SMLP Stock Summit Midstream Partners (SMLP, $34.02) price may drop as it broke higher Bollinger Band on May 03, 2024

A.I.dvisor
at Tickeron.com
05/04/24
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SMLP - Summit Midstream Partners LP
Bollinger signal
Bearish Trend
Odds of DOWN Trend
Bollinger signal
Price: $34.02
Daily change: +$5.86 (+20.81%)
Daily volume: 132.6K
Capitalization: $354.6M
Industry: Oil & Gas Pipelines
This price move could be a signal that SMLP may fall back below the higher band and head toward the middle band. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 44 similar cases where SMLP's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:
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SMLPDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a provider of fee-based natural gas gathering and compression services

Industry OilGasPipelines

Profile
Fundamentals
Details
Industry
Oil And Gas Pipelines
Address
910 Louisiana Street
Phone
+1 832 413-4770
Employees
244
Web
https://www.summitmidstream.com