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(SUMMITSEC) Summit Securities complete technical analysis [charts+indicators] | Buy/Sell Summit Securities | (SUMMITSEC) share price targets

Complete technical analysis of Summit Securities (SUMMITSEC) by charts plus indicators, forecast predictions and share price targets for Summit Securities (SUMMITSEC)

10 day averaged volume of Summit Securities is 7893

Date Daily Closing Price Open High Low Volume
31 Fri May 2024 1377.50 1407.45 1414.00 1368.00 0.668 times
30 Thu May 2024 1403.95 1379.00 1435.00 1356.05 1.862 times
29 Wed May 2024 1370.30 1409.00 1409.00 1365.00 1.211 times
28 Tue May 2024 1405.70 1416.75 1422.55 1391.95 0.769 times
27 Mon May 2024 1413.20 1438.65 1438.65 1406.55 0.685 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1402.6, but if it comes above 1402.6, then a intra day buy could be more profitable.
If you take a sell trade below 1402.6, then use 1402.6 as stoploss and 1348.9 as target. However if you take a buy trade in stock , then use 1402.6 as stoploss and 1447.47 as target.

Share price targets for Summit Securities (SUMMITSEC)

Target Type Value
Downside Target 1129.95
Downside Target 1175.20
Downside Target 1200.10
Downside Target 1356.05
Upside Target 1418.50
Upside Target 1455.00
Upside Target 1525.00
Upside Target 1527.95
Upside Target 1533.00
Upside Target 1539.95
Upside Target 1562.00

Intraday share price targets for Summit Securities (SUMMITSEC)

Target Type Value
Downside Intraday Target 1342.82
Downside Intraday Target 1308.13
Upside Intraday Target 1425.42
Upside Intraday Target 1473.33
Upside Intraday Target 1390.73

Weekly technical analysis of Summit Securities (SUMMITSEC)

Date Weekly Closing Price Open High Low Volume
31 Fri May 2024 1377.50 1438.65 1438.65 1356.05 1.081 times
24 Fri May 2024 1435.05 1525.05 1527.95 1387.10 0.426 times
17 Fri May 2024 1523.75 1418.50 1562.00 1371.00 1.288 times
10 Fri May 2024 1440.10 1490.00 1525.00 1418.50 0.472 times
03 Fri May 2024 1474.65 1389.00 1539.95 1371.55 1.21 times

Price has moved down 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 Securities (SUMMITSEC)

Date Monthly Closing Price Open High Low Volume
31 Fri May 2024 1377.50 1480.75 1562.00 1356.05 1.067 times
30 Tue Apr 2024 1444.65 1250.00 1533.00 1175.20 1.855 times
28 Thu Mar 2024 1222.00 1330.00 1433.95 1129.95 0.845 times
29 Thu Feb 2024 1326.60 1408.00 1455.00 1200.10 0.999 times

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 Securities (SUMMITSEC)

Indicator Name Indicator Value Indicator Signal
ADX 17, 21, 11 Sell
MACD 20, 41Sell
Stochastics 14Sell
CCI -88Sell
RSI 52Buy
OBV 1714Sell
VWAP 1415Sell
ADL 0Sell
ROC -10Sell
Force Index 0Sell

Price action analysis of Summit Securities ( (SUMMITSEC) ) 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 Securities ( (SUMMITSEC) ) 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 Securities ( (SUMMITSEC) ) 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 Securities ( (SUMMITSEC) ) 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 Securities stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Summit Securities in short term but the sell signal is initial and weak.

Summit Securities Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 coming down

CCI has generated a SELL signal for Summit Securities in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Summit Securities is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1415.03 and Summit Securities (SUMMITSEC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Summit Securities (SUMMITSEC) stock. Volume based technical analysis of Summit Securities (SUMMITSEC) stock is negative.

Summit Securities Stock has given negative 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.

Click here for Summit Securities charts

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