Technical Analysis for SMLP - Summit Midstream Partners, LP
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | Up | Up | Down |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| New Downtrend | Bearish | 0.00% | |
| Bullish Engulfing | Bullish | 0.00% | |
| Pocket Pivot | Bullish Swing Setup | 0.00% | |
| Gapped Down | Weakness | 0.00% | |
| 20 DMA Resistance | Bearish | 3.63% | |
| Doji - Bullish? | Reversal | 3.63% | |
| Down 3 Days in a Row | Weakness | 3.63% | |
| Gapped Down | Weakness | 3.63% | |
| Fell Below 20 DMA | Bearish | 0.84% | |
| Wide Bands | Range Expansion | 0.84% |
| Alert | Time |
|---|---|
| Up 3% | 4 days ago |
| Up 2% | 4 days ago |
| Possible Pocket Pivot | 4 days ago |
| 2x Volume Pace | 4 days ago |
| 1.5x Volume Pace | 4 days ago |
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- Earnings date: 05/03/2024
Summit Midstream Partners, LP Description
Summit Midstream Partners, LP focuses on the ownership and operation of midstream energy infrastructure assets, primarily shale formations in North America. It offers natural gas gathering and compression services. The company operates in two unconventional resource basins, consisting of the Piceance Basin, which includes the Mesaverde formation, and the Mancos and Niobrara shale formations in western Colorado; and the Fort Worth Basin that comprises the Barnett Shale formation in north-central Texas. As of December 31, 2012, its gathering systems had approximately 399 miles of pipeline. The company serves natural gas producers. Summit Midstream GP, LLC operates as a general partner of the company. Summit Midstream Partners, LP was founded in 2009 and is headquartered in Dallas, Texas, with additional regional offices in Houston, Texas, Denver, Colorado, and Atlanta, Georgia.
Classification
Sector: Energy
Industry: Oil & Gas Midstream
Keywords: Energy Infrastructure Gas Gathering Natural Gas Gathering Gas Producer Summit Midstream Energy Compression Services Natural Gas Producer Barnett Shale Piceance Basin Bend Arch–Fort Worth Basin Fort Worth Basin
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 36.0 |
| 52 Week Low | 13.0 |
| Average Volume | 71,788 |
| 200-Day Moving Average | 20.10 |
| 50-Day Moving Average | 28.91 |
| 20-Day Moving Average | 32.48 |
| 10-Day Moving Average | 33.05 |
| Average True Range | 1.66 |
| RSI (14) | 54.55 |
| ADX | 29.07 |
| +DI | 19.47 |
| -DI | 20.78 |
| Chandelier Exit (Long, 3 ATRs) | 31.01 |
| Chandelier Exit (Short, 3 ATRs) | 32.19 |
| Upper Bollinger Bands | 37.05 |
| Lower Bollinger Band | 27.91 |
| Percent B (%b) | 0.48 |
| BandWidth | 28.14 |
| MACD Line | 1.10 |
| MACD Signal Line | 1.55 |
| MACD Histogram | -0.4547 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 35.74 | ||||
| Resistance 3 (R3) | 35.36 | 33.83 | 35.17 | ||
| Resistance 2 (R2) | 33.83 | 32.95 | 34.02 | 34.97 | |
| Resistance 1 (R1) | 33.06 | 32.41 | 33.45 | 33.44 | 34.78 |
| Pivot Point | 31.53 | 31.53 | 31.72 | 31.72 | 31.53 |
| Support 1 (S1) | 30.76 | 30.65 | 31.15 | 31.14 | 29.80 |
| Support 2 (S2) | 29.23 | 30.11 | 29.42 | 29.61 | |
| Support 3 (S3) | 28.46 | 29.23 | 29.42 | ||
| Support 4 (S4) | 28.84 |
