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SMMT Stock Price Prediction

Summit Therapeutics Inc
$
17.360
-1.550(-8.200%)
  • Overview
  • Forecast
  • Valuation

SMMT stock price ended at $17.36 on Friday, afterlosing-8.2%

TheSummit Therapeutics Inc stock pricedecreasedby -8.2%on the last trading day (Friday Apr 2025), dropping from 18.1 to 17.36. Throughout the last trading session, the stock experienced a fluctuation of 8.76% , ranging from a day low of $17.01 to a day high of 18.5. The price has declined in7of the last10days, resulting in a total change of-12.10%during this period. On the last day, trading volumeincreaseby646.62Kshares, with the fallingprices. This could serve as an early warning, indicating that risk may slightly increase in the coming days. In total, 4.10M shares were traded, amounting to approximately 71.87M.

SMMT Technical Signals

SMMT(Summit Therapeutics Inc Corp) has 2 buy signals and 5 sell signals now. The current trend is downtrend starting from 2025-03-14. The total price change during this trend is -9.57%. Recently, the price has decreased with an increase in volume, indicating a strong bearish signal.The average turnover of SMMTover the last 5 trading days is 44.50M. Overall, the technical indicator signals lean more toward a bearish outlook in the mid-term.
Summit Therapeutics Inc's overall moving average trend leans more bullish as of Monday, April 7, 2025, with 2 negative signals and 2positive signal. In the mid-term, the SMA_20 being below the SMA_60 signals a strong bearish trend. There will be some resistance from the lines at $21.98, and $23.16. A break-up above any of these levels will issue buy signals. There will be some support from the lines at $18.16, and $16.98. A break-down below any of these levels will issue sell signals.
Summary
StrongSellSellNeutralBuyStrongBuydotted line Image
Sell
Sell
5
Buy
2
Moving Average

Swing

down ImageNegative

Stock Price Below SMA_5

Short Term

up ImagePositive

SMA_5 Above SMA_20

Mid Term

down ImageNegative

SMA_20 Below SMA_60

Long Term

up ImagePositive

SMA_60 Above SMA_200

Short Selling
Close Price
Short Sale Ratio
Short Sale Volume
2 Bullish Signals
When Value satisfies Signal, Indicator signals Bullish

Indicators

Signal

Value

Meaning

Awesome Oscillator (5, 34)

AO_5_34 > 0

0.13

Bullish

Williams %R (14 days)

WILLR_14 < -80

-93.85

Bullish
5 Bearish Signals
When Value satisfies Signal, Indicator signals Bearish

Indicators

Signal

Value

Meaning

Momentum (10 days)

MOM_10 < 0

-1.03

Bearish

Moving Average Convergence Divergence (12, 26, 9)

MACD_12_26_9 < 0

-0.05

Bearish

Closing price

close < fibonacci_S1

18.8

Bearish

Moving Average

5-day SMA crosses below 10-day SMA

--

Bearish

Moving Average

5-day SMA crosses below 60-day SMA

--

Bearish

SMMT Price Prediction & Forecast

Based on historical patterns and backtesting of stocks with similar movements to Summit Therapeutics Inc(SMMT), our algorithm predicts SMMT's 1-month price at $18.40, with an -9.45%downwardshift. Using a similarity score up to 90.70%and other factors, This forecast updates weekly, adjusting for significant deviations.
Based on SMMT's historical stock price data across all years, the probability of a positive return in April is40.00%, suggesting it maynotbe an ideal month to invest in SMMT. In contrast,Januaryoffers the highest probability of positive returns at60.00%, making it a potentially strong month for investment.
However, this is only a prediction based on one method, and a comprehensive assessment of the stock's future trend should consider additional factors. Our final stock price commentary incorporates three main evaluation dimensions: technical signals, Moving Average trends, and similar chart pattern matching, with the first two dimensions carrying the primary weight to ensure a more robust and accurate forecast.

Should I Buy Summit Therapeutics Inc Stock?

Based on our evaluation of the three key dimensions—technical signals, Moving Average trends, and similar chart pattern matching—we have identified the following insights.SMMT has several negativesignals and is within afallingtrend, so we believe it will performweaklyin the next couple of days or weeks. We therefore hold anegativeevaluation of this stock. Our analysis conclusion for this stock is aStrong Sellcandidate.
Similar Chart
The price prediction chart forSummit Therapeutics Inc (SMMT.O)stock, as ofSunday, March 30, 2025, forecasts a-9.45%change over the next month, based on its high correlation withUE.N stock patterns. The similarity between their price movements over the analyzed periods is90.7%. The right panel lists other stocks with similar price patterns. This prediction is updated every week.
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SMMT

Future prediction

Up: -9.45%

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UE

Down: -9.45%Similarity: 90.7%

Name

Similarity

Up/Down

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UE.N

90.70%

-9.45%

Monthly Seasonality
The radar chart shows that buying Summit Therapeutics Inc (SMMT.O) stock in January has the highest probability of a positive return (60.00%), while June has the lowest probability (30.00%).
Performance Seasonality
The chart shows Summit Therapeutics Inc.(SMMT)'s annual stock price return for the past three years, helping you analyze price trends and identify recurring trends on an annual basis.

FAQ

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Should I buy Summit Therapeutics Inc (SMMT.O) stock?

SMMT has several negativesignals and is within arisingtrend, so we believe it will performweaklyin the next couple of days or weeks. We therefore hold anegativeevaluation of this stock. The price is expected torise-9.45%in the coming month. Our analysis conclusion for this stock is aStrong Sellcandidate.

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Which months have the highest win rate for buying Summit Therapeutics Inc (SMMT.O) stock in a year?

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How has Summit Therapeutics Inc. (SMMT)'s stock price performed over the past three years?

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Which bull technical signals does SMMT have?

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Which bearish technical signals does SMMT have?

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Is SMMT a buy based on overall technical signals summary?

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What is the trend of Summit Therapeutics Inc (SMMT)'s moving average?

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What is price prediction for SMMT stock next month?