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Stock Trend Analysis Report

Prepared for you on Sunday, April 21, 2024.

Summit Midstream Partners, LP Common Units Representing Limited Partner Interests (NYSE:SMLP)

Sidelines Mode (+55) - SMLP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

NYSE_SMLP
Open High Low SMLP Price Change
27.7300 28.3609 27.7300 27.7400 -0.0700
Entry Signal

MarketClub’s Trade Triangles for SMLP

long term up The long-term trend has been UP since Mar 11th, 2024 at 20.990

intermediate term up The intermediate-term trend has been UP since Mar 22nd, 2024 at 21.000

short term down The short-term trend has been DOWN since Apr 18th, 2024 at 27.705

Smart Scan Analysis for SMLP

Based on our trend formula, SMLP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SMLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.7300 28.3609 27.7300 27.7400 -0.0700
Prev. Close Volume Bid Ask Time
27.7600 22671 2024-04-19 14:45:40
Year High22.95Year High Date2018-01-16
Year Low11.75Year Low Date2018-11-28
52wk High29.1852wk High Date2024-04-01
52wk Low1352wk Low Date2023-09-21
Year End Close19.83Average Volume101,855
Shares Outstanding20,792Short Interest73,522
% Institutional14Market Cap429M
Assets249,419,800MLiabilities165,098,300M
P/E Ratio-4.59410000Volatility53.13
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