(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 2024-06-03 View latest technical analysis
10 day averaged volume of Summit Therapeutics is 9578830
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 8.84 | 9.84 | 9.94 | 8.72 | 2.365 times |
| 31 Fri May 2024 | 8.69 | 9.07 | 9.50 | 7.52 | 3.584 times |
| 30 Thu May 2024 | 10.92 | 2.85 | 11.25 | 2.64 | 3.34 times |
| 29 Wed May 2024 | 2.94 | 2.34 | 3.05 | 2.30 | 0.821 times |
| 28 Tue May 2024 | 2.39 | 3.38 | 3.38 | 2.10 | 1.414 times |
| 23 Thu May 2024 | 4.32 | 4.41 | 4.43 | 4.25 | 0.207 times |
| 22 Wed May 2024 | 4.39 | 4.50 | 4.54 | 4.30 | 0.124 times |
| 21 Tue May 2024 | 4.39 | 4.52 | 4.61 | 4.35 | 0.148 times |
| 20 Mon May 2024 | 4.54 | 4.43 | 4.57 | 4.43 | 0.101 times |
| 17 Fri May 2024 | 4.44 | 4.54 | 4.63 | 4.43 | 0.123 times |
Stock of Summit Therapeutics (SMMT) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 9.5, for a target of 7.1 or 5.15
Share price targets for Summit Therapeutics (SMMT)
| Target Type | Value |
| Downside Target | 2.10 |
| Downside Target | 3.25 |
| Downside Target | 3.34 |
| Downside Target | 3.42 |
| Downside Target | 4.24 |
| Downside Target | 4.41 |
| Downside Target | 4.61 |
| Downside Target | 5.12 |
| Downside Target | 5.39 |
| Downside Target | 8.72 |
| Upside Target | 9.94 |
| Upside Target | 11.25 |
Intraday share price targets for Summit Therapeutics (SMMT)
| Target Type | Value |
| Downside Intraday Target | 8.39 |
| Downside Intraday Target | 7.95 |
| Upside Intraday Target | 9.61 |
| Upside Intraday Target | 10.39 |
| Upside Intraday Target | 9.17 |
Weekly technical analysis of Summit Therapeutics (SMMT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 8.84 | 9.84 | 9.94 | 8.72 | 0.258 times |
| 31 Fri May 2024 | 8.69 | 3.38 | 11.25 | 2.10 | 15.8 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 |
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 Therapeutics (SMMT)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 8.84 | 9.84 | 9.94 | 8.72 | 0.182 times |
| 31 Fri May 2024 | 8.69 | 3.92 | 11.25 | 2.10 | 3.478 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 |
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 Therapeutics (SMMT)
Price action analysis of Summit Therapeutics ( (SMMT) ) 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 Therapeutics ( (SMMT) ) 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 Therapeutics ( (SMMT) ) 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 Therapeutics ( (SMMT) ) 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 Therapeutics stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Summit Therapeutics in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Summit Therapeutics 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 red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Summit Therapeutics in short term and BUY signal is strong.
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 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 7.97 and Summit Therapeutics (SMMT) 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 Therapeutics (SMMT) stock. Volume based technical analysis of Summit Therapeutics (SMMT) stock is negative.
Summit Therapeutics 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 Therapeutics ( (SMMT) ) 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 Therapeutics ( (SMMT) ) 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 Therapeutics ( (SMMT) ) 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 Therapeutics ( (SMMT) ) 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 Therapeutics stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Summit Therapeutics in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Summit Therapeutics 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 red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Summit Therapeutics in short term and BUY signal is strong.
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 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 7.97 and Summit Therapeutics (SMMT) 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 Therapeutics (SMMT) stock. Volume based technical analysis of Summit Therapeutics (SMMT) stock is negative.
Summit Therapeutics 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.