(SUM) Summit Materials complete technical analysis [charts+indicators] | Buy/Sell Summit Materials | (SUM) share price targets
Complete technical analysis of Summit Materials (SUM) by charts plus indicators, forecast predictions and share price targets for Summit Materials (SUM)
Summit Materials trades in USA in Basic Industries sector.
Showing technical analysis as on 2024-01-26 View latest technical analysis
10 day averaged volume of Summit Materials is 951360
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Fri Jan 2024 | 36.50 | 36.08 | 36.68 | 35.84 | 0.829 times |
| 25 Thu Jan 2024 | 35.88 | 35.74 | 36.38 | 35.57 | 1.015 times |
| 24 Wed Jan 2024 | 35.08 | 36.27 | 36.33 | 35.03 | 0.811 times |
| 23 Tue Jan 2024 | 35.81 | 37.43 | 37.48 | 35.73 | 0.97 times |
| 22 Mon Jan 2024 | 37.00 | 36.70 | 37.08 | 36.58 | 0.832 times |
| 19 Fri Jan 2024 | 36.34 | 36.33 | 36.40 | 35.63 | 0.916 times |
| 18 Thu Jan 2024 | 36.13 | 35.19 | 36.21 | 35.17 | 1.224 times |
| 17 Wed Jan 2024 | 35.10 | 34.47 | 35.29 | 34.38 | 0.928 times |
| 16 Tue Jan 2024 | 34.80 | 35.27 | 35.27 | 34.62 | 1.305 times |
| 12 Fri Jan 2024 | 35.32 | 36.07 | 36.39 | 35.19 | 1 times |
My analysis of stock is bullish for shortterm, and stock might move up till 37.4 or till 38.6. Use a stoploss of 36.42 and if this stock hits its stoploss, then it can fall down till 35.42
Share price targets for Summit Materials (SUM)
| Target Type | Value |
| Downside Target | 29.98 |
| Downside Target | 30.81 |
| Downside Target | 32.32 |
| Downside Target | 34.38 |
| Downside Target | 36.39 |
| Downside Target | 36.40 |
| Upside Target | 37.48 |
| Upside Target | 37.80 |
| Upside Target | 38.53 |
| Upside Target | 38.63 |
| Upside Target | 39.46 |
Intraday share price targets for Summit Materials (SUM)
| Target Type | Value |
| Downside Intraday Target | 35.19 |
| Downside Intraday Target | 33.89 |
| Upside Intraday Target | 37.64 |
| Upside Intraday Target | 38.79 |
| Downside Intraday Target | 36.34 |
Weekly technical analysis of Summit Materials (SUM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Fri Jan 2024 | 36.50 | 36.70 | 37.48 | 35.03 | 1.019 times |
| 19 Fri Jan 2024 | 36.34 | 35.27 | 36.40 | 34.38 | 4.371 times |
| 12 Fri Jan 2024 | 35.32 | 36.07 | 36.39 | 35.19 | 0.296 times |
| 12 Fri Jan 2024 | 35.32 | 36.99 | 37.80 | 35.19 | 1.314 times |
| 05 Fri Jan 2024 | 36.81 | 38.10 | 38.63 | 36.31 | 5.852 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 Materials (SUM)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 26 Fri Jan 2024 | 36.50 | 38.10 | 38.63 | 34.38 | 1.115 times |
| 29 Fri Dec 2023 | 38.46 | 34.83 | 39.46 | 34.56 | 0.84 times |
| 30 Thu Nov 2023 | 34.69 | 32.76 | 35.42 | 32.32 | 0.503 times |
| 31 Tue Oct 2023 | 32.90 | 31.07 | 36.07 | 30.81 | 1.02 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 Materials (SUM)
Price action analysis of Summit Materials ( (SUM) ) 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 Materials ( (SUM) ) 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 Materials ( (SUM) ) based on a short to mid 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 Materials ( (SUM) ) 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 Materials stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Summit Materials in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Summit Materials 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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Summit Materials 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 negative zone. This is the SELL zone
Stock of Summit Materials is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 35.75 and Summit Materials (SUM) 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 Materials (SUM) stock. Volume based technical analysis of Summit Materials (SUM) stock is negative.
Summit Materials Stock is giving positive 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 Materials ( (SUM) ) 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 Materials ( (SUM) ) 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 Materials ( (SUM) ) based on a short to mid 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 Materials ( (SUM) ) 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 Materials stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Summit Materials in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Summit Materials 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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Summit Materials 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 negative zone. This is the SELL zone
Stock of Summit Materials is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 35.75 and Summit Materials (SUM) 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 Materials (SUM) stock. Volume based technical analysis of Summit Materials (SUM) stock is negative.
Summit Materials Stock is giving positive 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.