Mobile app version of munafa.best
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(SMMF) Summit Financial complete technical analysis [charts+indicators] | Buy/Sell Summit Financial | (SMMF) share price targets

Complete technical analysis of Summit Financial (SMMF) by charts plus indicators, forecast predictions and share price targets for Summit Financial (SMMF)

Summit Financial trades in USA in Finance sector.

10 day averaged volume of Summit Financial is 33290

Date Daily Closing Price Open High Low Volume
27 Wed Mar 2024 25.78 25.70 25.87 25.50 1.445 times
26 Tue Mar 2024 25.59 25.75 25.86 25.59 1.033 times
25 Mon Mar 2024 25.58 26.33 26.57 25.42 2.595 times
22 Fri Mar 2024 26.19 26.48 26.65 26.06 0.397 times
21 Thu Mar 2024 26.35 26.38 26.50 26.30 0.775 times
20 Wed Mar 2024 26.22 25.22 26.22 25.22 0.748 times
19 Tue Mar 2024 25.28 25.54 25.82 25.28 0.505 times
18 Mon Mar 2024 25.28 25.25 25.75 25.25 0.703 times
15 Fri Mar 2024 25.37 25.31 25.82 25.31 2.181 times
14 Thu Mar 2024 25.31 25.81 26.21 25.28 0.715 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 25.6 as stoploss in an intra day buy trade for a target of 26.16. However, stock will show a bearish move below 25.6.

Share price targets for Summit Financial (SMMF)

Target Type Value
Downside Target 20.97
Downside Target 23.31
Downside Target 23.86
Downside Target 25.22
Upside Target 26.95
Upside Target 27.20
Upside Target 27.44
Upside Target 27.63
Upside Target 29.00
Upside Target 31.14
Upside Target 31.49

Intraday share price targets for Summit Financial (SMMF)

Target Type Value
Downside Intraday Target 25.28
Downside Intraday Target 24.77
Upside Intraday Target 26.43
Upside Intraday Target 27.07
Upside Intraday Target 25.92

Weekly technical analysis of Summit Financial (SMMF)

Date Weekly Closing Price Open High Low Volume
27 Wed Mar 2024 25.78 26.33 26.57 25.42 1.622 times
22 Fri Mar 2024 26.19 25.25 26.65 25.22 0.805 times
15 Fri Mar 2024 25.37 26.50 26.95 25.28 1.724 times
08 Fri Mar 2024 26.55 26.86 27.44 26.39 1.13 times
01 Fri Mar 2024 26.65 26.37 27.20 26.15 1.236 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Summit Financial (SMMF)

Date Monthly Closing Price Open High Low Volume
27 Wed Mar 2024 25.78 27.20 27.44 25.22 1.09 times
29 Thu Feb 2024 26.98 28.58 29.00 25.67 0.844 times
31 Wed Jan 2024 28.29 30.50 31.14 27.63 0.503 times
29 Fri Dec 2023 30.69 23.32 31.49 23.31 1.174 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Summit Financial (SMMF)

Price action analysis of Summit Financial ( (SMMF) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Summit Financial ( (SMMF) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Summit Financial ( (SMMF) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Summit Financial ( (SMMF) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Summit Financial stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Summit Financial in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Summit Financial Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Summit Financial in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Summit Financial is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 25.63 and Summit Financial (SMMF) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Summit Financial (SMMF) stock. Volume based technical analysis of Summit Financial (SMMF) stock is negative.

Summit Financial Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of Summit Financial ( (SMMF) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Summit Financial ( (SMMF) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Summit Financial ( (SMMF) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Summit Financial ( (SMMF) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Summit Financial stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Summit Financial in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Summit Financial Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Summit Financial in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Summit Financial is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 25.63 and Summit Financial (SMMF) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Summit Financial (SMMF) stock. Volume based technical analysis of Summit Financial (SMMF) stock is negative.

Summit Financial Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme