Question 1

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

Accepted Answer

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 44 of 57 cases where SMC's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 77%.

Question 2

How did SMC's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 23, 2024. You may want to consider a long position or call options on SMC as a result. In 75 of 97 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 77%.

Question 3

What does MACD indicator imply for SMC?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for SMC turned positive on August 23, 2024. Looking at past instances where SMC's MACD turned positive, the stock continued to rise in 36 of 44 cases over the following month. The odds of a continued upward trend are 82%.

Question 4

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

Accepted Answer

SMC moved above its 50-day moving average on August 19, 2024 date and that indicates a change from a downward trend to an upward 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 10 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 71%.

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 broke above its upper Bollinger Band on September 09, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Question 9

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

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 142 of 201 cases where SMC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 71%.

SMC Stock Summit Midstream (SMC, $36.93) Moving Average Convergence Divergence (MACD) Histogram turned positive on August 23, 2024

SMC's MACD Histogram crosses above signal line

General Information