(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 2024-06-18 View latest technical analysis
10 day averaged volume of Summit Materials is 798020
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Tue Jun 2024 | 37.01 | 37.40 | 37.45 | 36.74 | 1.004 times |
| 18 Tue Jun 2024 | 37.01 | 37.40 | 37.45 | 36.74 | 1.004 times |
| 17 Mon Jun 2024 | 37.49 | 36.83 | 37.55 | 36.63 | 0.926 times |
| 14 Fri Jun 2024 | 36.93 | 36.58 | 36.93 | 36.26 | 1.008 times |
| 13 Thu Jun 2024 | 37.16 | 37.33 | 37.61 | 37.05 | 1.307 times |
| 12 Wed Jun 2024 | 37.64 | 37.71 | 38.41 | 37.47 | 1.27 times |
| 11 Tue Jun 2024 | 36.83 | 37.24 | 37.51 | 36.77 | 1.332 times |
| 10 Mon Jun 2024 | 37.52 | 37.42 | 37.86 | 37.05 | 0.866 times |
| 07 Fri Jun 2024 | 37.72 | 37.96 | 38.19 | 37.43 | 0.787 times |
| 06 Thu Jun 2024 | 38.09 | 38.07 | 38.34 | 37.89 | 0.804 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 37.2, but if it comes above 37.2, then a intra day buy could be more profitable.
If you take a sell trade below 37.2, then use 37.2 as stoploss and 36.2 as target. However if you take a buy trade in stock , then use 37.2 as stoploss and 38.01 as target.
Share price targets for Summit Materials (SUM)
| Target Type | Value |
| Downside Target | 36.08 |
| Upside Target | 38.41 |
| Upside Target | 39.31 |
| Upside Target | 39.63 |
| Upside Target | 40.62 |
| Upside Target | 42.31 |
| Upside Target | 43.23 |
| Upside Target | 44.78 |
| Upside Target | 44.89 |
Intraday share price targets for Summit Materials (SUM)
| Target Type | Value |
| Downside Intraday Target | 36.68 |
| Downside Intraday Target | 36.36 |
| Upside Intraday Target | 37.39 |
| Upside Intraday Target | 37.78 |
| Upside Intraday Target | 37.07 |
Weekly technical analysis of Summit Materials (SUM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Tue Jun 2024 | 37.01 | 37.40 | 37.45 | 36.74 | 0.52 times |
| 18 Tue Jun 2024 | 37.01 | 36.83 | 37.55 | 36.63 | 0.334 times |
| 14 Fri Jun 2024 | 36.93 | 37.42 | 38.41 | 36.26 | 1.161 times |
| 07 Fri Jun 2024 | 37.72 | 39.24 | 39.31 | 37.31 | 1.019 times |
| 31 Fri May 2024 | 38.64 | 39.57 | 39.63 | 37.42 | 1 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 Materials (SUM)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 18 Tue Jun 2024 | 37.01 | 39.24 | 39.31 | 36.26 | 0.496 times |
| 31 Fri May 2024 | 38.64 | 38.97 | 42.31 | 37.09 | 1.291 times |
| 30 Tue Apr 2024 | 38.90 | 44.71 | 44.89 | 37.81 | 0.755 times |
| 28 Thu Mar 2024 | 44.57 | 42.95 | 44.78 | 40.62 | 0.962 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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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 Materials stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Summit Materials in short term and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Summit Materials in short term
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Summit Materials is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 37.3 and Summit Materials (SUM) 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 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 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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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 Materials stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Summit Materials in short term and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Summit Materials in short term
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Summit Materials is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 37.3 and Summit Materials (SUM) 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 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.