Question 1

What does the Stochastic Oscillator suggest about SMC's trend?

Accepted Answer

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

Question 2

How did SMC's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on September 13, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on SMC as a result. In 78 of 97 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 80%.

Question 3

What does MACD indicator imply for SMC?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for SMC turned negative on September 13, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 46 similar instances when the indicator turned negative. In 34 of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at 74%.

Question 4

What is the significance of the 50-day moving average indicator for SMC?

Accepted Answer

SMC moved below its 50-day moving average on September 13, 2024 date and that indicates a change from an upward trend to a downward trend.

Question 5

What is the significance of the 10-day moving average indicator for SMC?

Accepted Answer

The 10-day moving average for SMC crossed bullishly above the 50-day moving average on August 27, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 12 of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 86%.

Question 6

What does a 3-day price advance indicate for SMC?

Accepted Answer

Following a +0.33% 3-day Advance, the price is estimated to grow further. Considering data from situations where SMC advanced for three days, in 200 of 259 cases, the price rose further within the following month. The odds of a continued upward trend are 77%.

Question 7

What does a 3-day decline signify for SMC's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where SMC declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 77%.

Question 8

What does SMC breaking above its upper Bollinger Band indicate?

Accepted Answer

SMC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 9

How does the Aroon Indicator reflect on SMC's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 178 of 208 cases where SMC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 86%.

SMC Stock Summit Midstream (SMC, $34.59) Aroon Indicator entered an Uptrend on September 13, 2024.

SMC in upward trend: 10-day moving average crossed above 50-day moving average on August 27, 2024

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