(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 2024-02-13 View latest technical analysis
10 day averaged volume of Summit Materials is 745860
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Tue Feb 2024 | 37.00 | 37.04 | 37.58 | 36.61 | 1.398 times |
| 12 Mon Feb 2024 | 38.26 | 37.76 | 38.72 | 37.76 | 1.041 times |
| 09 Fri Feb 2024 | 37.66 | 37.61 | 37.79 | 37.45 | 0.681 times |
| 08 Thu Feb 2024 | 37.74 | 37.44 | 38.10 | 37.32 | 1.016 times |
| 07 Wed Feb 2024 | 37.43 | 36.63 | 37.62 | 36.42 | 1.163 times |
| 06 Tue Feb 2024 | 36.31 | 36.34 | 36.85 | 36.08 | 1.427 times |
| 05 Mon Feb 2024 | 36.48 | 36.78 | 36.86 | 36.22 | 0.88 times |
| 02 Fri Feb 2024 | 37.34 | 36.86 | 37.64 | 36.75 | 0.821 times |
| 01 Thu Feb 2024 | 37.37 | 36.57 | 37.39 | 36.09 | 0.934 times |
| 31 Wed Jan 2024 | 36.18 | 37.34 | 37.52 | 36.13 | 1.167 times |
My analysis of stock is bullish for shortterm, and stock might move up till 37.6 or till 38.6. Use a stoploss of 36.73 and if this stock hits its stoploss, then it can fall down till 35.87
Share price targets for Summit Materials (SUM)
| Target Type | Value |
| Downside Target | 30.81 |
| Downside Target | 32.32 |
| Downside Target | 34.38 |
| Downside Target | 36.61 |
| Upside Target | 37.48 |
| Upside Target | 37.91 |
| Upside Target | 38.10 |
| Upside Target | 38.63 |
| Upside Target | 38.72 |
| Upside Target | 39.46 |
Intraday share price targets for Summit Materials (SUM)
| Target Type | Value |
| Downside Intraday Target | 36.17 |
| Downside Intraday Target | 35.33 |
| Upside Intraday Target | 38.28 |
| Upside Intraday Target | 39.55 |
| Upside Intraday Target | 37.44 |
Weekly technical analysis of Summit Materials (SUM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Tue Feb 2024 | 37.00 | 37.76 | 38.72 | 36.61 | 0.472 times |
| 09 Fri Feb 2024 | 37.66 | 36.78 | 38.10 | 36.08 | 1.022 times |
| 02 Fri Feb 2024 | 37.34 | 36.63 | 37.91 | 36.09 | 0.89 times |
| 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 |
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 Materials (SUM)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 13 Tue Feb 2024 | 37.00 | 36.57 | 38.72 | 36.08 | 0.4 times |
| 31 Wed Jan 2024 | 36.18 | 38.10 | 38.63 | 34.38 | 1.299 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 |
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 Materials (SUM)
Price action analysis of Summit Materials ( (SUM) ) 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 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 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 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 BUY signal for Summit Materials in short term and the buy signal is strong.
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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Summit Materials in short term and SELL signal is strong!
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 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 37.12 and Summit Materials (SUM) 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 Materials (SUM) stock. Volume based technical analysis of Summit Materials (SUM) stock is negative.
Summit Materials 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 Materials ( (SUM) ) 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 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 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 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 BUY signal for Summit Materials in short term and the buy signal is strong.
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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Summit Materials in short term and SELL signal is strong!
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 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 37.12 and Summit Materials (SUM) 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 Materials (SUM) stock. Volume based technical analysis of Summit Materials (SUM) stock is negative.
Summit Materials 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.