Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-02-04 View latest technical analysis

10 day averaged volume of Summit Materials is 2907690

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Feb 2025	52.33	52.38	52.39	52.30	0.439 times
03 Mon Feb 2025	52.33	52.28	52.38	52.28	1.616 times
31 Fri Jan 2025	52.31	52.38	52.39	52.19	1.037 times
30 Thu Jan 2025	52.42	52.40	52.42	52.30	1.243 times
29 Wed Jan 2025	52.37	52.31	52.42	52.28	0.712 times
28 Tue Jan 2025	52.28	52.33	52.35	52.24	0.476 times
27 Mon Jan 2025	52.29	52.18	52.32	52.16	1.026 times
24 Fri Jan 2025	52.16	52.21	52.25	52.16	0.547 times
23 Thu Jan 2025	52.20	52.22	52.23	52.17	1.143 times
22 Wed Jan 2025	52.19	52.18	52.22	52.16	1.433 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 52.3, but if it comes below 52.3, then a intra day sell could be more profitable.
If you take a sell trade below 52.3, then use 52.3 as stoploss and 52.2 as target. However if you take a buy trade in stock , then use 52.3 as stoploss and 52.5 as target.

Share price targets for Summit Materials (SUM)

Target Type	Value
Downside Target	36.23
Downside Target	46.33
Downside Target	48.17
Downside Target	50.30
Downside Target	52.27
Downside Target	52.28
Upside Target	52.39
Upside Target	52.42
Upside Target	53.49

Intraday share price targets for Summit Materials (SUM)

Target Type	Value
Downside Intraday Target	52.28
Downside Intraday Target	52.22
Upside Intraday Target	52.39
Upside Intraday Target	52.44
Upside Intraday Target	52.33

Weekly technical analysis of Summit Materials (SUM)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Feb 2025	52.33	52.28	52.39	52.28	0.457 times
31 Fri Jan 2025	52.31	52.18	52.42	52.16	1.156 times
24 Fri Jan 2025	52.16	52.24	52.27	52.15	5.192 times
17 Fri Jan 2025	52.19	52.20	52.23	52.15	0.147 times
17 Fri Jan 2025	52.19	52.05	52.23	52.04	1.294 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
04 Tue Feb 2025	52.33	52.28	52.39	52.28	0.072 times
31 Fri Jan 2025	52.31	50.72	52.42	50.65	1.658 times
31 Tue Dec 2024	50.60	50.75	51.06	50.30	0.572 times
26 Tue Nov 2024	50.85	47.88	53.49	46.33	2.217 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 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 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 SELL signal for Summit Materials in short term but the sell signal is initial and weak.

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 above the green cloud Prices appear to be coming down

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 but selling 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 52.29 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.