SMTP.L stock forecast Summit Properties Ltd.

SMTP.L stock forecast

VOLUME
Sell
TREND
Hold
MV LONG
Buy

MV SHORT
Buy

PIVOT
Sell

MACD
Buy

SMTP.L Forecast and Technical Stock Analysis


Hold candidate since 2019-09-11 Gain 1.69% PDF

No changes to the price of Summit Properties Ltd. in the last trading day ( Tuesday, 17th Sep 2019 ). During the day the stock fluctuated 0.00% from a day low at 1.20€ to a day high of 1.20€. The price has been going up and down for this period, and there has been a 3.45% gain for the last 2 weeks.

Quick summary:

  • 30 day high of the SMTP.L stock price was 1.21€ and low was 1.16€.
  • 90 day high was 1.32€ and low was 1.11€.
  • 52 week high for Summit Properties Ltd. - 1.37€ and low - 0.90€.
Top Trending Stocks

Trend

Summit Properties Ltd. has broken the falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction there will be support on the roof on the current trend broken, which is 1.20€, a level that may pose a second chance to hit a runner. According to fan-theory 1.29€ will be the next possible trendtop level and thereby pose a resistance level which may not be broken on the first attempt.

Top Golden Star Stocks

Signals

Summit Properties Ltd. holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at 1.19€ and 1.17€. A break down below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Monday September 16, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSImin/max Values: [ 20 - 80 ]

RSI14 is 50 and the stock is currently not being overbought or oversold

* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.

Support & Resistance

Summit Properties Ltd. finds support from accumulated volume at 1.19€.

Support: 1.19€ Price: 1.20€ Resistance: 1.22€

Risk

This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved 0.00€ between high and low, or 0.00%. For the last week the stock has had a daily average volatility of 0.85%.

Our recommended stop-loss: 1.15€ (-4.00%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from pivot top found 1 day(s) ago.)

0.85 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Hold/Accumulate Downgraded

Evaluation

Summit Properties Ltd. holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level, we recommend to hold or accumulate in this position whilst awaiting further development.

Exchanges: NASDAQ | NYSE | XLON | AMS | ADS | TSE | BRU

Golden Star Signal

This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.

This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!

Get access to Golden Star list now!
Trading With Moving Average
As an investor, you always seek to understand what other... Full Article
Pivot Points
Pivot Points refer to points of significant change. As a... Full Article
Accumulated Volume - Support and Resistance
Volume is perhaps the best indicator of all and should... Full Article
Volume - The Indicator You Really Need to Know
Many new traders getting into the world of technical analysis... Full Article
We Give Back!
In 2016 StockInvest.us donated to NGO Goodwill projects to help purchase medical... Full Article
Better Buy: Amazon vs. Facebook
Amazon's stock slipped 21% over the past six months, as... Full Article

Proudly made at

ROCKIT