(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.
Showing technical analysis as on 2024-03-08 View latest technical analysis
10 day averaged volume of Summit Hotel is 876090
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Fri Mar 2024 | 6.56 | 6.39 | 6.57 | 6.37 | 0.891 times |
| 07 Thu Mar 2024 | 6.31 | 6.45 | 6.47 | 6.31 | 0.725 times |
| 06 Wed Mar 2024 | 6.40 | 6.40 | 6.50 | 6.35 | 0.67 times |
| 05 Tue Mar 2024 | 6.34 | 6.38 | 6.47 | 6.34 | 0.755 times |
| 04 Mon Mar 2024 | 6.43 | 6.48 | 6.56 | 6.42 | 0.747 times |
| 01 Fri Mar 2024 | 6.55 | 6.45 | 6.56 | 6.38 | 1.017 times |
| 29 Thu Feb 2024 | 6.42 | 6.66 | 6.72 | 6.37 | 1.993 times |
| 28 Wed Feb 2024 | 6.59 | 6.39 | 6.64 | 6.39 | 1.051 times |
| 27 Tue Feb 2024 | 6.47 | 6.50 | 6.57 | 6.42 | 0.764 times |
| 26 Mon Feb 2024 | 6.45 | 6.63 | 6.66 | 6.45 | 0.787 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 6.6 as stoploss in an intra day sell trade for a target of 6.5. However, stock will show a bullish move above 6.6.
Share price targets for Summit Hotel (INN)
| Target Type | Value |
| Downside Target | 5.47 |
| Downside Target | 6.14 |
| Upside Target | 6.57 |
| Upside Target | 6.67 |
| Upside Target | 6.70 |
| Upside Target | 6.72 |
| Upside Target | 6.75 |
| Upside Target | 6.95 |
| Upside Target | 6.98 |
Intraday share price targets for Summit Hotel (INN)
| Target Type | Value |
| Downside Intraday Target | 6.39 |
| Downside Intraday Target | 6.22 |
| Upside Intraday Target | 6.65 |
| Upside Intraday Target | 6.74 |
| Downside Intraday Target | 6.48 |
Weekly technical analysis of Summit Hotel (INN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Fri Mar 2024 | 6.56 | 6.48 | 6.57 | 6.31 | 0.675 times |
| 01 Fri Mar 2024 | 6.55 | 6.63 | 6.72 | 6.37 | 1.246 times |
| 23 Fri Feb 2024 | 6.67 | 6.40 | 6.75 | 6.34 | 0.867 times |
| 16 Fri Feb 2024 | 6.49 | 6.68 | 6.70 | 6.26 | 1.557 times |
| 09 Fri Feb 2024 | 6.64 | 6.50 | 6.67 | 6.42 | 0.874 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 |
| 08 Fri Mar 2024 | 6.56 | 6.45 | 6.57 | 6.31 | 0.25 times |
| 29 Thu Feb 2024 | 6.42 | 6.48 | 6.75 | 6.26 | 1.056 times |
| 31 Wed Jan 2024 | 6.48 | 6.72 | 6.95 | 6.33 | 0.689 times |
| 29 Fri Dec 2023 | 6.72 | 6.22 | 6.98 | 6.14 | 1.106 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 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 short term time period is neutral. A longer time frame might give a better analysis.
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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Summit Hotel stock for short term is BUY. Signal strength is Weak and stock is gaining 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 but selling is losing 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 6.46 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 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 short term time period is neutral. A longer time frame might give a better analysis.
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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Summit Hotel stock for short term is BUY. Signal strength is Weak and stock is gaining 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 but selling is losing 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 6.46 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.