(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 2024-03-20 View latest technical analysis
10 day averaged volume of Summit Materials is 1304580
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 42.62 | 42.28 | 42.88 | 42.20 | 0.681 times |
| 19 Tue Mar 2024 | 42.20 | 41.07 | 42.34 | 41.07 | 1.119 times |
| 18 Mon Mar 2024 | 41.23 | 41.04 | 41.33 | 40.62 | 0.857 times |
| 15 Fri Mar 2024 | 40.82 | 41.36 | 41.90 | 40.64 | 1.397 times |
| 14 Thu Mar 2024 | 41.64 | 41.63 | 41.96 | 41.18 | 1.004 times |
| 13 Wed Mar 2024 | 41.98 | 42.04 | 42.60 | 41.76 | 1.104 times |
| 12 Tue Mar 2024 | 42.16 | 42.15 | 42.56 | 42.02 | 1.063 times |
| 11 Mon Mar 2024 | 42.15 | 42.79 | 42.79 | 41.93 | 1.125 times |
| 08 Fri Mar 2024 | 42.99 | 43.59 | 43.74 | 42.87 | 0.645 times |
| 07 Thu Mar 2024 | 43.35 | 43.74 | 44.17 | 43.31 | 0.896 times |
My analysis of stock is bullish for shortterm, and stock might move up till 43.2 or till 44.1. Use a stoploss of 42.44 and if this stock hits its stoploss, then it can fall down till 41.69
Share price targets for Summit Materials (SUM)
| Target Type | Value |
| Downside Target | 32.32 |
| Downside Target | 34.38 |
| Downside Target | 35.42 |
| Downside Target | 38.63 |
| Downside Target | 39.46 |
| Downside Target | 40.62 |
| Downside Target | 41.97 |
| Upside Target | 42.88 |
| Upside Target | 42.98 |
| Upside Target | 43.23 |
| Upside Target | 43.56 |
| Upside Target | 44.42 |
Intraday share price targets for Summit Materials (SUM)
| Target Type | Value |
| Downside Intraday Target | 41.2 |
| Downside Intraday Target | 39.78 |
| Upside Intraday Target | 43.46 |
| Upside Intraday Target | 44.3 |
| Downside Intraday Target | 42.04 |
Weekly technical analysis of Summit Materials (SUM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 42.62 | 41.04 | 42.88 | 40.62 | 0.467 times |
| 15 Fri Mar 2024 | 40.82 | 42.79 | 42.79 | 40.64 | 1.27 times |
| 08 Fri Mar 2024 | 42.99 | 43.20 | 44.42 | 42.77 | 0.916 times |
| 01 Fri Mar 2024 | 43.20 | 42.26 | 43.56 | 41.97 | 1.025 times |
| 23 Fri Feb 2024 | 42.24 | 41.10 | 42.98 | 39.55 | 0.904 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 |
| 20 Wed Mar 2024 | 42.62 | 42.95 | 44.42 | 40.62 | 0.761 times |
| 29 Thu Feb 2024 | 42.71 | 36.57 | 43.23 | 36.08 | 1.346 times |
| 31 Wed Jan 2024 | 36.18 | 38.10 | 38.63 | 34.38 | 1.299 times |
| 29 Fri Dec 2023 | 38.46 | 34.83 | 39.46 | 34.56 | 0.84 times |
Scroll below to view daily charts
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 Materials (SUM)
Price action analysis of Summit Materials ( (SUM) ) based on a short 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 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 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 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 Weak 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 SELL signal in short term and selling is picking up 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 42.01 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 falling down
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 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.
Price action analysis of Summit Materials ( (SUM) ) based on a short 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 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 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 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 Weak 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 SELL signal in short term and selling is picking up 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 42.01 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 falling down
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 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.