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Summit Therapeutics Inc.

SMMT•NASDAQ
Healthcare
Biotechnology
$15.87
$-0.07(-0.44%)
U.S. Market opens in 12h 54m

Summit Therapeutics Inc. (SMMT) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Summit Therapeutics Inc. (NASDAQ:SMMT).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

SMMT Technical Analysis Summary

Summit Therapeutics Inc. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 52.74)
Trend Strength:Weak (ADX: 13.90)
Volatility:Medium (ATR: 0.79)
Support/Resistance:$13.80 – $16.65 (Bollinger Bands)

Overall, Summit Therapeutics Inc. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 52.74

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 89.61

Bearish
Overbought levels may trigger pullback.

Williams %R: -7.38

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 14.44

Strongly Bullish
Strong upside momentum.

Takeaway:Summit Therapeutics Inc. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: -0.24

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 13.90

Weak
Weak trend, market trading sideways.

ATR (14): 0.79

Low
Low volatility, stable price action.

CCI (14): 118.23

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Summit Therapeutics Inc. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$16.65
Middle Band (SMA 20)
$15.22
Lower Band
$13.80
Current Position
Within Bands

Takeaway:Summit Therapeutics Inc. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$17.23
Middle Line (EMA 20)
$15.64
Lower Channel
$14.06
Squeeze Status
Squeeze On

Takeaway:Summit Therapeutics Inc. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-14.72M
Money Flow Index60.04Bullish, inflows support continued momentum.
Relative Vigor Index55.31Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:SMMT shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Summit Therapeutics Inc., here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Summit Therapeutics Inc. are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ