(SUM) Summit Materials complete technical analysis [charts+indicators] | Buy/Sell Summit Materials | (SUM) share price targets
Complete technical analysis of Summit Materials (SUM) by charts plus indicators, forecast predictions and share price targets for Summit Materials (SUM)
Summit Materials trades in USA in Basic Industries sector.
Showing technical analysis as on 2024-08-28 View latest technical analysis
10 day averaged volume of Summit Materials is 851327
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Wed Aug 2024 | 39.13 | 38.94 | 39.22 | 38.00 | 1.654 times |
| 27 Tue Aug 2024 | 39.04 | 40.26 | 40.26 | 38.59 | 1.497 times |
| 26 Mon Aug 2024 | 40.51 | 41.50 | 41.99 | 40.40 | 1.451 times |
| 23 Fri Aug 2024 | 40.36 | 39.53 | 40.96 | 39.53 | 1.024 times |
| 22 Thu Aug 2024 | 39.22 | 38.97 | 39.62 | 38.83 | 0.75 times |
| 21 Wed Aug 2024 | 39.05 | 38.94 | 39.21 | 38.53 | 1.658 times |
| 20 Tue Aug 2024 | 38.61 | 39.05 | 39.36 | 38.60 | 0.809 times |
| 19 Mon Aug 2024 | 39.05 | 38.84 | 39.16 | 38.58 | 0.647 times |
| 16 Fri Aug 2024 | 38.84 | 39.59 | 39.67 | 38.77 | 0.614 times |
| 15 Thu Aug 2024 | 39.65 | 39.54 | 39.82 | 38.76 | 0.853 times |
My analysis of stock is bullish for shortterm, and stock might move up till 39.8 or till 40.9. Use a stoploss of 38.81 and if this stock hits its stoploss, then it can fall down till 37.86
Share price targets for Summit Materials (SUM)
| Target Type | Value |
| Downside Target | 34.64 |
| Downside Target | 35.36 |
| Downside Target | 37.09 |
| Upside Target | 39.31 |
| Upside Target | 39.82 |
| Upside Target | 40.96 |
| Upside Target | 41.99 |
| Upside Target | 42.02 |
| Upside Target | 42.31 |
| Upside Target | 42.78 |
| Upside Target | 44.89 |
Intraday share price targets for Summit Materials (SUM)
| Target Type | Value |
| Downside Intraday Target | 37.42 |
| Downside Intraday Target | 35.72 |
| Upside Intraday Target | 41.41 |
| Upside Intraday Target | 43.7 |
| Upside Intraday Target | 39.71 |
Weekly technical analysis of Summit Materials (SUM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Wed Aug 2024 | 39.13 | 41.50 | 41.99 | 38.00 | 0.941 times |
| 23 Fri Aug 2024 | 40.36 | 38.84 | 40.96 | 38.53 | 1.28 times |
| 16 Fri Aug 2024 | 38.84 | 38.56 | 39.82 | 37.35 | 0.575 times |
| 09 Fri Aug 2024 | 38.28 | 36.09 | 39.54 | 35.71 | 1.219 times |
| 02 Fri Aug 2024 | 38.73 | 40.22 | 42.78 | 37.33 | 0.903 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 Materials (SUM)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 28 Wed Aug 2024 | 39.13 | 41.78 | 42.02 | 35.71 | 0.841 times |
| 31 Wed Jul 2024 | 41.78 | 36.74 | 42.78 | 35.36 | 1.165 times |
| 28 Fri Jun 2024 | 36.61 | 39.24 | 39.31 | 34.64 | 0.882 times |
| 31 Fri May 2024 | 38.64 | 38.97 | 42.31 | 37.09 | 1.291 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 Materials (SUM)
Price action analysis of Summit Materials ( (SUM) ) 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 Materials ( (SUM) ) 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 Materials ( (SUM) ) based on a short to mid 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.
Price action analysis of Summit Materials ( (SUM) ) 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 Materials stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Summit Materials in short term and the buy signal is strong.
Summit Materials Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 Materials 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 Materials is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 39.39 and Summit Materials (SUM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Summit Materials (SUM) stock. Volume based technical analysis of Summit Materials (SUM) stock is negative.
Summit Materials Stock is giving positive 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 Materials ( (SUM) ) 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 Materials ( (SUM) ) 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 Materials ( (SUM) ) based on a short to mid 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.
Price action analysis of Summit Materials ( (SUM) ) 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 Materials stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Summit Materials in short term and the buy signal is strong.
Summit Materials Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 Materials 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 Materials is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 39.39 and Summit Materials (SUM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Summit Materials (SUM) stock. Volume based technical analysis of Summit Materials (SUM) stock is negative.
Summit Materials Stock is giving positive 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.