |
| 08 Mon Apr 2024 | 28.49 | 28.32 | 28.57 | 27.89 | 0.655 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 27.8, but if it comes above 27.8, then a intra day buy could be more profitable.
If you take a sell trade below 27.8, then use 27.8 as stoploss and 27.3 as target. However if you take a buy trade in stock , then use 27.8 as stoploss and 28.14 as target.
Share price targets for Summit Midstream (SMLP)
| Target Type | Value |
| Downside Target | 15.56 |
| Downside Target | 15.93 |
| Downside Target | 17.15 |
| Downside Target | 18.44 |
| Downside Target | 20.14 |
| Downside Target | 20.99 |
| Downside Target | 27.13 |
| Upside Target | 28.65 |
| Upside Target | 28.70 |
| Upside Target | 28.81 |
| Upside Target | 29.18 |
Intraday share price targets for Summit Midstream (SMLP)
| Target Type | Value |
| Downside Intraday Target | 27.36 |
| Downside Intraday Target | 26.95 |
| Upside Intraday Target | 28.41 |
| Upside Intraday Target | 29.05 |
| Upside Intraday Target | 28 |
Weekly technical analysis of Summit Midstream (SMLP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 05 Fri Apr 2024 | 28.32 | 28.11 | 29.18 | 27.13 | 0.47 times |
| 28 Thu Mar 2024 | 28.07 | 27.25 | 28.70 | 27.25 | 0.488 times |
| 22 Fri Mar 2024 | 27.00 | 19.07 | 27.25 | 17.26 | 5.426 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 Midstream (SMLP)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 19 Fri Apr 2024 | 27.76 | 28.11 | 29.18 | 27.13 | 0.268 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 |
| 31 Wed Jan 2024 | 16.23 | 18.20 | 18.44 | 15.93 | 0.694 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)
Price action analysis of Summit Midstream ( (SMLP) ) 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 Midstream ( (SMLP) ) 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 Midstream ( (SMLP) ) based on a short to mid 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 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 gaining momentum.
MACD generated a SELL signal for Summit Midstream in short term but the sell signal is initial and weak.
Summit Midstream 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 green color and prices are above the green 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 28.15 and Summit Midstream (SMLP) 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Summit Midstream ( (SMLP) ) 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 Midstream ( (SMLP) ) based on a short to mid 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 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 gaining momentum.
MACD generated a SELL signal for Summit Midstream in short term but the sell signal is initial and weak.
Summit Midstream 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 green color and prices are above the green 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 28.15 and Summit Midstream (SMLP) 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 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.