Summit Midstream's 15min chart shows RSI oversold, KDJ golden cross signals.

According to the 15-minute chart for Summit Midstream, the RSI has reached oversold levels, and the KDJ has triggered a golden cross at 08/14/2025 16:00. This suggests that the stock price has experienced a rapid decline, potentially exceeding its fundamental support levels. Furthermore, the momentum of the stock price appears to be shifting towards an upward trajectory, indicating a potential for further growth.

Summit Midstream's stock price has shown signs of a potential upward trend, according to recent technical indicators. The 15-minute chart for Summit Midstream (SMC) exhibited a significant technical signal: the KDJ Golden Cross. This crossover, where the K line (fast stochastic) crosses above the D line (slow stochastic), is a bullish signal, indicating that buyers are currently in control of the market and that the bullish momentum is likely to persist [1].

The KDJ Golden Cross was triggered at a time when the Relative Strength Index (RSI) had reached an oversold level, suggesting that the stock price had experienced a rapid decline and was potentially below its fundamental support level. This combination of technical indicators points to a potential upward momentum shift, with the possibility of further gains in the stock price [1].

Summit Midstream, a leading player in the midstream energy sector, released its Form 10-Q report for the third quarter, providing insights into its financial and operational performance. The company reported total revenues of $272.914 million, reflecting an increase from the previous year's $220.186 million, driven by higher gathering services and natural gas sales [2]. Despite this revenue growth, net income decreased significantly to $406 thousand, impacted by increased costs and expenses. The company's net income per share also declined substantially, indicating a significant decline in earnings per share [2].

The company's recent financial results for the second quarter of 2025 also show a net loss of $4.2 million, adjusted EBITDA of $61.1 million, and cash flow available for distributions of $32.4 million. These results highlight the company's operational challenges, including the timing and performance of certain wells and lower than expected realized commodity prices [3]. However, the company expects to recover the associated volumes in the second half of this year and into 2026, as well as to achieve its 2025 Adjusted EBITDA guidance range of $245 million to $280 million [3].

Investors and financial professionals should closely monitor Summit Midstream for any further developments. The combination of the KDJ Golden Cross and the bullish Marubozu suggests a potential upward trend in the stock price, but it is essential to consider other factors and indicators before making any investment decisions. The stock market is influenced by various factors, including economic conditions, company performance, and geopolitical events. Therefore, investors should conduct thorough research and consider their risk tolerance before making any investment decisions [1].

References:
[1] https://www.ainvest.com/news/summit-midstream-15min-chart-exhibits-bullish-momentum-kdj-golden-cross-marubozu-signal-2508-49/
[2] https://www.tradingview.com/news/tradingview:9235bc4dd4673:0-summit-midstream-corp-sec-10-q-report/
[3] https://www.marketscreener.com/news/summit-midstream-corporation-reports-second-quarter-2025-financial-and-operating-results-ce7c5ed3d080f723