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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Summit Midstream Corporation (NYSE:SMC)
Bull Market Weakness (+75) - SMC is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SMC as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SMC?
MarketClub looks at technical strength and momentum to determine if the timing is right for SMC.
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 SMC
The long-term trend has been DOWN since Sep 26th, 2024 at 33.4501
The intermediate-term trend has been UP since Nov 7th, 2024 at 36.4500
The short-term trend has been UP since Nov 18th, 2024 at 35.9600
Smart Scan Analysis for SMC
Based on our trend formula, SMC is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 35.91 | 36.11 | 35.40 | 35.99 | -0.15 |
| Prev. Close | Volume | Bid | Ask | Time |
| 36.00 | 48505 | 2024-11-19 15:59:16 |
| 52wk High | 40.75 | 52wk High Date | 2024-08-01 |
| 52wk Low | 15.56 | 52wk Low Date | 2024-02-05 |
| Average Volume | 55,058 | Shares Outstanding | 10,649 |
| Assets | 199,916,600M | Liabilities | 121,627,200M |
| P/E Ratio | 5.7601 |