(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 2024-11-22 View latest technical analysis
10 day averaged volume of Summit Materials is 1510410
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Fri Nov 2024 | 51.66 | 51.45 | 51.76 | 50.85 | 1.359 times |
| 21 Thu Nov 2024 | 51.16 | 48.66 | 53.49 | 48.21 | 3.118 times |
| 20 Wed Nov 2024 | 48.40 | 48.36 | 48.61 | 47.94 | 0.499 times |
| 19 Tue Nov 2024 | 48.39 | 47.91 | 48.65 | 47.66 | 0.35 times |
| 18 Mon Nov 2024 | 48.52 | 48.39 | 49.00 | 48.04 | 0.409 times |
| 15 Fri Nov 2024 | 48.43 | 48.52 | 48.80 | 47.89 | 0.719 times |
| 14 Thu Nov 2024 | 48.53 | 49.00 | 49.30 | 48.01 | 0.554 times |
| 13 Wed Nov 2024 | 48.68 | 49.18 | 49.49 | 48.47 | 2.31 times |
| 12 Tue Nov 2024 | 48.99 | 50.10 | 50.26 | 48.92 | 0.746 times |
| 11 Mon Nov 2024 | 50.10 | 51.15 | 51.16 | 50.04 | 0.571 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 52.3, for a target of 50.3 or 48.58
Share price targets for Summit Materials (SUM)
| Target Type | Value |
| Downside Target | 34.80 |
| Downside Target | 39.88 |
| Downside Target | 42.02 |
| Downside Target | 45.05 |
| Downside Target | 46.20 |
| Downside Target | 47.66 |
| Downside Target | 47.89 |
| Downside Target | 48.17 |
| Downside Target | 48.22 |
| Downside Target | 51.16 |
| Upside Target | 51.74 |
| Upside Target | 53.49 |
Intraday share price targets for Summit Materials (SUM)
| Target Type | Value |
| Downside Intraday Target | 48.38 |
| Downside Intraday Target | 45.11 |
| Upside Intraday Target | 54.21 |
| Upside Intraday Target | 56.77 |
| Downside Intraday Target | 50.94 |
Weekly technical analysis of Summit Materials (SUM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Fri Nov 2024 | 51.66 | 48.39 | 53.49 | 47.66 | 1.17 times |
| 15 Fri Nov 2024 | 48.43 | 51.15 | 51.16 | 47.89 | 0.905 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 |
Price has moved up 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 |
| 22 Fri Nov 2024 | 51.66 | 47.88 | 53.49 | 46.33 | 0.652 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 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 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 to mid 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 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 SELL signal for Summit Materials in short term but the sell 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Summit Materials is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 49.83 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 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 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 to mid 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 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 SELL signal for Summit Materials in short term but the sell 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Summit Materials is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 49.83 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.