(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 2024-03-11 View latest technical analysis
10 day averaged volume of Summit Financial is 14140
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Mon Mar 2024 | 26.65 | 26.50 | 26.95 | 26.41 | 0.552 times |
| 08 Fri Mar 2024 | 26.55 | 26.97 | 27.44 | 26.39 | 1.365 times |
| 07 Thu Mar 2024 | 26.78 | 27.05 | 27.12 | 26.72 | 0.82 times |
| 06 Wed Mar 2024 | 26.80 | 27.01 | 27.13 | 26.50 | 1.103 times |
| 05 Tue Mar 2024 | 26.75 | 26.80 | 26.94 | 26.67 | 1.393 times |
| 04 Mon Mar 2024 | 26.55 | 26.86 | 26.87 | 26.55 | 0.622 times |
| 01 Fri Mar 2024 | 26.65 | 27.20 | 27.20 | 26.65 | 0.58 times |
| 29 Thu Feb 2024 | 26.98 | 26.74 | 27.15 | 26.67 | 0.863 times |
| 28 Wed Feb 2024 | 26.32 | 26.35 | 26.73 | 26.24 | 1.506 times |
| 27 Tue Feb 2024 | 26.60 | 26.55 | 26.77 | 26.36 | 0.764 times |
My analysis of stock is bearish for shortterm, and stock might move down till 26.2 or till 25.5. Use a stoploss of 26.81 and if the stock hits stoploss, then it can shoot up till 27.4
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 | 26.39 |
| Downside Intraday Target | 26.13 |
| Upside Intraday Target | 26.93 |
| Upside Intraday Target | 27.21 |
| Upside Intraday Target | 26.67 |
Weekly technical analysis of Summit Financial (SMMF)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Mon Mar 2024 | 26.65 | 26.50 | 26.95 | 26.41 | 0.104 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 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 |
| 11 Mon Mar 2024 | 26.65 | 27.20 | 27.44 | 26.39 | 0.204 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 moving up
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 26.65 and Summit Financial (SMMF) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 moving up
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 26.65 and Summit Financial (SMMF) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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.