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Stock Trend Analysis Report
Prepared for you on Friday, March 24, 2023.
Summit Midstream Partners, LP Common Units Representing Limited Partner Interests (NYSE:SMLP)
Strong Downtrend (-100) - SMLP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SMLP continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SMLP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SMLP.
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 SMLP
The long-term trend has been DOWN since Feb 23rd, 2023 at 15.5388
The intermediate-term trend has been DOWN since Mar 23rd, 2023 at 15.6300
The short-term trend has been DOWN since Mar 23rd, 2023 at 15.7500
Smart Scan Analysis for SMLP
Based on our trend formula, SMLP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 15.7900 | 16.1555 | 15.6200 | 15.6200 | -0.2700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 15.6200 | 10744 | 2023-03-23 15:59:52 |
| Year High | 22.95 | Year High Date | 2018-01-16 |
| Year Low | 11.75 | Year Low Date | 2018-11-28 |
| 52wk High | 21.49 | 52wk High Date | 2022-11-16 |
| 52wk Low | 11.52 | 52wk Low Date | 2022-07-01 |
| Year End Close | 19.83 | Average Volume | 31,277 |
| Shares Outstanding | 11,674 | Short Interest | 73,522 |
| % Institutional | 14 | Market Cap | 429M |
| Assets | 255,996,400M | Liabilities | 167,656,200M |
| P/E Ratio | 0.4561 | Volatility | 53.13 |