Technical Analysis for SMMF - Summit Financial Group, Inc.

Grade Last Price % Change Price Change
B 25.70 -2.50% -0.66
SMMF closed down 2.5 percent on Thursday, May 2, 2024, on 9.58 times normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
Fell Below 50 DMA Bearish 0.00%
MACD Bearish Signal Line Cross Bearish 0.00%
Volume Surge Other 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
20 DMA Support Bullish -2.50%
50 DMA Support Bullish -2.50%
Down 3 Days in a Row Weakness -2.50%
NR7 Range Contraction -4.81%

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Profile

Summit Financial Group, Inc. Description

Summit Financial Group, Inc., a financial holding company of Summit Community Bank, provides banking and other financial services to individuals and businesses primarily in the Eastern Panhandle and South Central regions of West Virginia, and the Northern region of Virginia. It offers a range of community banking services, including demand, savings, and time deposits; commercial, commercial real estate, construction and development, residential real estate, and consumer loans; letters of credit; and cash management services. The company also operates as an insurance agency that provides commercial and personal lines of insurance products comprising group health, life, and disability benefit plans. As of December 31, 2012, it operated 15 banking offices. Summit Financial Group, Inc. was founded in 1987 and is headquartered in Moorefield, West Virginia.


Classification

Sector: Financial Services
Industry: Banks - Regional - US
Keywords: Banking Bank Insurance Products Cash Management Services Disability Residential Real Estate Community Banking Services Summit

Is SMMF a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 31.2255
52 Week Low 16.4695
Average Volume 29,025
200-Day Moving Average 24.95
50-Day Moving Average 26.15
20-Day Moving Average 26.22
10-Day Moving Average 27.00
Average True Range 0.69
RSI (14) 42.86
ADX 18.73
+DI 26.23
-DI 31.65
Chandelier Exit (Long, 3 ATRs) 26.25
Chandelier Exit (Short, 3 ATRs) 26.94
Upper Bollinger Bands 28.09
Lower Bollinger Band 24.34
Percent B (%b) 0.36
BandWidth 14.29
MACD Line 0.14
MACD Signal Line 0.16
MACD Histogram -0.0212
Fundamentals Value
Market Cap 377.37 Million
Num Shares 14.7 Million
EPS 3.81
Price-to-Earnings (P/E) Ratio 6.75
Price-to-Sales 2.43
Price-to-Book 0.93
PEG Ratio 1.49
Dividend 0.84
Dividend Yield 3.27%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 27.29
Resistance 3 (R3) 27.35 26.89 27.02
Resistance 2 (R2) 26.89 26.48 26.85 26.94
Resistance 1 (R1) 26.29 26.23 26.06 26.23 26.85
Pivot Point 25.83 25.83 25.71 25.80 25.83
Support 1 (S1) 25.23 25.42 25.00 25.17 24.55
Support 2 (S2) 24.77 25.17 24.74 24.46
Support 3 (S3) 24.18 24.77 24.38
Support 4 (S4) 24.11