(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 2024-11-21 View latest technical analysis
10 day averaged volume of Summit Materials is 1167540
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Thu Nov 2024 | 51.16 | 48.66 | 53.49 | 48.21 | 4.034 times |
| 20 Wed Nov 2024 | 48.40 | 48.36 | 48.61 | 47.94 | 0.646 times |
| 19 Tue Nov 2024 | 48.39 | 47.91 | 48.65 | 47.66 | 0.453 times |
| 18 Mon Nov 2024 | 48.52 | 48.39 | 49.00 | 48.04 | 0.529 times |
| 15 Fri Nov 2024 | 48.43 | 48.52 | 48.80 | 47.89 | 0.93 times |
| 14 Thu Nov 2024 | 48.53 | 49.00 | 49.30 | 48.01 | 0.716 times |
| 13 Wed Nov 2024 | 48.68 | 49.18 | 49.49 | 48.47 | 2.989 times |
| 12 Tue Nov 2024 | 48.99 | 50.10 | 50.26 | 48.92 | 0.965 times |
| 11 Mon Nov 2024 | 50.10 | 51.15 | 51.16 | 50.04 | 0.739 times |
| 08 Fri Nov 2024 | 50.41 | 49.86 | 50.79 | 49.06 | 0.936 times |
Stock of Summit Materials (SUM) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 49.9, but if it comes below 49.9, then a intra day sell could be more profitable.
If you take a sell trade below 49.9, then use 49.9 as stoploss and 48.25 as target. However if you take a buy trade in stock , then use 49.9 as stoploss and 52 as target.
Share price targets for Summit Materials (SUM)
| Target Type | Value |
| Downside Target | 34.80 |
| Downside Target | 39.88 |
| Downside Target | 42.02 |
| Downside Target | 45.05 |
| Downside Target | 46.20 |
| Downside Target | 47.66 |
| Downside Target | 47.89 |
| Downside Target | 48.17 |
| Downside Target | 48.22 |
| Downside Target | 51.16 |
| Upside Target | 51.74 |
| Upside Target | 53.49 |
Intraday share price targets for Summit Materials (SUM)
| Target Type | Value |
| Downside Intraday Target | 48.05 |
| Downside Intraday Target | 44.94 |
| Upside Intraday Target | 53.88 |
| Upside Intraday Target | 56.6 |
| Downside Intraday Target | 50.77 |
Weekly technical analysis of Summit Materials (SUM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Thu Nov 2024 | 51.16 | 48.39 | 53.49 | 47.66 | 0.893 times |
| 15 Fri Nov 2024 | 48.43 | 51.15 | 51.16 | 47.89 | 0.905 times |
| 08 Fri Nov 2024 | 50.41 | 47.65 | 51.74 | 46.33 | 0.812 times |
| 01 Fri Nov 2024 | 47.83 | 45.40 | 48.22 | 45.05 | 0.66 times |
| 25 Fri Oct 2024 | 45.10 | 42.10 | 46.20 | 39.88 | 2.257 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 |
| 21 Thu Nov 2024 | 51.16 | 47.88 | 53.49 | 46.33 | 0.6 times |
| 31 Thu Oct 2024 | 47.41 | 38.75 | 48.17 | 36.23 | 2.073 times |
| 30 Mon Sep 2024 | 39.03 | 39.81 | 40.61 | 34.80 | 0.887 times |
| 30 Fri Aug 2024 | 40.50 | 41.78 | 42.02 | 35.71 | 0.943 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Summit Materials ( (SUM) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Summit Materials ( (SUM) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 SELL signal for Summit Materials in short term but the sell signal is initial and weak.
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 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 and the buying is gaining 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 49.63 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Summit Materials ( (SUM) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Summit Materials ( (SUM) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 SELL signal for Summit Materials in short term but the sell signal is initial and weak.
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 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 and the buying is gaining 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 49.63 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.