(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 2024-07-02 View latest technical analysis
10 day averaged volume of Summit Therapeutics is 3096980
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Tue Jul 2024 | 7.54 | 8.14 | 8.19 | 7.53 | 0.862 times |
| 01 Mon Jul 2024 | 8.14 | 7.84 | 8.31 | 7.81 | 0.696 times |
| 28 Fri Jun 2024 | 7.80 | 7.90 | 8.05 | 7.63 | 1.48 times |
| 27 Thu Jun 2024 | 7.87 | 7.77 | 7.94 | 7.65 | 0.491 times |
| 26 Wed Jun 2024 | 7.77 | 7.97 | 8.18 | 7.66 | 0.699 times |
| 25 Tue Jun 2024 | 8.01 | 7.93 | 8.49 | 7.91 | 0.816 times |
| 24 Mon Jun 2024 | 8.00 | 8.00 | 8.47 | 7.90 | 0.911 times |
| 21 Fri Jun 2024 | 7.93 | 7.79 | 8.15 | 7.71 | 2.696 times |
| 20 Thu Jun 2024 | 7.80 | 7.94 | 8.22 | 7.73 | 0.807 times |
| 18 Tue Jun 2024 | 7.94 | 8.00 | 8.03 | 7.55 | 0.702 times |
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 7.5, for a target of 7.7 or 7.94
Share price targets for Summit Therapeutics (SMMT)
| Target Type | Value |
| Downside Target | 2.10 |
| Downside Target | 3.25 |
| Downside Target | 3.34 |
| Downside Target | 4.24 |
| Downside Target | 5.22 |
| Downside Target | 7.21 |
| Downside Target | 7.52 |
| Upside Target | 8.22 |
| Upside Target | 8.31 |
| 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 | 7.28 |
| Downside Intraday Target | 7.01 |
| Upside Intraday Target | 8.06 |
| Upside Intraday Target | 8.57 |
| Upside Intraday Target | 7.79 |
Weekly technical analysis of Summit Therapeutics (SMMT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Tue Jul 2024 | 7.54 | 7.84 | 8.31 | 7.53 | 0.354 times |
| 28 Fri Jun 2024 | 7.80 | 8.00 | 8.49 | 7.63 | 1.046 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 |
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 |
| 02 Tue Jul 2024 | 7.54 | 7.84 | 8.31 | 7.53 | 0.054 times |
| 28 Fri Jun 2024 | 7.80 | 9.84 | 9.94 | 7.21 | 0.712 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 |
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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 Weak 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 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 positive zone. This is a BUY zone
Stock of Summit Therapeutics is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 7.88 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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 Weak 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 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 positive zone. This is a BUY zone
Stock of Summit Therapeutics is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 7.88 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.