(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 2024-07-05 View latest technical analysis
10 day averaged volume of Summit Therapeutics is 3109770
Date | Daily Closing Price | Open | High | Low | Volume |
05 Fri Jul 2024 | 7.24 | 7.11 | 7.34 | 6.90 | 0.635 times |
03 Wed Jul 2024 | 6.89 | 7.70 | 7.74 | 6.78 | 0.692 times |
03 Wed Jul 2024 | 6.89 | 7.70 | 7.74 | 6.78 | 0.692 times |
02 Tue Jul 2024 | 7.54 | 8.14 | 8.19 | 7.53 | 0.858 times |
01 Mon Jul 2024 | 8.14 | 7.84 | 8.31 | 7.81 | 0.693 times |
28 Fri Jun 2024 | 7.80 | 7.90 | 8.05 | 7.63 | 1.474 times |
27 Thu Jun 2024 | 7.87 | 7.77 | 7.94 | 7.65 | 0.489 times |
26 Wed Jun 2024 | 7.77 | 7.97 | 8.18 | 7.66 | 0.696 times |
25 Tue Jun 2024 | 8.01 | 7.93 | 8.49 | 7.91 | 0.813 times |
24 Mon Jun 2024 | 8.00 | 8.00 | 8.47 | 7.90 | 0.908 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 7.4, but if it comes above 7.4, then a intra day buy could be more profitable.
If you take a sell trade below 7.4, then use 7.4 as stoploss and 6.9 as target. However if you take a buy trade in stock , then use 7.4 as stoploss and 7.8 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 | 4.24 |
Downside Target | 5.22 |
Downside Target | 6.78 |
Downside Target | 7.21 |
Upside Target | 7.55 |
Upside Target | 8.22 |
Upside Target | 8.31 |
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 | 6.77 |
Downside Intraday Target | 6.29 |
Upside Intraday Target | 7.73 |
Upside Intraday Target | 8.21 |
Upside Intraday Target | 7.25 |
Weekly technical analysis of Summit Therapeutics (SMMT)
Date | Weekly Closing Price | Open | High | Low | Volume |
05 Fri Jul 2024 | 7.24 | 7.70 | 7.74 | 6.78 | 0.591 times |
03 Wed Jul 2024 | 6.89 | 7.84 | 8.31 | 6.78 | 0.512 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 |
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 |
05 Fri Jul 2024 | 7.24 | 7.84 | 8.31 | 6.78 | 0.125 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 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 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 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 SELL. Signal strength is Weak and stock is gaining 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 weakening, and bulls are picking up momentum!
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 buy signal for Summit Therapeutics in short term but BUY signal is weak.
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 7.64 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 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 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 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 SELL. Signal strength is Weak and stock is gaining 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 weakening, and bulls are picking up momentum!
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 buy signal for Summit Therapeutics in short term but BUY signal is weak.
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 7.64 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.