(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 2024-03-06 View latest technical analysis
10 day averaged volume of Summit Materials is 1407340
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Mar 2024 | 43.43 | 43.42 | 43.87 | 43.05 | 0.732 times |
| 05 Tue Mar 2024 | 43.15 | 43.53 | 43.99 | 42.77 | 0.937 times |
| 04 Mon Mar 2024 | 43.92 | 43.20 | 44.42 | 43.08 | 1.059 times |
| 01 Fri Mar 2024 | 43.20 | 42.95 | 43.56 | 42.76 | 0.818 times |
| 29 Thu Feb 2024 | 42.71 | 42.90 | 43.23 | 42.59 | 1.096 times |
| 28 Wed Feb 2024 | 42.39 | 42.33 | 42.88 | 42.27 | 0.732 times |
| 27 Tue Feb 2024 | 42.59 | 42.55 | 43.08 | 42.53 | 1.1 times |
| 26 Mon Feb 2024 | 42.25 | 42.26 | 42.65 | 41.97 | 0.791 times |
| 23 Fri Feb 2024 | 42.24 | 42.58 | 42.98 | 42.00 | 0.796 times |
| 22 Thu Feb 2024 | 41.80 | 41.41 | 42.28 | 41.38 | 1.243 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 43.1, but if it comes below 43.1, then a intra day sell could be more profitable.
If you take a sell trade below 43.1, then use 43.1 as stoploss and 40.79 as target. However if you take a buy trade in stock , then use 43.1 as stoploss and 45.9 as target.
Share price targets for Summit Materials (SUM)
| Target Type | Value |
| Downside Target | 32.32 |
| Downside Target | 34.38 |
| Downside Target | 35.42 |
| Downside Target | 38.10 |
| Downside Target | 39.46 |
| Downside Target | 41.97 |
| Downside Target | 42.76 |
| Downside Target | 42.77 |
| Downside Target | 42.98 |
| Downside Target | 43.23 |
| Upside Target | 43.56 |
| Upside Target | 44.42 |
Intraday share price targets for Summit Materials (SUM)
| Target Type | Value |
| Downside Intraday Target | 42.66 |
| Downside Intraday Target | 41.89 |
| Upside Intraday Target | 44.31 |
| Upside Intraday Target | 45.19 |
| Upside Intraday Target | 43.54 |
Weekly technical analysis of Summit Materials (SUM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Mar 2024 | 43.43 | 43.20 | 44.42 | 42.77 | 0.601 times |
| 01 Fri Mar 2024 | 43.20 | 42.26 | 43.56 | 41.97 | 1.025 times |
| 23 Fri Feb 2024 | 42.24 | 41.10 | 42.98 | 39.55 | 0.904 times |
| 16 Fri Feb 2024 | 41.54 | 37.76 | 41.99 | 36.61 | 1.788 times |
| 09 Fri Feb 2024 | 37.66 | 36.78 | 38.10 | 36.08 | 1.022 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 |
| 06 Wed Mar 2024 | 43.43 | 42.95 | 44.42 | 42.76 | 0.212 times |
| 29 Thu Feb 2024 | 42.71 | 36.57 | 43.23 | 36.08 | 1.346 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 |
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 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 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 BUY. Signal strength is Strong 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 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 42.75 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 positive
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 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 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 BUY. Signal strength is Strong 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 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 42.75 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.