(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 2024-11-15 View latest technical analysis
10 day averaged volume of Summit Therapeutics is 1974660
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Fri Nov 2024 | 18.31 | 19.45 | 19.45 | 18.23 | 1.087 times |
| 14 Thu Nov 2024 | 19.45 | 20.00 | 20.15 | 19.37 | 0.95 times |
| 13 Wed Nov 2024 | 19.47 | 21.27 | 21.74 | 19.43 | 0.964 times |
| 12 Tue Nov 2024 | 20.76 | 21.56 | 22.25 | 20.74 | 0.95 times |
| 11 Mon Nov 2024 | 21.77 | 21.90 | 22.53 | 21.42 | 1.096 times |
| 08 Fri Nov 2024 | 21.41 | 21.21 | 21.83 | 20.72 | 0.88 times |
| 07 Thu Nov 2024 | 21.10 | 21.19 | 21.68 | 20.26 | 1.158 times |
| 06 Wed Nov 2024 | 20.89 | 20.16 | 20.96 | 19.01 | 1.161 times |
| 05 Tue Nov 2024 | 20.39 | 20.10 | 20.55 | 19.70 | 0.702 times |
| 04 Mon Nov 2024 | 19.96 | 19.41 | 20.56 | 18.80 | 0.972 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 19.2, but if it comes above 19.2, then a intra day buy could be more profitable.
If you take a sell trade below 19.2, then use 19.2 as stoploss and 17.8 as target. However if you take a buy trade in stock , then use 19.2 as stoploss and 20.28 as target.
Share price targets for Summit Therapeutics (SMMT)
| Target Type | Value |
| Downside Target | 6.78 |
| Downside Target | 8.88 |
| Downside Target | 11.76 |
| Downside Target | 14.25 |
| Downside Target | 18.10 |
| Upside Target | 18.80 |
| Upside Target | 19.34 |
| Upside Target | 21.83 |
| Upside Target | 22.53 |
| Upside Target | 22.90 |
| Upside Target | 24.56 |
| Upside Target | 33.89 |
Intraday share price targets for Summit Therapeutics (SMMT)
| Target Type | Value |
| Downside Intraday Target | 16.85 |
| Downside Intraday Target | 15.39 |
| Upside Intraday Target | 21.15 |
| Upside Intraday Target | 23.99 |
| Upside Intraday Target | 19.69 |
Weekly technical analysis of Summit Therapeutics (SMMT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Fri Nov 2024 | 18.31 | 21.90 | 22.53 | 18.23 | 1.036 times |
| 08 Fri Nov 2024 | 21.41 | 19.41 | 21.83 | 18.80 | 0.711 times |
| 01 Fri Nov 2024 | 18.99 | 21.41 | 22.90 | 18.10 | 1.534 times |
| 25 Fri Oct 2024 | 21.26 | 21.16 | 22.19 | 19.34 | 0.553 times |
| 18 Fri Oct 2024 | 21.21 | 19.55 | 24.56 | 19.55 | 1.35 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 |
| 15 Fri Nov 2024 | 18.31 | 18.98 | 22.53 | 18.23 | 0.318 times |
| 31 Thu Oct 2024 | 18.59 | 21.63 | 24.56 | 18.10 | 0.31 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 |
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 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 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 Strong 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 red color and prices are below the red 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 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 20.36 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 negative.
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 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 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 Strong 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 red color and prices are below the red 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 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 20.36 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.