(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 2024-06-27 View latest technical analysis
10 day averaged volume of Summit Therapeutics is 2988420
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Thu Jun 2024 | 7.87 | 7.77 | 7.94 | 7.65 | 0.508 times |
| 26 Wed Jun 2024 | 7.77 | 7.97 | 8.18 | 7.66 | 0.724 times |
| 25 Tue Jun 2024 | 8.01 | 7.93 | 8.49 | 7.91 | 0.846 times |
| 24 Mon Jun 2024 | 8.00 | 8.00 | 8.47 | 7.90 | 0.944 times |
| 21 Fri Jun 2024 | 7.93 | 7.79 | 8.15 | 7.71 | 2.793 times |
| 20 Thu Jun 2024 | 7.80 | 7.94 | 8.22 | 7.73 | 0.836 times |
| 18 Tue Jun 2024 | 7.94 | 8.00 | 8.03 | 7.55 | 0.728 times |
| 18 Tue Jun 2024 | 7.94 | 8.00 | 8.03 | 7.55 | 0.728 times |
| 17 Mon Jun 2024 | 7.90 | 8.39 | 8.77 | 7.60 | 1.147 times |
| 14 Fri Jun 2024 | 8.39 | 7.96 | 8.48 | 7.96 | 0.626 times |
My analysis of stock is bearish for shortterm, and stock might move down till 7.7 or till 7.3. Use a stoploss of 8.01 and if the stock hits stoploss, then it can shoot up till 8.35
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 | 5.14 |
| Downside Target | 7.21 |
| Downside Target | 7.52 |
| Upside Target | 8.22 |
| Upside Target | 8.48 |
| Upside Target | 8.49 |
| Upside Target | 8.77 |
| Upside Target | 9.94 |
| Upside Target | 11.25 |
Intraday share price targets for Summit Therapeutics (SMMT)
| Target Type | Value |
| Downside Intraday Target | 7.52 |
| Downside Intraday Target | 7.16 |
| Upside Intraday Target | 8.36 |
| Upside Intraday Target | 8.84 |
| Upside Intraday Target | 8 |
Weekly technical analysis of Summit Therapeutics (SMMT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Thu Jun 2024 | 7.87 | 8.00 | 8.49 | 7.65 | 0.694 times |
| 21 Fri Jun 2024 | 7.93 | 8.00 | 8.22 | 7.55 | 2.324 times |
| 18 Tue Jun 2024 | 7.94 | 8.39 | 8.77 | 7.55 | 0.403 times |
| 14 Fri Jun 2024 | 8.39 | 7.62 | 8.48 | 7.52 | 0.326 times |
| 07 Fri Jun 2024 | 7.72 | 9.84 | 9.94 | 7.21 | 0.486 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 |
| 27 Thu Jun 2024 | 7.87 | 9.84 | 9.94 | 7.21 | 0.676 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 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 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 Therapeutics ( (SMMT) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 SELL signal for Summit Therapeutics in short term but the sell signal is initial and weak.
Summit Therapeutics Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
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 7.94 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 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 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 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 Therapeutics ( (SMMT) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 SELL signal for Summit Therapeutics in short term but the sell signal is initial and weak.
Summit Therapeutics Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
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 7.94 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.