Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Summit Midstream Partners, LP Common Units Representing Limited Partner Interests (NYSE:SMLP)
Bull Market Weakness (+75) - SMLP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SMLP as it may be in the beginning stages of a reversal.
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 UP since Mar 11th, 2024 at 20.990
The intermediate-term trend has been UP since Mar 22nd, 2024 at 21.000
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 +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 28.440 | 28.350 | 27.600 | 27.965 | -0.265 |
| Prev. Close | Volume | Bid | Ask | Time |
| 27.810 | 7755 | 2024-04-18 15:57:57 |
| Year High | 22.95 | Year High Date | 2018-01-16 |
| Year Low | 11.75 | Year Low Date | 2018-11-28 |
| 52wk High | 29.18 | 52wk High Date | 2024-04-01 |
| 52wk Low | 13 | 52wk Low Date | 2023-09-21 |
| Year End Close | 19.83 | Average Volume | 103,717 |
| Shares Outstanding | 20,792 | Short Interest | 73,522 |
| % Institutional | 14 | Market Cap | 429M |
| Assets | 249,419,800M | Liabilities | 165,098,300M |
| P/E Ratio | -4.59410000 | Volatility | 53.13 |