(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.
10 day averaged volume of Summit Hotel is 775140
Date | Daily Closing Price | Open | High | Low | Volume |
11 Mon Nov 2024 | 6.53 | 6.63 | 6.65 | 6.51 | 0.577 times |
08 Fri Nov 2024 | 6.55 | 6.39 | 6.58 | 6.33 | 1.469 times |
07 Thu Nov 2024 | 6.40 | 6.50 | 6.51 | 6.37 | 0.782 times |
06 Wed Nov 2024 | 6.49 | 6.38 | 6.52 | 6.25 | 1.782 times |
05 Tue Nov 2024 | 6.06 | 5.99 | 6.18 | 5.94 | 1.41 times |
04 Mon Nov 2024 | 6.18 | 6.08 | 6.27 | 6.07 | 0.939 times |
01 Fri Nov 2024 | 6.11 | 6.15 | 6.23 | 6.09 | 0.782 times |
31 Thu Oct 2024 | 6.12 | 6.40 | 6.40 | 6.11 | 1.045 times |
30 Wed Oct 2024 | 6.37 | 6.28 | 6.43 | 6.28 | 0.807 times |
29 Tue Oct 2024 | 6.30 | 6.22 | 6.32 | 6.20 | 0.574 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 6.5, but if it comes below 6.5, then a intra day sell could be more profitable.
If you take a sell trade below 6.5, then use 6.5 as stoploss and 6.36 as target. However if you take a buy trade in stock , then use 6.5 as stoploss and 6.8 as target.
Share price targets for Summit Hotel (INN)
Target Type | Value |
Downside Target | 5.66 |
Downside Target | 5.94 |
Downside Target | 6.09 |
Downside Target | 6.42 |
Upside Target | 6.54 |
Upside Target | 6.58 |
Upside Target | 6.65 |
Upside Target | 6.75 |
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 | 6.48 |
Downside Intraday Target | 6.42 |
Upside Intraday Target | 6.62 |
Upside Intraday Target | 6.7 |
Upside Intraday Target | 6.56 |
Weekly technical analysis of Summit Hotel (INN)
Date | Weekly Closing Price | Open | High | Low | Volume |
11 Mon Nov 2024 | 6.53 | 6.63 | 6.65 | 6.51 | 0.09 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 |
18 Fri Oct 2024 | 6.51 | 6.64 | 6.75 | 6.50 | 0.893 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 Hotel (INN)
Date | Monthly Closing Price | Open | High | Low | Volume |
11 Mon Nov 2024 | 6.53 | 6.15 | 6.65 | 5.94 | 0.339 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 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 Hotel ( (INN) ) 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 Hotel ( (INN) ) based on a short to mid 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 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 gaining momentum.
MACD generated a BUY signal for Summit Hotel in short term but the buy signal is initial and weak.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 buy signal for Summit Hotel 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 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 6.32 and Summit Hotel (INN) 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 Hotel (INN) stock. Volume based technical analysis of Summit Hotel (INN) stock is negative.
Summit Hotel Stock is giving positive 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 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 Hotel ( (INN) ) 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 Hotel ( (INN) ) based on a short to mid 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 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 gaining momentum.
MACD generated a BUY signal for Summit Hotel in short term but the buy signal is initial and weak.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 buy signal for Summit Hotel 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 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 6.32 and Summit Hotel (INN) 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 Hotel (INN) stock. Volume based technical analysis of Summit Hotel (INN) stock is negative.
Summit Hotel Stock is giving positive 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.