Technical Analysis for SMLP - Summit Midstream Partners, LP

Grade Last Price % Change Price Change
C 23.54 2.08% 0.48
SMLP closed up 2.08 percent on Friday, May 14, 2021, on 73 percent of normal volume. It ran into resistance at its 50 day moving average.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down
Historical SMLP trend table...

Date Alert Name Type % Chg
50 DMA Resistance Bearish 0.00%
MACD Bearish Signal Line Cross Bearish 0.00%
Crossed Above 20 DMA Bullish 0.00%
Inside Day Range Contraction 0.00%
50 DMA Resistance Bearish 2.08%
Fell Below 20 DMA Bearish 2.08%
Down 3 Days in a Row Weakness 2.08%
Fell Below 50 DMA Bearish -0.97%
20 DMA Support Bullish -0.97%
Narrow Range Bar Range Contraction -5.84%
Older End-of-Day Signals for SMLP ...

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Profile

Summit Midstream Partners, LP Description

Summit Midstream Partners, LP focuses on the ownership and operation of midstream energy infrastructure assets, primarily shale formations in North America. It offers natural gas gathering and compression services. The company operates in two unconventional resource basins, consisting of the Piceance Basin, which includes the Mesaverde formation, and the Mancos and Niobrara shale formations in western Colorado; and the Fort Worth Basin that comprises the Barnett Shale formation in north-central Texas. As of December 31, 2012, its gathering systems had approximately 399 miles of pipeline. The company serves natural gas producers. Summit Midstream GP, LLC operates as a general partner of the company. Summit Midstream Partners, LP was founded in 2009 and is headquartered in Dallas, Texas, with additional regional offices in Houston, Texas, Denver, Colorado, and Atlanta, Georgia.


Classification

Sector: Energy
Industry: Oil & Gas Midstream
Keywords: Energy Infrastructure Gas Gathering Natural Gas Gathering Summit Gas Producers Midstream Energy Natural Gas Producer Natural Gas Producers Compression Services Barnett Shale Piceance Basin Energy Infrastructure Assets Bend Arch–Fort Worth Basin Fort Worth Basin

Is SMLP 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 33.75
52 Week Low 8.85
Average Volume 49,442
200-Day Moving Average 16.52
50-Day Moving Average 23.94
20-Day Moving Average 23.42
10-Day Moving Average 24.41
Average True Range 1.55
ADX 15.01
+DI 21.30
-DI 25.68
Chandelier Exit (Long, 3 ATRs ) 23.31
Chandelier Exit (Short, 3 ATRs ) 25.08
Upper Bollinger Band 26.56
Lower Bollinger Band 20.29
Percent B (%b) 0.52
BandWidth 26.75
MACD Line 0.38
MACD Signal Line 0.40
MACD Histogram -0.0198
Fundamentals Value
Market Cap 88.86 Million
Num Shares 3.77 Million
EPS 0.39
Price-to-Earnings (P/E) Ratio 61.14
Price-to-Sales 0.22
Price-to-Book 0.07
PEG Ratio 20.05
Dividend 0.50
Dividend Yield 2.12%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 24.83
Resistance 3 (R3) 24.84 24.42 24.62
Resistance 2 (R2) 24.42 24.09 24.42 24.55
Resistance 1 (R1) 23.98 23.89 23.77 23.97 24.47
Pivot Point 23.56 23.56 23.45 23.55 23.56
Support 1 (S1) 23.12 23.23 22.91 23.11 22.61
Support 2 (S2) 22.70 23.03 22.69 22.53
Support 3 (S3) 22.26 22.70 22.46
Support 4 (S4) 22.25