Technical Analysis for SMMF - Summit Financial Group, Inc.

Grade Last Price % Change Price Change
grade B 21.1 -0.14% -0.03
SMMF closed down 0.14 percent on Friday, January 18, 2019, on 82 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. 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.

Earnings due: Jan 25

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

Date Alert Name Type % Chg
Jan 18 Shooting Star Candlestick Bearish 0.00%
Jan 18 Narrow Range Bar Range Contraction 0.00%
Jan 18 NR7 Range Contraction 0.00%
Jan 18 Upper Bollinger Band Walk Strength 0.00%
Jan 18 Overbought Stochastic Strength 0.00%
Jan 18 Upper Bollinger Band Touch Strength 0.00%
Jan 17 Pocket Pivot Bullish Swing Setup -0.14%
Jan 17 Overbought Stochastic Strength -0.14%
Jan 17 Up 3 Days in a Row Strength -0.14%
Jan 17 Upper Bollinger Band Touch Strength -0.14%

Older signals for SMMF ...

Free Daily (Stock) Chart Reading

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
Configure default chart indicators
Basic chart:
Profile
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.
Is SMMF a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 2 bullish, 1 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 28.0
52 Week Low 17.94
Average Volume 13,311
200-Day Moving Average 23.9157
50-Day Moving Average 20.2466
20-Day Moving Average 19.8025
10-Day Moving Average 20.39
Average True Range 0.6867
ADX 12.78
+DI 26.0471
-DI 17.3138
Chandelier Exit (Long, 3 ATRs ) 19.3099
Chandelier Exit (Short, 3 ATRs ) 20.0001
Upper Bollinger Band 21.354
Lower Bollinger Band 18.251
Percent B (%b) 0.92
BandWidth 15.669739
MACD Line 0.1767
MACD Signal Line -0.0181
MACD Histogram 0.1948
Fundamentals Value
Market Cap 262.19 Million
Num Shares 12.4 Million
EPS 1.13
Price-to-Earnings (P/E) Ratio 18.67
Price-to-Sales 4.86
Price-to-Book 1.71
PEG Ratio 1.45
Dividend 0.44
Dividend Yield 2.09%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 21.57
Resistance 3 (R3) 21.60 21.49 21.49
Resistance 2 (R2) 21.49 21.37 21.47 21.46
Resistance 1 (R1) 21.29 21.30 21.24 21.26 21.44
Pivot Point 21.18 21.18 21.15 21.16 21.18
Support 1 (S1) 20.98 21.06 20.93 20.95 20.76
Support 2 (S2) 20.87 20.99 20.85 20.74
Support 3 (S3) 20.67 20.87 20.71
Support 4 (S4) 20.64