(INN) Summit Hotel complete technical analysis [charts+indicators] | Buy/Sell Summit Hotel | (INN) share price targets
Complete technical analysis of Summit Hotel (INN) by charts plus indicators, forecast predictions and share price targets for Summit Hotel (INN)
Summit Hotel trades in USA in Consumer Services sector.
10 day averaged volume of Summit Hotel is 607430
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 6.27 | 6.24 | 6.31 | 6.21 | 1.277 times |
| 06 Mon May 2024 | 6.20 | 6.29 | 6.31 | 6.20 | 0.622 times |
| 03 Fri May 2024 | 6.25 | 6.32 | 6.37 | 6.19 | 0.749 times |
| 02 Thu May 2024 | 6.18 | 6.37 | 6.44 | 6.05 | 1.277 times |
| 01 Wed May 2024 | 6.07 | 6.01 | 6.14 | 5.98 | 1.158 times |
| 30 Tue Apr 2024 | 6.01 | 6.15 | 6.15 | 5.99 | 1.086 times |
| 29 Mon Apr 2024 | 6.18 | 6.14 | 6.18 | 6.09 | 1.055 times |
| 26 Fri Apr 2024 | 6.13 | 6.12 | 6.18 | 6.08 | 0.704 times |
| 25 Thu Apr 2024 | 6.07 | 6.21 | 6.25 | 6.06 | 1.497 times |
| 24 Wed Apr 2024 | 6.27 | 6.32 | 6.36 | 6.25 | 0.84 times |
My analysis of stock is bullish for shortterm, and stock might move up till 6.4 or till 6.6. Use a stoploss of 6.25 and if this stock hits its stoploss, then it can fall down till 6.1
Share price targets for Summit Hotel (INN)
| Target Type | Value |
| Downside Target | 5.98 |
| Upside Target | 6.39 |
| Upside Target | 6.44 |
| Upside Target | 6.54 |
| Upside Target | 6.57 |
| Upside Target | 6.63 |
| Upside Target | 6.75 |
| Upside Target | 6.95 |
Intraday share price targets for Summit Hotel (INN)
| Target Type | Value |
| Downside Intraday Target | 6.21 |
| Downside Intraday Target | 6.15 |
| Upside Intraday Target | 6.32 |
| Upside Intraday Target | 6.37 |
| Downside Intraday Target | 6.26 |
Weekly technical analysis of Summit Hotel (INN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 6.27 | 6.29 | 6.31 | 6.20 | 0.357 times |
| 03 Fri May 2024 | 6.25 | 6.14 | 6.44 | 5.98 | 1.014 times |
| 26 Fri Apr 2024 | 6.13 | 6.19 | 6.39 | 6.06 | 1.074 times |
| 19 Fri Apr 2024 | 6.15 | 6.54 | 6.54 | 6.09 | 0.841 times |
| 12 Fri Apr 2024 | 6.50 | 6.50 | 6.63 | 6.35 | 0.997 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 Hotel (INN)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 6.27 | 6.01 | 6.44 | 5.98 | 0.212 times |
| 30 Tue Apr 2024 | 6.01 | 6.57 | 6.63 | 5.99 | 0.935 times |
| 28 Thu Mar 2024 | 6.51 | 6.45 | 6.57 | 6.15 | 0.923 times |
| 29 Thu Feb 2024 | 6.42 | 6.48 | 6.75 | 6.26 | 1.056 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 Hotel (INN)
Price action analysis of Summit Hotel ( (INN) ) 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 Hotel ( (INN) ) 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 Hotel ( (INN) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Summit Hotel ( (INN) ) 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 Hotel stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Summit Hotel 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 Hotel 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. 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 Hotel in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Summit Hotel is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6.16 and Summit Hotel (INN) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Summit Hotel (INN) stock. Volume based technical analysis of Summit Hotel (INN) stock is negative.
Summit Hotel Stock has given negative 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.
Price action analysis of Summit Hotel ( (INN) ) 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 Hotel ( (INN) ) 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 Hotel ( (INN) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Summit Hotel ( (INN) ) 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 Hotel stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Summit Hotel 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 Hotel 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. 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 Hotel in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Summit Hotel is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6.16 and Summit Hotel (INN) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Summit Hotel (INN) stock. Volume based technical analysis of Summit Hotel (INN) stock is negative.
Summit Hotel Stock has given negative 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.