Stock Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
Summit Midstream Partners, LP Common Units Representing Limited Partner Interests (NYSE:SMLP)
Crossroads (-60) - SMLP is struggling to move into a solid trend. Beware of choppy markets 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.
MarketClub’s Trade Triangles for SMLP
The long-term trend has been UP since Nov 10th, 2020 at 1.0451
The intermediate-term trend has been DOWN since Oct 21st, 2021 at 34.3200
The short-term trend has been DOWN since Oct 18th, 2021 at 36.2100
Smart Scan Analysis for SMLP
Based on our trend formula, SMLP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||22.95||Year High Date||2018-01-16|
|Year Low||11.75||Year Low Date||2018-11-28|
|52wk High||46.64||52wk High Date||2021-07-14|
|52wk Low||9.63||52wk Low Date||2020-11-02|
|Year End Close||19.83||Average Volume||45,913|
|Shares Outstanding||8,236||Short Interest||73,522|
|% Institutional||14||Market Cap||429M|