Stock Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
Summit Therapeutics Inc. (NASDAQ:SMMT)
Bull Market Weakness (+75) - SMMT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SMMT as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for SMMT
The long-term trend has been UP since Feb 5th, 2020 at 1.7200
The intermediate-term trend has been UP since Apr 28th, 2021 at 6.6500
The short-term trend has been DOWN since May 4th, 2021 at 6.1211
Smart Scan Analysis for SMMT
Based on our trend formula, SMMT is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||15.9||Year High Date||2018-01-25|
|Year Low||1.205||Year Low Date||2018-11-26|
|52wk High||12.3007||52wk High Date||2021-02-08|
|52wk Low||2.9104||52wk Low Date||2020-07-01|
|Average Volume||98,754||Shares Outstanding||82,916|