Logo image of SUMR

Summer Infant Inc (SUMR) Stock Technical Analysis

NASDAQ:SUMR - Nasdaq - US8656463010 - Common Stock

11.99  +0.01 (+0.08%)

Technical Rating and Analysis

8

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.
Both the short term and long term trends are positive. This is a very positive sign.
SUMR is part of the Personal Care Products industry. There are 35 other stocks in this industry. SUMR outperforms 76% 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. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
Summer Infant Inc / SUMR Weekly stock chart
Summer Infant Inc / SUMR Daily stock chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, SUMR also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. 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.
Support and Resistance Analysis

7.96

12.22

When analyzing the support we can see 3 important 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.

We found 1 important resistance 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.
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
CRS83.81
Mansfield3.44
10 Day High12
10 Day Low11.15
20 Day High12
20 Day Low10.6
52 Week High16.89
52 Week Low6.8
Performance
1 Week4.53%
2 Weeks5.73%
1 Month2.92%
3 Month2.92%
6 Month7.15%
12 Month-5.14%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)0.06
RSI(14)62.85
LBB10.89
UBB12.13
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.

ENTRYEXITDISTANCECAPITAL
12.1111.140.97 (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 worst case loss on the trade is limited to 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.
Summer Infant Inc / SUMR Daily stock chart

Summer Infant Inc

NASDAQ:SUMR (6/21/2022, 8:00:02 PM)

11.99

+0.01 (+0.08%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryPersonal Care Products
Performance
% Chg0.08%
1 Week4.53%
2 Weeks5.73%
1 Month2.92%
3 Month2.92%
6 Month7.15%
12 Month-5.14%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%2.02%
ATR Inc-90.55%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.81
Mansfield3.44
10 Day High12
10 Day Low11.15
20 Day High12
20 Day Low10.6
52 Week High16.89
52 Week Low6.8
CS1 End11.77
CR1 Start12
Volume & EV
DER(3)0.85%
DER(5)-0.6%
Volume29.00K
Volume Incr267.62%
Vol(5)39.28K
Vol(50)11.14K