(SMMT) Summit Therapeutics complete technical analysis [charts+indicators] | Buy/Sell Summit Therapeutics | (SMMT) share price targets
Complete technical analysis of Summit Therapeutics (SMMT) by charts plus indicators, forecast predictions and share price targets for Summit Therapeutics (SMMT)
Summit Therapeutics trades in USA in Health Care sector.
Showing technical analysis as on 2024-05-28 View latest technical analysis
10 day averaged volume of Summit Therapeutics is 1539724
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 2.39 | 3.38 | 3.38 | 2.10 | 8.799 times |
| 23 Thu May 2024 | 4.32 | 4.41 | 4.43 | 4.25 | 1.288 times |
| 22 Wed May 2024 | 4.39 | 4.50 | 4.54 | 4.30 | 0.774 times |
| 21 Tue May 2024 | 4.39 | 4.52 | 4.61 | 4.35 | 0.92 times |
| 20 Mon May 2024 | 4.54 | 4.43 | 4.57 | 4.43 | 0.625 times |
| 17 Fri May 2024 | 4.44 | 4.54 | 4.63 | 4.43 | 0.763 times |
| 16 Thu May 2024 | 4.51 | 4.47 | 4.64 | 4.41 | 0.857 times |
| 15 Wed May 2024 | 4.49 | 4.81 | 4.89 | 4.41 | 1.192 times |
| 14 Tue May 2024 | 4.69 | 4.88 | 5.12 | 4.68 | 1.083 times |
| 13 Mon May 2024 | 4.80 | 4.60 | 5.08 | 4.51 | 1.342 times |
Stock of Summit Therapeutics (SMMT) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 3.2, for a target of 3.8 or 4.4
Share price targets for Summit Therapeutics (SMMT)
| Target Type | Value |
| Downside Target | 2.10 |
| Upside Target | 2.53 |
| Upside Target | 3.25 |
| Upside Target | 3.34 |
| Upside Target | 3.85 |
| Upside Target | 4.24 |
| Upside Target | 4.41 |
| Upside Target | 4.61 |
| Upside Target | 4.72 |
| Upside Target | 4.99 |
| Upside Target | 5.12 |
| Upside Target | 5.14 |
| Upside Target | 5.22 |
| Upside Target | 5.39 |
Intraday share price targets for Summit Therapeutics (SMMT)
| Target Type | Value |
| Downside Intraday Target | 1.87 |
| Downside Intraday Target | 1.34 |
| Upside Intraday Target | 3.15 |
| Upside Intraday Target | 3.9 |
| Upside Intraday Target | 2.62 |
Weekly technical analysis of Summit Therapeutics (SMMT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 2.39 | 3.38 | 3.38 | 2.10 | 2.44 times |
| 23 Thu May 2024 | 4.32 | 4.43 | 4.61 | 4.25 | 0.689 times |
| 17 Fri May 2024 | 4.44 | 4.60 | 5.12 | 4.41 | 0.634 times |
| 10 Fri May 2024 | 4.65 | 4.40 | 5.39 | 4.32 | 0.927 times |
| 03 Fri May 2024 | 4.39 | 3.88 | 4.99 | 3.85 | 1.941 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Summit Therapeutics (SMMT)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 2.39 | 3.92 | 5.39 | 2.10 | 1.407 times |
| 30 Tue Apr 2024 | 3.93 | 4.21 | 4.24 | 3.34 | 0.645 times |
| 28 Thu Mar 2024 | 4.14 | 4.56 | 5.22 | 3.25 | 1.369 times |
| 29 Thu Feb 2024 | 4.54 | 3.94 | 5.14 | 3.42 | 0.836 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 Therapeutics (SMMT)
Price action analysis of Summit Therapeutics ( (SMMT) ) 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 Therapeutics ( (SMMT) ) 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 Therapeutics ( (SMMT) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Summit Therapeutics ( (SMMT) ) 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 Therapeutics stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Summit Therapeutics in short term and the sell signal is strong.
Summit Therapeutics 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 and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Summit Therapeutics in short term and SELL 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 Therapeutics is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 3.46 and Summit Therapeutics (SMMT) 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 Therapeutics (SMMT) stock. Volume based technical analysis of Summit Therapeutics (SMMT) stock is negative.
Summit Therapeutics 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 Therapeutics ( (SMMT) ) 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 Therapeutics ( (SMMT) ) 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 Therapeutics ( (SMMT) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Summit Therapeutics ( (SMMT) ) 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 Therapeutics stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Summit Therapeutics in short term and the sell signal is strong.
Summit Therapeutics 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 and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Summit Therapeutics in short term and SELL 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 Therapeutics is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 3.46 and Summit Therapeutics (SMMT) 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 Therapeutics (SMMT) stock. Volume based technical analysis of Summit Therapeutics (SMMT) stock is negative.
Summit Therapeutics 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.