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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Summit Therapeutics Inc. (NASDAQ:SMMT)
Long-Term Uptrend (+90) - SMMT is in a strong uptrend that is likely to continue. While SMMT is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SMMT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SMMT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SMMT
The long-term trend has been UP since Nov 6th, 2023 at 2.165
The intermediate-term trend has been UP since May 1st, 2024 at 4.180
The short-term trend has been UP since Apr 23rd, 2024 at 3.665
Smart Scan Analysis for SMMT
Based on our trend formula, SMMT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.290 | 5.390 | 4.940 | 4.955 | -0.355 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.310 | 2436277 | 2024-05-08 15:59:44 |
| Year High | 15.9 | Year High Date | 2018-01-25 |
| Year Low | 1.205 | Year Low Date | 2018-11-26 |
| 52wk High | 5.35 | 52wk High Date | 2024-05-07 |
| 52wk Low | 1.5 | 52wk Low Date | 2023-05-31 |
| Average Volume | 1,994,479 | Shares Outstanding | 701,697 |
| Market Cap | 30M | Assets | 202,949,000M |
| Liabilities | 125,257,000M | Volatility | 59.31 |