(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 2024-03-11 View latest technical analysis
10 day averaged volume of Summit Hotel is 823610
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Mon Mar 2024 | 6.44 | 6.55 | 6.55 | 6.44 | 0.422 times |
| 08 Fri Mar 2024 | 6.56 | 6.39 | 6.57 | 6.37 | 0.948 times |
| 07 Thu Mar 2024 | 6.31 | 6.45 | 6.47 | 6.31 | 0.771 times |
| 06 Wed Mar 2024 | 6.40 | 6.40 | 6.50 | 6.35 | 0.713 times |
| 05 Tue Mar 2024 | 6.34 | 6.38 | 6.47 | 6.34 | 0.803 times |
| 04 Mon Mar 2024 | 6.43 | 6.48 | 6.56 | 6.42 | 0.795 times |
| 01 Fri Mar 2024 | 6.55 | 6.45 | 6.56 | 6.38 | 1.082 times |
| 29 Thu Feb 2024 | 6.42 | 6.66 | 6.72 | 6.37 | 2.12 times |
| 28 Wed Feb 2024 | 6.59 | 6.39 | 6.64 | 6.39 | 1.118 times |
| 27 Tue Feb 2024 | 6.47 | 6.50 | 6.57 | 6.42 | 0.812 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 6.4 as stoploss in an intra day buy trade for a target of 6.49. However, stock will show a bearish move below 6.4.
Share price targets for Summit Hotel (INN)
| Target Type | Value |
| Downside Target | 5.47 |
| Downside Target | 6.14 |
| Upside Target | 6.55 |
| Upside Target | 6.57 |
| 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 | 6.4 |
| Downside Intraday Target | 6.37 |
| Upside Intraday Target | 6.51 |
| Upside Intraday Target | 6.59 |
| Upside Intraday Target | 6.48 |
Weekly technical analysis of Summit Hotel (INN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Mon Mar 2024 | 6.44 | 6.55 | 6.55 | 6.44 | 0.105 times |
| 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 |
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 Hotel (INN)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 11 Mon Mar 2024 | 6.44 | 6.45 | 6.57 | 6.31 | 0.271 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 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 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 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 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.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Summit Hotel in short term but SELL signal is weak.
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
Stock of Summit Hotel is picking up buying 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 below this level. This means that stock is falling with high volumes. 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 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 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 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 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.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Summit Hotel in short term but SELL signal is weak.
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
Stock of Summit Hotel is picking up buying 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 below this level. This means that stock is falling with high volumes. 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.