Stock Trend Analysis Report
Prepared for you on Thursday, September 28, 2023.
Summit Therapeutics Inc. (NASDAQ:SMMT)
Bear Market Rally (-75) - SMMT is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SMMT as it may be in the beginning 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 DOWN since Sep 5th, 2023 at 1.58
The intermediate-term trend has been DOWN since Jul 21st, 2023 at 2.02
The short-term trend has been DOWN since Sep 28th, 2023 at 1.81
Smart Scan Analysis for SMMT
Based on our trend formula, SMMT is rated as a -80 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||5.78||52wk High Date||2023-01-04|
|52wk Low||0.66||52wk Low Date||2022-12-02|
|Average Volume||973,617||Shares Outstanding||697,685|