(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 2024-06-04 View latest technical analysis
10 day averaged volume of Summit Therapeutics is 11712355
Date | Daily Closing Price | Open | High | Low | Volume |
04 Tue Jun 2024 | 7.31 | 8.49 | 8.56 | 7.25 | 0.701 times |
03 Mon Jun 2024 | 8.84 | 9.84 | 9.94 | 8.72 | 1.934 times |
31 Fri May 2024 | 8.69 | 9.07 | 9.50 | 7.52 | 2.931 times |
30 Thu May 2024 | 10.92 | 2.85 | 11.25 | 2.64 | 2.732 times |
29 Wed May 2024 | 2.94 | 2.34 | 3.05 | 2.30 | 0.672 times |
28 Tue May 2024 | 2.39 | 3.38 | 3.38 | 2.10 | 1.157 times |
23 Thu May 2024 | 4.32 | 4.41 | 4.43 | 4.25 | 0.169 times |
22 Wed May 2024 | 4.39 | 4.50 | 4.54 | 4.30 | 0.102 times |
21 Tue May 2024 | 4.39 | 4.52 | 4.61 | 4.35 | 0.121 times |
20 Mon May 2024 | 4.54 | 4.43 | 4.57 | 4.43 | 0.082 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 7.3, but if it comes below 7.3, then a intra day sell could be more profitable.
If you take a sell trade below 7.3, then use 7.3 as stoploss and 5.29 as target. However if you take a buy trade in stock , then use 7.3 as stoploss and 9.7 as target.
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 | 7.25 |
Upside Target | 9.94 |
Upside Target | 11.25 |
Intraday share price targets for Summit Therapeutics (SMMT)
Target Type | Value |
Downside Intraday Target | 6.39 |
Downside Intraday Target | 5.48 |
Upside Intraday Target | 9.08 |
Upside Intraday Target | 10.86 |
Upside Intraday Target | 8.17 |
Weekly technical analysis of Summit Therapeutics (SMMT)
Date | Weekly Closing Price | Open | High | Low | Volume |
04 Tue Jun 2024 | 7.31 | 9.84 | 9.94 | 7.25 | 0.352 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 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 Therapeutics (SMMT)
Date | Monthly Closing Price | Open | High | Low | Volume |
04 Tue Jun 2024 | 7.31 | 9.84 | 9.94 | 7.25 | 0.248 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 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 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 losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Summit Therapeutics in short term but SELL signal is weak.
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 7.96 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 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 losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Summit Therapeutics in short term but SELL signal is weak.
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 7.96 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 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.