(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 2024-10-03 View latest technical analysis
10 day averaged volume of Summit Therapeutics is 6231330
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Thu Oct 2024 | 18.61 | 19.29 | 19.29 | 18.36 | 0.478 times |
| 02 Wed Oct 2024 | 19.54 | 19.75 | 20.36 | 19.22 | 0.761 times |
| 01 Tue Oct 2024 | 20.10 | 21.63 | 21.84 | 19.75 | 0.612 times |
| 30 Mon Sep 2024 | 21.90 | 20.50 | 22.05 | 20.25 | 0.54 times |
| 27 Fri Sep 2024 | 20.89 | 21.49 | 21.70 | 19.50 | 0.91 times |
| 26 Thu Sep 2024 | 22.81 | 22.84 | 23.62 | 22.04 | 0.511 times |
| 25 Wed Sep 2024 | 22.64 | 24.82 | 24.84 | 22.37 | 1.017 times |
| 24 Tue Sep 2024 | 24.00 | 21.91 | 24.00 | 21.04 | 1.143 times |
| 23 Mon Sep 2024 | 21.91 | 24.40 | 25.50 | 20.85 | 1.84 times |
| 20 Fri Sep 2024 | 24.39 | 23.16 | 24.95 | 22.96 | 1.6 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 18.7, but if it comes above 18.7, then a intra day buy could be more profitable.
If you take a sell trade below 18.7, then use 18.7 as stoploss and 13.9 as target. However if you take a buy trade in stock , then use 18.7 as stoploss and 22.83 as target.
Share price targets for Summit Therapeutics (SMMT)
| Target Type | Value |
| Downside Target | 6.78 |
| Downside Target | 7.21 |
| Downside Target | 8.88 |
| Downside Target | 9.94 |
| Downside Target | 11.76 |
| Downside Target | 13.08 |
| Downside Target | 14.25 |
| Downside Target | 15.95 |
| Downside Target | 18.36 |
| Upside Target | 19.50 |
| Upside Target | 21.84 |
| Upside Target | 22.93 |
| Upside Target | 25.50 |
| Upside Target | 33.60 |
| Upside Target | 33.89 |
Intraday share price targets for Summit Therapeutics (SMMT)
| Target Type | Value |
| Downside Intraday Target | 17.3 |
| Downside Intraday Target | 15.98 |
| Upside Intraday Target | 20.99 |
| Upside Intraday Target | 23.36 |
| Upside Intraday Target | 19.67 |
Weekly technical analysis of Summit Therapeutics (SMMT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Thu Oct 2024 | 18.61 | 20.50 | 22.05 | 18.36 | 0.441 times |
| 27 Fri Sep 2024 | 20.89 | 24.40 | 25.50 | 19.50 | 0.661 times |
| 20 Fri Sep 2024 | 24.39 | 32.52 | 33.89 | 22.93 | 0.404 times |
| 13 Fri Sep 2024 | 31.93 | 16.06 | 33.60 | 15.95 | 18.156 times |
| 06 Fri Sep 2024 | 12.27 | 12.98 | 13.08 | 11.76 | 3.306 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 |
| 03 Thu Oct 2024 | 18.61 | 21.63 | 21.84 | 18.36 | 0.052 times |
| 30 Mon Sep 2024 | 21.90 | 12.98 | 33.89 | 11.76 | 5.769 times |
| 30 Fri Aug 2024 | 12.98 | 10.84 | 14.25 | 8.88 | 0.792 times |
| 31 Wed Jul 2024 | 10.80 | 7.84 | 11.90 | 6.78 | 0.547 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 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 BUY signal in short term and the buying is gaining 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 22.14 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 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 BUY signal in short term and the buying is gaining 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 22.14 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.