Summer Infant Inc (SUMR) Technical Analysis
NASDAQ:SUMR • US8656463010
Current stock price
SUMR Technical Rating and Analysis
Overall SUMR gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SUMR is showing a nice and steady performance.
- Warning: SUMR has an average volume of 11140 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- SUMR is part of the Personal Care Products industry. There are 37 other stocks in this industry. SUMR outperforms 91% of them.
- In the last month SUMR has a been trading in the 10.60 - 12.00 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that SUMR is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- SUMR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SUMR is lagging the market.
- Volume is considerably higher in the last couple of days.
SUMR Weekly and Daily overview Charts
SUMR Setup Rating and Analysis
Besides having an excellent technical rating, SUMR also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 12.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.77, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
SUMR Support and Resistance Analysis
7.96
We found 3 important support areas.
- A support zone ranging from 11.33 to 11.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.99 from a horizontal line in the daily time frame.
- Support @8.04 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 12.00 to 12.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
SUMR Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for SUMR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SUMR is up. |
| ChartMill Relative Strength | 83.81 | POSITIVE | SUMR has a high relative strength, it outperformed 83.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SUMR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SUMR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SUMR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.85 | NEUTRAL | The RSI value for SUMR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests SUMR has a positive trend. |
| Stochastics (14,3) | 99.28 | OVERBOUGHT | The high Stochastics value suggests SUMR may be overbought. |
| Average True Range in percent/ATR (20) | 2.02 | MEDIUM VOLATILITY | The ATR as a percentage value for SUMR suggests some volalility. |
SUMR Chart- and CandleStick Pattern Analysis
SUMR Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 12.11 | 11.14 | 0.97 (8.01%) | 12.48% |
| An entry @12.11. This is a Buy Stop order right above the resistance zone. | An exit @11.14. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.97 points, which is 8.01%. | When investing 12.48% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SUMR Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:SUMR (6/21/2022, 8:00:02 PM)
11.99
+0.01 (+0.08%)
Summer Infant Inc / SUMR TA FAQ
What is the technical rating for SUMR stock?
ChartMill assigns a technical rating of 7 / 10 to SUMR.
What is the current trend direction of Summer Infant Inc (SUMR) stock?
The current trend direction for Summer Infant Inc (SUMR) is Bullish.
Can you provide the RSI signal for Summer Infant Inc?
Summer Infant Inc (SUMR) has an RSI value of 62.8548. This indicates that the stock is currently neutral.
What is the short term momentum for SUMR stock?
The short term momentum for Summer Infant Inc (SUMR) is positive.
Can you provide the buy/sell signal for Summer Infant Inc?
The buy/sell signal for Summer Infant Inc (SUMR) is buy as both the short term and long term trends are positive.