(INN) Summit Hotel complete technical analysis [charts+indicators] | Buy/Sell Summit Hotel | (INN) share price targets
Complete technical analysis of Summit Hotel (INN) by charts plus indicators, forecast predictions and share price targets for Summit Hotel (INN)
Summit Hotel trades in USA in Consumer Services sector.
Showing technical analysis as on 2024-11-21 View latest technical analysis
10 day averaged volume of Summit Hotel is 532470
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Thu Nov 2024 | 6.23 | 6.11 | 6.24 | 6.08 | 1.847 times |
| 20 Wed Nov 2024 | 6.08 | 6.06 | 6.12 | 6.04 | 0.92 times |
| 19 Tue Nov 2024 | 6.10 | 6.02 | 6.15 | 5.98 | 0.854 times |
| 18 Mon Nov 2024 | 6.09 | 6.19 | 6.22 | 6.09 | 0.623 times |
| 15 Fri Nov 2024 | 6.19 | 6.34 | 6.35 | 6.17 | 0.922 times |
| 14 Thu Nov 2024 | 6.31 | 6.54 | 6.57 | 6.31 | 0.9 times |
| 13 Wed Nov 2024 | 6.51 | 6.55 | 6.60 | 6.47 | 0.64 times |
| 12 Tue Nov 2024 | 6.51 | 6.45 | 6.55 | 6.43 | 1.022 times |
| 11 Mon Nov 2024 | 6.53 | 6.63 | 6.65 | 6.51 | 0.841 times |
| 08 Fri Nov 2024 | 6.55 | 6.39 | 6.58 | 6.33 | 2.139 times |
My analysis of stock is bearish for shortterm, and stock might move down till 6.1 or till 5.9. Use a stoploss of 6.28 and if the stock hits stoploss, then it can shoot up till 6.45
Share price targets for Summit Hotel (INN)
| Target Type | Value |
| Downside Target | 5.66 |
| Downside Target | 5.94 |
| Upside Target | 6.42 |
| Upside Target | 6.43 |
| Upside Target | 6.54 |
| Upside Target | 6.58 |
| Upside Target | 6.65 |
| Upside Target | 6.97 |
| Upside Target | 7.08 |
| Upside Target | 7.22 |
Intraday share price targets for Summit Hotel (INN)
| Target Type | Value |
| Downside Intraday Target | 6.06 |
| Downside Intraday Target | 5.89 |
| Upside Intraday Target | 6.32 |
| Upside Intraday Target | 6.41 |
| Downside Intraday Target | 6.15 |
Weekly technical analysis of Summit Hotel (INN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Thu Nov 2024 | 6.23 | 6.19 | 6.24 | 5.98 | 0.981 times |
| 15 Fri Nov 2024 | 6.19 | 6.63 | 6.65 | 6.17 | 0.465 times |
| 08 Fri Nov 2024 | 6.55 | 6.08 | 6.58 | 5.94 | 1.764 times |
| 01 Fri Nov 2024 | 6.11 | 6.30 | 6.43 | 6.09 | 0.923 times |
| 25 Fri Oct 2024 | 6.22 | 6.48 | 6.54 | 6.09 | 0.963 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 Hotel (INN)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Thu Nov 2024 | 6.23 | 6.15 | 6.65 | 5.94 | 0.571 times |
| 31 Thu Oct 2024 | 6.12 | 6.86 | 7.22 | 6.09 | 1.096 times |
| 30 Mon Sep 2024 | 6.86 | 6.73 | 7.08 | 6.18 | 0.855 times |
| 30 Fri Aug 2024 | 6.79 | 6.33 | 6.97 | 5.94 | 1.02 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 Hotel (INN)
Price action analysis of Summit Hotel ( (INN) ) 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 Hotel ( (INN) ) 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 Hotel ( (INN) ) 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 Hotel ( (INN) ) based on a mid to longer 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.
ADX buy sell signal for Summit Hotel stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Summit Hotel 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 Hotel 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 Prices appear to be moving up
CCI has generated a buy signal for Summit Hotel in short term but BUY signal is weak.
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 Hotel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6.33 and Summit Hotel (INN) 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 Hotel (INN) stock. Volume based technical analysis of Summit Hotel (INN) stock is negative.
Summit Hotel 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 Hotel ( (INN) ) 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 Hotel ( (INN) ) 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 Hotel ( (INN) ) 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 Hotel ( (INN) ) based on a mid to longer 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.
ADX buy sell signal for Summit Hotel stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Summit Hotel 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 Hotel 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 Prices appear to be moving up
CCI has generated a buy signal for Summit Hotel in short term but BUY signal is weak.
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 Hotel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6.33 and Summit Hotel (INN) 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 Hotel (INN) stock. Volume based technical analysis of Summit Hotel (INN) stock is negative.
Summit Hotel 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.