(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 50350
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Fri May 2024 | 32.58 | 33.89 | 34.94 | 32.13 | 0.566 times |
| 09 Thu May 2024 | 34.39 | 34.22 | 34.88 | 33.89 | 0.324 times |
| 08 Wed May 2024 | 34.55 | 35.00 | 35.00 | 33.64 | 0.562 times |
| 07 Tue May 2024 | 35.00 | 34.99 | 35.12 | 34.31 | 1.799 times |
| 06 Mon May 2024 | 35.10 | 34.89 | 36.00 | 34.03 | 2.991 times |
| 03 Fri May 2024 | 34.02 | 28.25 | 35.89 | 28.25 | 2.632 times |
| 02 Thu May 2024 | 28.16 | 28.35 | 28.36 | 27.81 | 0.197 times |
| 01 Wed May 2024 | 27.78 | 28.55 | 28.56 | 27.73 | 0.449 times |
| 30 Tue Apr 2024 | 28.58 | 28.75 | 29.04 | 28.19 | 0.298 times |
| 29 Mon Apr 2024 | 28.91 | 28.71 | 29.19 | 28.71 | 0.203 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 32.8 as stoploss in an intra day sell trade for a target of 29.98. However, stock will show a bullish move above 32.8.
Share price targets for Summit Midstream (SMLP)
| Target Type | Value |
| Downside Target | 15.56 |
| Downside Target | 15.93 |
| Downside Target | 17.26 |
| Downside Target | 18.44 |
| Downside Target | 20.14 |
| Downside Target | 27.00 |
| Downside Target | 27.55 |
| Downside Target | 28.65 |
| Downside Target | 29.54 |
| Downside Target | 32.13 |
| Upside Target | 35.89 |
| Upside Target | 36.00 |
Intraday share price targets for Summit Midstream (SMLP)
| Target Type | Value |
| Downside Intraday Target | 31.14 |
| Downside Intraday Target | 29.7 |
| Upside Intraday Target | 35.01 |
| Upside Intraday Target | 37.44 |
| Upside Intraday Target | 33.57 |
Weekly technical analysis of Summit Midstream (SMLP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Fri May 2024 | 32.58 | 34.89 | 36.00 | 32.13 | 1.652 times |
| 03 Fri May 2024 | 34.02 | 28.71 | 35.89 | 27.73 | 1.132 times |
| 26 Fri Apr 2024 | 28.99 | 28.04 | 29.54 | 27.00 | 1.752 times |
| 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 |
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 Midstream (SMLP)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 10 Fri May 2024 | 32.58 | 28.55 | 36.00 | 27.73 | 0.638 times |
| 30 Tue Apr 2024 | 28.58 | 28.11 | 29.54 | 27.00 | 0.36 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 |
Scroll below to view daily charts
Price has moved up 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 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 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 Midstream ( (SMLP) ) 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 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 losing momentum.
MACD generated a BUY signal for Summit Midstream in short term and the buy signal is strong.
Summit Midstream Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 Midstream in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 33.82 and Summit Midstream (SMLP) 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 Midstream (SMLP) stock. Volume based technical analysis of Summit Midstream (SMLP) stock is negative.
Summit Midstream Stock is giving positive 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 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 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 Midstream ( (SMLP) ) 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 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 losing momentum.
MACD generated a BUY signal for Summit Midstream in short term and the buy signal is strong.
Summit Midstream Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 Midstream in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 33.82 and Summit Midstream (SMLP) 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 Midstream (SMLP) stock. Volume based technical analysis of Summit Midstream (SMLP) stock is negative.
Summit Midstream Stock is giving positive 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.