SMMT (NASDAQ)

SMMT NASDAQ

Summit Therapeutics

STAY IN CASH

26.37

Prev.Close

26.66

Change

-0.2900

Change%

-1.09%

BULLISH DESCENT BLOCK

Sold at

27.18

Open

26.55

High

27.50

Low

26.10

26.37

Gain%

-2.98%

Signal History

Date	Price	Signal	Change%		$100⇨
07/29	27.18	SELL	-3.0%	✔	93
07/23	27.25	BUY	-0.3%	❌	94
07/15	24.75	SELL	+10.1%	❌	94
06/06	20.37	BUY	+21.5%	✔ 👍	77
05/30	20.94	SELL	-2.7%	✔	78
05/22	25.77	BUY	-18.8%	❌	96
05/14	23.71	SHORT	+8.7%	❌	105
04/21	24.86	BUY	-4.6%	❌	111
04/16	23.75	SELL	+4.7%	❌	111
04/09	17.49	BUY	+35.8%	✔ 👍	82
03/26	20.04	SELL	-12.7%	✔	82
03/19	20.11	BUY	-0.3%	❌	83
03/07	18.68	SHORT	+7.7%	❌	90
02/28	18.92	BUY	-1.3%	❌	91
02/24	21.90	SELL	-13.6%	✔	91
02/19	21.20	BUY	+3.3%	✔	89
02/11	19.91	SHORT	+6.5%	❌	95
02/05	20.78	BUY	-4.2%	❌	100

† Trade commissions are taken as 0.20%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Today's recommendation from our system is to STAY IN CASH. The previous SELL signal was issued on 07/29/2025, 2 days ago, when the stock price was 27.18. Since then, SMMT has fallen by -2.98%.

Market Outlook

The last pattern detected was bullish, indicating positive implications. The overall evidence, however, is saying “Watch Out!” but it is not yet pointing to BUY. The share price is still not above the confirmation level and the signal is suggesting to STAY IN CASH, but the chance of a bullish confirmation that will change the signal to BUY is very high. The Delayed Intraday Module is ON. We highly recommend closely monitoring intraday price movements to maximize profits during the initial phase of a bull run.

Pattern Description

This pattern consists of three consecutive black candlesticks, each closing lower than the previous one in a downtrend. It is the counterpart of the Bearish Advanced Block Pattern. more...

Date	Price	Signal	Change%		$100⇨
07/29	27.18	SELL	-3.0%	✔	2,809
07/23	27.25	BUY	-0.3%	❌	2,822
07/15	24.75	SELL	+10.1%	❌	2,828
06/06	20.37	BUY	+21.5%	✔ 👍	2,332
05/30	20.94	SELL	-2.7%	✔	2,337
05/22	25.77	BUY	-18.8%	❌	2,882
05/14	23.71	SHORT	+8.7%	❌	3,168
04/21	24.86	BUY	-4.6%	❌	3,335
04/16	23.75	SELL	+4.7%	❌	3,342
04/09	17.49	BUY	+35.8%	✔ 👍	2,466
03/26	20.04	SELL	-12.7%	✔	2,471
03/19	20.11	BUY	-0.3%	❌	2,485
03/07	18.68	SHORT	+7.7%	❌	2,702
02/28	18.92	BUY	-1.3%	❌	2,749
02/24	21.90	SELL	-13.6%	✔	2,754
02/19	21.20	BUY	+3.3%	✔	2,672
02/11	19.91	SHORT	+6.5%	❌	2,868
02/05	20.78	BUY	-4.2%	❌	3,005
01/28	23.52	SELL	-11.6%	✔	3,011
01/17	18.70	BUY	+25.8%	✔ 👍	2,399
01/14	17.67	SELL	+5.8%	❌	2,404
01/08	18.63	BUY	-5.2%	❌	2,540
12/31	17.85	SHORT	+4.4%	❌	2,667
12/23	18.58	BUY	-4.0%	❌	2,788
12/18	18.15	SELL	+2.4%	❌	2,794
12/16	18.52	BUY	-2.0%	❌	2,856
11/21	18.43	SHORT	+0.5%	❌	2,880
11/19	19.17	BUY	-3.9%	❌	3,008
10/30	20.78	SHORT	-7.7%	✔	2,803
10/28	21.62	BUY	-3.9%	❌	2,928
10/18	21.35	SELL	+1.3%	❌	2,934
10/11	19.88	BUY	+7.4%	✔	2,737
09/17	28.15	SELL	-29.4%	✔	2,743
09/09	16.18	BUY	+74.0%	✔ 👍	1,580
08/29	12.99	SELL	+24.6%	❌	1,583
08/09	10.44	BUY	+24.4%	✔ 👍	1,275
07/30	10.69	SELL	-2.3%	✔	1,277
07/08	7.37	BUY	+45.0%	✔ 👍	882
07/03	7.57	SHORT	-2.6%	✔	863
07/01	7.95	BUY	-4.8%	❌	910