SUMMIT MIDSTREAM CORP (SMC) Stock Technical Analysis
NYSE:SMC - New York Stock Exchange, Inc. - US86614G1013 - Common Stock - Currency: USD
Taking everything into account, SMC scores 7 out of 10 in our technical rating. Although SMC is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, SMC is a bad performer in the overall market: 100% of all stocks are doing better.
SMC is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 91% of 211 stocks in the same industry do better.
The long and short term trends are both positive. This is looking good!
SMC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Although SMC has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Prices have been consolidating lately.
More info and screens
33.27
44.65
When analyzing the support we can see 4 important areas.
- A support zone ranging from 43.01 to 43.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 36.67 to 36.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @35.02 from a horizontal line in the daily time frame.
- Support @33.61 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 43.79 to 44.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High45.89
10 Day Low42.29
20 Day High45.89
20 Day Low38.97
52 Week HighN/A
52 Week LowN/A
Performance
1 Week-4.09%
2 Weeks-0.98%
1 Month2.31%
3 Month16.09%
6 Month17.41%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.07
RSI(14)55.19
LBB41.56
UBB45.96
43.36
-1.76 (-3.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-3.9%
1 Week-4.09%
2 Weeks-0.98%
1 Month2.31%
3 Month16.09%
6 Month17.41%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.61
ATR(20)%3.86%
ATR Inc37.04%
Range Today1.87
ADR(20)1.66
ADR(20)%3.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High45.89
10 Day Low42.29
20 Day High45.89
20 Day Low38.97
52 Week HighN/A
52 Week LowN/A
CS1 End43.35
CR1 Start43.79
Volume & EV
DER(3)-0.78%
DER(5)-1.81%
Volume84.80K
Volume Incr-9.84%
Vol(5)73.00K
Vol(50)77.82K