Decline depth
—
Not currently in the rolling-252-day ≥20% decline universe.
Amber List
SMCSummit Midstream Corporation
6.7σ
decline sigma — volatility-normalized move (typical daily 2.66%)
Current
$27.51
Decline depth
—
Decline σ
6.7σ
TFC
0/5 bearish
Rolling 252-day high
Up day
Down day
Last 90 trading days · data from Alpaca
Since it joined the list
$SMC landed on the list 2026-04-02, down 20.8% from its 52-week high that day — now $27.51.
It has clawed back 0.6 percentage points off that level. It bottomed 28.8% below that high along the way.
Decline from the 52-week high as it stood on 2026-04-02 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.
Structural break signals
SMC qualifies for the Amber List on decline sigma.
Time-frame continuity
0/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3.
Decline sigma
6.7σ
Drop from local high over the last 5 bars, expressed in units of the stock's typical daily volatility (2.66% per day).
Past the ≥6σ Amber threshold.
The structural read
What price action says about SMC.
SMC qualifies for the Amber List on decline sigma — the recent drop measures 6.7σ over a 5-bar window. Sigma scales the move by the stock's own typical daily volatility, so a small percentage drop in a normally-quiet name can land here when the bigger players miss it on a pure-percent threshold.
52-week range
52W low $27.35
2.6% of range
52W high $33.50
Related — same sector
Closest decliners to SMC
Amber List
OPY
Oppenheimer Holdings, Inc.
Amber List
DHT
DHT HOLDINGS, INC.
Amber List
NFG
National Fuel Gas Co.
Amber List
PRAA
PRA Group, Inc.
Amber List
EPC
Edgewell Personal Care Company
Amber List
CSAN
Cosan S.A. American Depositary Shares (each representing four Common Shares)
Questions about SMC
What people ask.
Why is SMC on Broken Stocks?
SMC qualifies for the Amber List on decline sigma. The recent drop measures 6.7σ over a 5-bar window — large enough that even a small percentage drop is structurally significant given the stock's typical day-to-day volatility (2.66%).
Is SMC a falling knife?
SMC is on Broken Stocks for time-frame continuity or decline-sigma reasons rather than headline depth, so the falling-knife label doesn't cleanly apply. The phrase usually requires a meaningful percentage drop from a fresh high. See the structural break signals above for the axis that actually triggered the listing.
Is SMC a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is SMC trading inside its 52-week range?
At $27.51, SMC sits 2.6% of the way from its 52-week low ($27.35) to its 52-week high ($33.50). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.