(SUM) Summit Materials MACD charts technical analysis
(SUM) Summit Materials MACD charts technical analysis MACD analysis of Summit Materials | Buy/Sell Summit Materials
Summit Materials trades in USA in Basic Industries sector.
10 day averaged volume of Summit Materials is 1107280
| Date | Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 40.31 | 39.93 | 40.49 | 39.57 | 1.103 Mn |
| 03 Fri May 2024 | 39.46 | 39.67 | 40.32 | 39.27 | 1.489 Mn |
| 02 Thu May 2024 | 39.10 | 38.05 | 39.55 | 37.09 | 2.884 Mn |
| 01 Wed May 2024 | 39.23 | 38.97 | 40.05 | 38.52 | 1.086 Mn |
| 30 Tue Apr 2024 | 38.90 | 39.84 | 39.99 | 38.80 | 1.132 Mn |
| 29 Mon Apr 2024 | 40.13 | 40.07 | 40.58 | 39.69 | 0.884 Mn |
| 26 Fri Apr 2024 | 40.00 | 39.57 | 40.30 | 39.57 | 0.536 Mn |
| 25 Thu Apr 2024 | 39.37 | 38.19 | 39.54 | 38.00 | 0.819 Mn |
| 24 Wed Apr 2024 | 38.93 | 39.32 | 39.65 | 38.58 | 0.58 Mn |
| 23 Tue Apr 2024 | 39.56 | 38.89 | 39.78 | 38.82 | 0.848 Mn |
Indicators analysis of Summit Materials (SUM)
MACD generated a BUY signal for Summit Materials in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
MACD charts
Price action analysis of Summit Materials ( (SUM) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Summit Materials ( (SUM) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Summit Materials ( (SUM) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Summit Materials ( (SUM) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Summit Materials stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Summit Materials in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Summit Materials Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Summit Materials in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Summit Materials is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 39.42 and Summit Materials (SUM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Summit Materials (SUM) stock. Volume based technical analysis of Summit Materials (SUM) stock is negative.
Summit Materials Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.