Technical Analysis for SMM - Salient Midstream

Grade Last Price % Change Price Change
grade D 8.04 -0.99% -0.08
SMM closed down 0.99 percent on Tuesday, September 17, 2019, on 53 percent of normal volume. It was able to find support at its 50 day moving average. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Flat Up
See historical SMM trend table...

Date Alert Name Type % Chg
50 DMA Support Bullish 0.00%
Overbought Stochastic Strength 0.00%
Crossed Above 50 DMA Bullish -0.99%
MACD Bullish Centerline Cross Bullish -0.99%
Pocket Pivot Bullish Swing Setup -0.99%
Gapped Up Strength -0.99%
Overbought Stochastic Strength -0.99%
Upper Bollinger Band Touch Strength -0.99%
Weak + Overbought Other 0.63%
Overbought Stochastic Strength 0.63%

Older signals for SMM ...

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Profile
Salient Midstream & MLP Fund is a close ended equity mutual fund launched and managed by Salient Capital Advisors, LLC. The fund invests in the public equity markets of the United States. It invests in stocks of companies operating in the energy sector, including transporting, storing, gathering, processing, distributing, marketing and/or delivering natural gas, natural gas liquids, crude oil or refined products or coal. The fund primarily invests in midstream companies and master limited partnerships. It invests in stocks of large-cap, mid-cap, and small-cap companies. The fund benchmarks the performance of its portfolio against the Alerian MLP Index. Salient Midstream & MLP Fund was formed on October 27, 2011 and is domiciled in the United States.
Is SMM a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 2 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 10.56
52 Week Low 6.8
Average Volume 108,425
200-Day Moving Average 8.5344
50-Day Moving Average 8.0382
20-Day Moving Average 7.6605
10-Day Moving Average 7.862
Average True Range 0.1554
ADX 23.49
+DI 41.2287
-DI 28.3211
Chandelier Exit (Long, 3 ATRs ) 7.823799999999999
Chandelier Exit (Short, 3 ATRs ) 7.5862
Upper Bollinger Band 8.1788
Lower Bollinger Band 7.1422
Percent B (%b) 0.87
BandWidth 13.531754
MACD Line 0.0376
MACD Signal Line -0.0505
MACD Histogram 0.0881
Fundamentals Value
Market Cap 142.49 Million
Num Shares 17.7 Million
EPS 0.00
Price-to-Earnings (P/E) Ratio 0.00
Price-to-Sales 0.00
Price-to-Book 0.00
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.22
Resistance 3 (R3) 8.23 8.18 8.19
Resistance 2 (R2) 8.18 8.13 8.18 8.18
Resistance 1 (R1) 8.11 8.11 8.09 8.10 8.17
Pivot Point 8.06 8.06 8.05 8.06 8.06
Support 1 (S1) 7.99 8.01 7.97 7.98 7.91
Support 2 (S2) 7.94 7.99 7.94 7.90
Support 3 (S3) 7.87 7.94 7.89
Support 4 (S4) 7.86