(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.
10 day averaged volume of Summit Materials is 2829950
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Mon Jan 2025 | 52.29 | 52.18 | 52.32 | 52.16 | 1.054 times |
| 24 Fri Jan 2025 | 52.16 | 52.21 | 52.25 | 52.16 | 0.562 times |
| 23 Thu Jan 2025 | 52.20 | 52.22 | 52.23 | 52.17 | 1.174 times |
| 22 Wed Jan 2025 | 52.19 | 52.18 | 52.22 | 52.16 | 1.473 times |
| 21 Tue Jan 2025 | 52.15 | 52.24 | 52.27 | 52.15 | 0.787 times |
| 17 Fri Jan 2025 | 52.19 | 52.20 | 52.23 | 52.15 | 0.769 times |
| 17 Fri Jan 2025 | 52.19 | 52.20 | 52.23 | 52.15 | 0.769 times |
| 16 Thu Jan 2025 | 52.19 | 52.15 | 52.19 | 52.12 | 0.859 times |
| 15 Wed Jan 2025 | 52.13 | 52.10 | 52.17 | 52.06 | 1.51 times |
| 14 Tue Jan 2025 | 52.06 | 52.11 | 52.15 | 52.05 | 0.994 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 52.4 as stoploss in an intra day sell trade for a target of 51.82. However, stock will show a bullish move above 52.4.
Share price targets for Summit Materials (SUM)
| Target Type | Value |
| Downside Target | 34.80 |
| Downside Target | 36.23 |
| Downside Target | 40.61 |
| Downside Target | 46.33 |
| Downside Target | 48.17 |
| Downside Target | 50.30 |
| Downside Target | 52.18 |
| Downside Target | 52.23 |
| Downside Target | 52.27 |
| Upside Target | 52.32 |
| Upside Target | 53.49 |
Intraday share price targets for Summit Materials (SUM)
| Target Type | Value |
| Downside Intraday Target | 52.19 |
| Downside Intraday Target | 52.1 |
| Upside Intraday Target | 52.35 |
| Upside Intraday Target | 52.42 |
| Downside Intraday Target | 52.26 |
Weekly technical analysis of Summit Materials (SUM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Mon Jan 2025 | 52.29 | 52.18 | 52.32 | 52.16 | 0.264 times |
| 24 Fri Jan 2025 | 52.16 | 52.24 | 52.27 | 52.15 | 5.192 times |
| 17 Fri Jan 2025 | 52.19 | 52.20 | 52.23 | 52.15 | 0.147 times |
| 17 Fri Jan 2025 | 52.19 | 52.05 | 52.23 | 52.04 | 1.294 times |
| 10 Fri Jan 2025 | 52.05 | 52.13 | 52.18 | 52.02 | 0.5 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 |
| 27 Mon Jan 2025 | 52.29 | 50.72 | 52.32 | 50.65 | 1.456 times |
| 31 Tue Dec 2024 | 50.60 | 50.75 | 51.06 | 50.30 | 0.572 times |
| 26 Tue Nov 2024 | 50.85 | 47.88 | 53.49 | 46.33 | 2.217 times |
| 31 Thu Oct 2024 | 47.41 | 38.75 | 48.17 | 36.23 | 2.073 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 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 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 Materials ( (SUM) ) based on a short to mid 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 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 losing momentum.
MACD generated a SELL signal for Summit Materials in short term but the sell signal is initial and weak.
Summit Materials Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 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 52.17 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 rising upwards.
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 is giving positive 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 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 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 Materials ( (SUM) ) based on a short to mid 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 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 losing momentum.
MACD generated a SELL signal for Summit Materials in short term but the sell signal is initial and weak.
Summit Materials Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 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 52.17 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 rising upwards.
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 is giving positive 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.