(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 2024-09-13 View latest technical analysis
10 day averaged volume of Summit Materials is 836787
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Fri Sep 2024 | 37.71 | 38.38 | 38.93 | 37.64 | 1.154 times |
| 12 Thu Sep 2024 | 37.54 | 36.29 | 37.73 | 35.97 | 1.056 times |
| 11 Wed Sep 2024 | 36.08 | 35.88 | 36.17 | 34.80 | 0.796 times |
| 10 Tue Sep 2024 | 36.19 | 35.93 | 36.28 | 35.64 | 0.667 times |
| 09 Mon Sep 2024 | 35.65 | 35.95 | 36.47 | 35.60 | 1.013 times |
| 06 Fri Sep 2024 | 35.92 | 36.63 | 37.55 | 35.89 | 1.269 times |
| 05 Thu Sep 2024 | 36.51 | 36.82 | 37.19 | 36.28 | 0.741 times |
| 04 Wed Sep 2024 | 36.83 | 37.70 | 37.93 | 36.69 | 1.12 times |
| 03 Tue Sep 2024 | 37.77 | 39.81 | 40.01 | 37.66 | 1.583 times |
| 30 Fri Aug 2024 | 40.50 | 40.08 | 40.60 | 39.78 | 0.877 times |
My analysis of stock is bearish for shortterm, and stock might move down till 36.7 or till 34.7. Use a stoploss of 38.3 and if the stock hits stoploss, then it can shoot up till 39.93
Share price targets for Summit Materials (SUM)
| Target Type | Value |
| Downside Target | 34.64 |
| Downside Target | 37.09 |
| Upside Target | 38.00 |
| Upside Target | 40.01 |
| Upside Target | 40.60 |
| Upside Target | 40.96 |
| Upside Target | 41.99 |
| Upside Target | 42.02 |
| Upside Target | 42.31 |
| Upside Target | 42.78 |
Intraday share price targets for Summit Materials (SUM)
| Target Type | Value |
| Downside Intraday Target | 35.36 |
| Downside Intraday Target | 33.02 |
| Upside Intraday Target | 39.49 |
| Upside Intraday Target | 41.28 |
| Downside Intraday Target | 37.15 |
Weekly technical analysis of Summit Materials (SUM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Fri Sep 2024 | 37.71 | 35.95 | 38.93 | 34.80 | 0.994 times |
| 06 Fri Sep 2024 | 35.92 | 39.81 | 40.01 | 35.89 | 5.377 times |
| 30 Fri Aug 2024 | 40.50 | 40.08 | 40.60 | 39.78 | 0.133 times |
| 30 Fri Aug 2024 | 40.50 | 41.50 | 41.99 | 38.00 | 1.321 times |
| 23 Fri Aug 2024 | 40.36 | 38.84 | 40.96 | 38.53 | 1.28 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 |
| 13 Fri Sep 2024 | 37.71 | 39.81 | 40.01 | 34.80 | 0.368 times |
| 30 Fri Aug 2024 | 40.50 | 41.78 | 42.02 | 35.71 | 0.943 times |
| 31 Wed Jul 2024 | 41.78 | 36.74 | 42.78 | 35.36 | 1.165 times |
| 28 Fri Jun 2024 | 36.61 | 39.24 | 39.31 | 34.64 | 0.882 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 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Summit Materials stock for short term is BUY. 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 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 37.11 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 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 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Summit Materials stock for short term is BUY. 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 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 37.11 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 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.