(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 2024-03-28 View latest technical analysis
10 day averaged volume of Summit Materials is 1044470
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Thu Mar 2024 | 44.57 | 44.03 | 44.78 | 43.88 | 0.857 times |
| 27 Wed Mar 2024 | 44.03 | 43.68 | 44.04 | 43.15 | 0.824 times |
| 26 Tue Mar 2024 | 43.46 | 42.99 | 43.49 | 42.87 | 0.651 times |
| 25 Mon Mar 2024 | 42.82 | 43.36 | 43.57 | 42.80 | 0.632 times |
| 22 Fri Mar 2024 | 43.37 | 43.39 | 43.53 | 42.93 | 0.677 times |
| 21 Thu Mar 2024 | 43.62 | 43.04 | 43.82 | 42.73 | 0.899 times |
| 20 Wed Mar 2024 | 42.62 | 42.28 | 42.88 | 42.20 | 0.851 times |
| 19 Tue Mar 2024 | 42.20 | 41.07 | 42.34 | 41.07 | 1.398 times |
| 18 Mon Mar 2024 | 41.23 | 41.04 | 41.33 | 40.62 | 1.07 times |
| 15 Fri Mar 2024 | 40.82 | 41.36 | 41.90 | 40.64 | 1.745 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 44.9, for a target of 43.8 or 42.84
Share price targets for Summit Materials (SUM)
| Target Type | Value |
| Downside Target | 32.32 |
| Downside Target | 34.38 |
| Downside Target | 35.42 |
| Downside Target | 38.63 |
| Downside Target | 39.46 |
| Downside Target | 40.62 |
| Downside Target | 41.97 |
| Downside Target | 43.23 |
| Downside Target | 43.56 |
| Downside Target | 43.82 |
| Downside Target | 44.42 |
| Upside Target | 44.78 |
Intraday share price targets for Summit Materials (SUM)
| Target Type | Value |
| Downside Intraday Target | 43.32 |
| Downside Intraday Target | 42.07 |
| Upside Intraday Target | 45.3 |
| Upside Intraday Target | 46.03 |
| Downside Intraday Target | 44.05 |
Weekly technical analysis of Summit Materials (SUM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Thu Mar 2024 | 44.57 | 43.36 | 44.78 | 42.80 | 0.606 times |
| 22 Fri Mar 2024 | 43.37 | 41.04 | 43.82 | 40.62 | 0.688 times |
| 15 Fri Mar 2024 | 40.82 | 42.79 | 42.79 | 40.64 | 1.27 times |
| 08 Fri Mar 2024 | 42.99 | 43.20 | 44.42 | 42.77 | 0.916 times |
| 01 Fri Mar 2024 | 43.20 | 42.26 | 43.56 | 41.97 | 1.025 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 |
| 28 Thu Mar 2024 | 44.57 | 42.95 | 44.78 | 40.62 | 0.962 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 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 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 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 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 gaining momentum.
MACD generated a BUY signal for Summit Materials in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Summit Materials Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 BUY signal in short term but buying 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 42.59 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 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 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 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 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 gaining momentum.
MACD generated a BUY signal for Summit Materials in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Summit Materials Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 BUY signal in short term but buying 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 42.59 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.