SUMMIT FINANCIAL GROUP INC (SMMF)

US86606G1013 - Common Stock

27.45  +0.04 (+0.15%)

After market: 27.45 0 (0%)

Technical Rating and Analysis

7

Taking everything into account, SMMF scores 7 out of 10 in our technical rating. In the last year, SMMF was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.

Warning: SMMF has an average volume of 23650 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
SMMF is part of the Banks industry. There are 412 other stocks in this industry. SMMF outperforms 87% of them.
SMMF is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SMMF is performing more or less in line with the market.
In the last month SMMF has a been trading in the 24.87 - 28.32 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, SMMF did better than 81% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Weekly and Daily overview Charts
SMMF Weekly chart
SMMF Daily chart
Setup Rating and Analysis

4

Although SMMF has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

24.43

31.00

2 important support areas can be observed.

  • A support zone ranging from 26.16 to 26.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 24.68 to 25.28. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 30.51 to 30.69. This zone is formed by a combination of multiple trend lines in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.44
Mansfield0.31
10 Day High28.32
10 Day Low24.87
20 Day High28.32
20 Day Low24.87
52 Week High31.49
52 Week Low17.06
Performance
1 Week0.92%
2 Weeks9.28%
1 Month1.07%
3 Month-6.06%
6 Month30.71%
12 Month41.28%
2 Year0.73%
3 Year5.37%
5 Year5.37%
10 Year159.7%
15 Year281.25%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.27
RSI(14)62.25
LBB24.03
UBB28.37
SMMF Daily chart

SUMMIT FINANCIAL GROUP INC

NASDAQ:SMMF (4/26/2024, 7:16:41 PM)

After market: 27.45 0 (0%)

27.45

+0.04 (+0.15%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.15%
1 Week0.92%
2 Weeks9.28%
1 Month1.07%
3 Month-6.06%
6 Month30.71%
12 Month41.28%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.67
ATR(20)%2.4%
ATR Inc
Range Today0.59
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High28.32
10 Day Low24.87
20 Day High28.32
20 Day Low24.87
52 Week High31.49
52 Week Low17.06
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume16.10K
Volume Incr-38.84%
Vol(5)18.94K
Vol(50)23.65K