(SUM) Summit Materials complete technical analysis [charts+indicators] | Buy/Sell Summit Materials | (SUM) share price targets
Complete technical analysis of Summit Materials (SUM) by charts plus indicators, forecast predictions and share price targets for Summit Materials (SUM)
Summit Materials trades in USA in Basic Industries sector.
Showing technical analysis as on 2024-11-12 View latest technical analysis
10 day averaged volume of Summit Materials is 1585680
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Tue Nov 2024 | 48.99 | 50.10 | 50.26 | 48.92 | 0.711 times |
| 11 Mon Nov 2024 | 50.10 | 51.15 | 51.16 | 50.04 | 0.544 times |
| 08 Fri Nov 2024 | 50.41 | 49.86 | 50.79 | 49.06 | 0.689 times |
| 07 Thu Nov 2024 | 49.81 | 50.92 | 50.92 | 49.69 | 0.808 times |
| 06 Wed Nov 2024 | 51.00 | 50.81 | 51.74 | 49.04 | 1.433 times |
| 05 Tue Nov 2024 | 47.42 | 46.51 | 47.59 | 46.33 | 1.216 times |
| 04 Mon Nov 2024 | 46.70 | 47.65 | 47.80 | 46.56 | 1.013 times |
| 01 Fri Nov 2024 | 47.83 | 47.88 | 48.22 | 47.18 | 0.875 times |
| 31 Thu Oct 2024 | 47.41 | 47.58 | 48.17 | 46.69 | 1.463 times |
| 30 Wed Oct 2024 | 46.42 | 45.76 | 46.98 | 45.44 | 0.927 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 49.1 as stoploss in an intra day sell trade for a target of 45.66. However, stock will show a bullish move above 49.1.
Share price targets for Summit Materials (SUM)
| Target Type | Value |
| Downside Target | 34.80 |
| Downside Target | 38.33 |
| Downside Target | 39.88 |
| Downside Target | 42.02 |
| Downside Target | 45.05 |
| Downside Target | 46.20 |
| Downside Target | 46.33 |
| Downside Target | 48.17 |
| Downside Target | 48.22 |
| Downside Target | 48.92 |
| Upside Target | 51.16 |
| Upside Target | 51.74 |
Intraday share price targets for Summit Materials (SUM)
| Target Type | Value |
| Downside Intraday Target | 48.22 |
| Downside Intraday Target | 47.45 |
| Upside Intraday Target | 50.46 |
| Upside Intraday Target | 51.93 |
| Upside Intraday Target | 49.69 |
Weekly technical analysis of Summit Materials (SUM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Tue Nov 2024 | 48.99 | 51.15 | 51.16 | 48.92 | 0.243 times |
| 08 Fri Nov 2024 | 50.41 | 47.65 | 51.74 | 46.33 | 0.812 times |
| 01 Fri Nov 2024 | 47.83 | 45.40 | 48.22 | 45.05 | 0.66 times |
| 25 Fri Oct 2024 | 45.10 | 42.10 | 46.20 | 39.88 | 2.257 times |
| 18 Fri Oct 2024 | 42.28 | 38.54 | 42.65 | 38.33 | 1.368 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Summit Materials (SUM)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 12 Tue Nov 2024 | 48.99 | 47.88 | 51.74 | 46.33 | 0.294 times |
| 31 Thu Oct 2024 | 47.41 | 38.75 | 48.17 | 36.23 | 2.073 times |
| 30 Mon Sep 2024 | 39.03 | 39.81 | 40.61 | 34.80 | 0.887 times |
| 30 Fri Aug 2024 | 40.50 | 41.78 | 42.02 | 35.71 | 0.943 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Summit Materials (SUM)
Price action analysis of Summit Materials ( (SUM) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Summit Materials ( (SUM) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Summit Materials ( (SUM) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Summit Materials ( (SUM) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Summit Materials stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Summit Materials in short term and the buy signal is strong.
Summit Materials Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Summit Materials in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 48.49 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Summit Materials ( (SUM) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Summit Materials ( (SUM) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Summit Materials ( (SUM) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Summit Materials ( (SUM) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Summit Materials stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Summit Materials in short term and the buy signal is strong.
Summit Materials Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Summit Materials in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 48.49 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.