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(SMMT) Summit Therapeutics complete technical analysis [charts+indicators] | Buy/Sell Summit Therapeutics | (SMMT) share price targets

Complete technical analysis of Summit Therapeutics (SMMT) by charts plus indicators, forecast predictions and share price targets for Summit Therapeutics (SMMT)

Summit Therapeutics trades in USA in Health Care sector.

Showing technical analysis as on 2025-01-08 View latest technical analysis

10 day averaged volume of Summit Therapeutics is 1829980

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	18.82	18.45	19.39	18.10	1.738 times
08 Wed Jan 2025	18.82	18.45	19.39	18.10	1.738 times
07 Tue Jan 2025	18.16	17.62	18.21	17.37	0.975 times
06 Mon Jan 2025	17.47	18.33	18.55	17.41	1.131 times
03 Fri Jan 2025	18.24	18.25	18.61	18.06	1.008 times
02 Thu Jan 2025	18.35	17.97	18.89	17.75	1.159 times
31 Tue Dec 2024	17.84	17.94	18.31	17.17	1.214 times
30 Mon Dec 2024	17.89	17.89	18.15	17.53	0.676 times
27 Fri Dec 2024	18.21	19.01	19.30	17.98	0.932 times
26 Thu Dec 2024	19.28	18.75	19.55	18.63	0.751 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 18.8, but if it comes below 18.8, then a intra day sell could be more profitable.
If you take a sell trade below 18.8, then use 18.8 as stoploss and 18.29 as target. However if you take a buy trade in stock , then use 18.8 as stoploss and 19.5 as target.

Share price targets for Summit Therapeutics (SMMT)

Target Type	Value
Downside Target	11.76
Downside Target	16.83
Downside Target	17.17
Downside Target	18.03
Upside Target	18.89
Upside Target	19.39
Upside Target	19.55
Upside Target	22.53
Upside Target	24.56
Upside Target	33.89

Intraday share price targets for Summit Therapeutics (SMMT)

Target Type	Value
Downside Intraday Target	18.15
Downside Intraday Target	17.48
Upside Intraday Target	19.44
Upside Intraday Target	20.06
Downside Intraday Target	18.77

Weekly technical analysis of Summit Therapeutics (SMMT)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	18.82	18.45	19.39	18.10	0.452 times
08 Wed Jan 2025	18.82	18.33	19.39	17.37	0.947 times
03 Fri Jan 2025	18.24	17.89	18.89	17.17	1.303 times
27 Fri Dec 2024	18.21	17.97	19.55	17.61	0.365 times
20 Fri Dec 2024	17.87	18.00	19.18	16.83	1.97 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 Therapeutics (SMMT)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	18.82	17.97	19.39	17.37	0.433 times
31 Tue Dec 2024	17.84	18.84	19.55	16.83	0.928 times
26 Tue Nov 2024	19.20	18.98	22.53	18.03	0.513 times
31 Thu Oct 2024	18.59	21.63	24.56	18.10	0.31 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 Therapeutics (SMMT)

Price action analysis of Summit Therapeutics ( (SMMT) ) 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 Therapeutics ( (SMMT) ) 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 Therapeutics ( (SMMT) ) 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 Therapeutics stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Summit Therapeutics 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 Therapeutics 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 coming down

CCI has generated a SELL signal for Summit Therapeutics in short term

RSI is generating a BUY signal in short term but buying 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 Therapeutics is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 18.35 and Summit Therapeutics (SMMT) 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 Therapeutics (SMMT) stock. Volume based technical analysis of Summit Therapeutics (SMMT) stock is negative.

Summit Therapeutics Stock has given negative 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.