(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 2024-10-01 View latest technical analysis
10 day averaged volume of Summit Materials is 1021760
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Tue Oct 2024 | 37.82 | 38.75 | 38.99 | 37.74 | 1.306 times |
| 30 Mon Sep 2024 | 39.03 | 38.40 | 39.10 | 38.28 | 0.919 times |
| 27 Fri Sep 2024 | 38.71 | 39.36 | 39.61 | 38.38 | 0.828 times |
| 26 Thu Sep 2024 | 39.21 | 39.19 | 40.10 | 39.03 | 0.79 times |
| 25 Wed Sep 2024 | 38.59 | 38.74 | 39.01 | 38.39 | 0.704 times |
| 24 Tue Sep 2024 | 38.57 | 39.22 | 39.34 | 38.48 | 0.819 times |
| 23 Mon Sep 2024 | 38.98 | 39.41 | 39.96 | 38.57 | 1.213 times |
| 20 Fri Sep 2024 | 39.36 | 40.18 | 40.38 | 39.32 | 1.932 times |
| 19 Thu Sep 2024 | 40.28 | 40.54 | 40.61 | 39.39 | 0.891 times |
| 18 Wed Sep 2024 | 39.15 | 39.34 | 40.28 | 38.71 | 0.87 times |
My analysis of stock is bearish for shortterm, and stock might move down till 36.7 or till 35.1. Use a stoploss of 37.98 and if the stock hits stoploss, then it can shoot up till 39.3
Share price targets for Summit Materials (SUM)
| Target Type | Value |
| Downside Target | 34.64 |
| Downside Target | 37.73 |
| Upside Target | 38.99 |
| Upside Target | 39.10 |
| Upside Target | 39.31 |
| Upside Target | 40.01 |
| Upside Target | 40.10 |
| Upside Target | 40.61 |
| Upside Target | 42.02 |
| Upside Target | 42.78 |
Intraday share price targets for Summit Materials (SUM)
| Target Type | Value |
| Downside Intraday Target | 37.34 |
| Downside Intraday Target | 36.86 |
| Upside Intraday Target | 38.7 |
| Upside Intraday Target | 39.58 |
| Upside Intraday Target | 38.22 |
Weekly technical analysis of Summit Materials (SUM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Tue Oct 2024 | 37.82 | 38.40 | 39.10 | 37.74 | 0.511 times |
| 27 Fri Sep 2024 | 38.71 | 39.41 | 40.10 | 38.38 | 0.78 times |
| 20 Fri Sep 2024 | 39.36 | 38.08 | 40.61 | 37.73 | 1.455 times |
| 13 Fri Sep 2024 | 37.71 | 35.95 | 38.93 | 34.80 | 0.994 times |
| 06 Fri Sep 2024 | 35.92 | 39.81 | 40.01 | 35.89 | 5.377 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 |
| 01 Tue Oct 2024 | 37.82 | 38.75 | 38.99 | 37.74 | 0.07 times |
| 30 Mon Sep 2024 | 39.03 | 39.81 | 40.61 | 34.80 | 0.887 times |
| 30 Fri Aug 2024 | 40.50 | 41.78 | 42.02 | 35.71 | 0.943 times |
| 31 Wed Jul 2024 | 41.78 | 36.74 | 42.78 | 35.36 | 1.165 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 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 Materials ( (SUM) ) 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 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 SELL signal for Summit Materials in short term but the sell signal is initial and weak.
Summit Materials 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 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 38.97 and Summit Materials (SUM) 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 Materials (SUM) stock. Volume based technical analysis of Summit Materials (SUM) stock is negative.
Summit Materials 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 Materials ( (SUM) ) 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 Materials ( (SUM) ) 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 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 SELL signal for Summit Materials in short term but the sell signal is initial and weak.
Summit Materials 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 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 38.97 and Summit Materials (SUM) 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 Materials (SUM) stock. Volume based technical analysis of Summit Materials (SUM) stock is negative.
Summit Materials 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.