(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.
10 day averaged volume of Summit Financial is 22710
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Thu May 2024 | 25.70 | 26.40 | 26.42 | 25.36 | 12.246 times |
| 01 Wed May 2024 | 26.36 | 26.55 | 26.57 | 26.05 | 1.524 times |
| 30 Tue Apr 2024 | 26.47 | 27.04 | 27.08 | 26.41 | 0.978 times |
| 29 Mon Apr 2024 | 27.00 | 27.33 | 27.35 | 27.00 | 0.374 times |
| 26 Fri Apr 2024 | 27.45 | 28.02 | 28.02 | 27.43 | 0.709 times |
| 25 Thu Apr 2024 | 27.41 | 27.50 | 27.72 | 27.28 | 0.784 times |
| 24 Wed Apr 2024 | 27.72 | 27.05 | 27.72 | 26.83 | 0.995 times |
| 23 Tue Apr 2024 | 27.30 | 27.64 | 27.67 | 27.25 | 0.52 times |
| 22 Mon Apr 2024 | 27.35 | 27.16 | 28.32 | 27.02 | 1.162 times |
| 19 Fri Apr 2024 | 27.20 | 25.50 | 27.37 | 25.50 | 1.889 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 stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 25.3 as stoploss in an intra day buy trade for a target of 26.22. However, stock will show a bearish move below 25.3.
Share price targets for Summit Financial (SMMF)
| Target Type | Value |
| Downside Target | 24.87 |
| Upside Target | 26.49 |
| Upside Target | 27.16 |
| Upside Target | 27.35 |
| Upside Target | 27.37 |
| Upside Target | 27.44 |
| Upside Target | 27.63 |
| Upside Target | 28.32 |
| Upside Target | 29.00 |
| Upside Target | 31.14 |
Intraday share price targets for Summit Financial (SMMF)
| Target Type | Value |
| Downside Intraday Target | 24.92 |
| Downside Intraday Target | 24.15 |
| Upside Intraday Target | 26.91 |
| Upside Intraday Target | 28.13 |
| Upside Intraday Target | 26.14 |
Weekly technical analysis of Summit Financial (SMMF)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Thu May 2024 | 25.70 | 27.33 | 27.35 | 25.36 | 3.626 times |
| 26 Fri Apr 2024 | 27.45 | 27.16 | 28.32 | 26.83 | 0.795 times |
| 19 Fri Apr 2024 | 27.20 | 25.34 | 27.37 | 24.87 | 0.987 times |
| 12 Fri Apr 2024 | 25.12 | 26.14 | 26.49 | 25.08 | 0.919 times |
| 05 Fri Apr 2024 | 26.01 | 26.95 | 27.16 | 25.76 | 0.559 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Summit Financial (SMMF)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 02 Thu May 2024 | 25.70 | 26.55 | 26.57 | 25.36 | 0.63 times |
| 30 Tue Apr 2024 | 26.47 | 26.95 | 28.32 | 24.87 | 0.9 times |
| 28 Thu Mar 2024 | 27.16 | 27.20 | 27.44 | 25.22 | 1.238 times |
| 29 Thu Feb 2024 | 26.98 | 28.58 | 29.00 | 25.67 | 0.844 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 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 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 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 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 SELL signal for Summit Financial in short term but the sell 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 green color and prices are in or below the green 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 positive zone. This is a BUY zone
Stock of Summit Financial is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 26.29 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 is giving positive 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 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 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 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 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 SELL signal for Summit Financial in short term but the sell 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 green color and prices are in or below the green 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 positive zone. This is a BUY zone
Stock of Summit Financial is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 26.29 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 is giving positive 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.