(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 763260
|Date||Daily Closing Price||Open||High||Low||Volume|
|15 Thu Apr 2021||9.97||10.14||10.14||9.84||0.829 times|
|14 Wed Apr 2021||10.08||10.08||10.52||10.05||1.221 times|
|13 Tue Apr 2021||10.02||9.99||10.14||9.78||2.07 times|
|12 Mon Apr 2021||10.08||9.94||10.09||9.92||0.56 times|
|09 Fri Apr 2021||9.98||10.29||10.30||9.84||1.129 times|
|08 Thu Apr 2021||10.19||10.30||10.31||10.04||0.661 times|
|07 Wed Apr 2021||10.34||10.50||10.58||10.17||0.578 times|
|06 Tue Apr 2021||10.46||10.35||10.52||10.29||0.968 times|
|05 Mon Apr 2021||10.39||10.66||10.68||10.26||0.657 times|
|01 Thu Apr 2021||10.50||10.26||10.52||10.21||0.809 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 10, but if it comes above 10, then a intra day buy could be more profitable.
If you take a sell trade below 10, then use 10 as stoploss and 9.7 as target. However if you take a buy trade in stock , then use 10 as stoploss and 10.3 as target.
Share price targets for Summit Hotel (INN)
Intraday share price targets for Summit Hotel (INN)
|Downside Intraday Target||9.66|
|Downside Intraday Target||9.35|
|Upside Intraday Target||10.4|
|Upside Intraday Target||10.83|
|Upside Intraday Target||10.09|
Weekly technical analysis of Summit Hotel (INN)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|15 Thu Apr 2021||9.97||9.94||10.52||9.78||1.172 times|
|09 Fri Apr 2021||9.98||10.66||10.68||9.84||1.009 times|
|01 Thu Apr 2021||10.50||10.49||10.73||10.12||0.675 times|
|26 Fri Mar 2021||10.55||10.69||10.76||9.72||0.796 times|
|19 Fri Mar 2021||10.76||10.78||11.32||10.43||1.63 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|
|15 Thu Apr 2021||9.97||10.26||10.68||9.78||0.331 times|
|31 Wed Mar 2021||10.16||10.73||11.32||9.68||0.709 times|
|26 Fri Feb 2021||10.35||8.20||10.85||8.10||0.903 times|
|29 Fri Jan 2021||8.10||9.09||9.73||8.06||2.002 times|
Scroll below to view daily charts
Price has moved down 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)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||18, 25, 18||Sell|
Price action analysis of Summit Hotel ( (INN) ) 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 Hotel ( (INN) ) based on a short 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.
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 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 Hotel stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Summit Hotel in short term but the sell signal is initial and weak.
Summit Hotel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 coming down
CCI has generated a SELL signal for Summit Hotel in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 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 10.17 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.