(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 2024-12-26 View latest technical analysis
10 day averaged volume of Summit Materials is 3639925
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Thu Dec 2024 | 50.70 | 50.54 | 50.73 | 50.54 | 0.273 times |
| 24 Tue Dec 2024 | 50.64 | 50.58 | 50.69 | 50.50 | 0.411 times |
| 23 Mon Dec 2024 | 50.59 | 50.55 | 50.75 | 50.53 | 0.539 times |
| 20 Fri Dec 2024 | 50.50 | 50.35 | 50.74 | 50.35 | 1.137 times |
| 19 Thu Dec 2024 | 50.35 | 50.51 | 50.61 | 50.35 | 1.473 times |
| 18 Wed Dec 2024 | 50.37 | 50.80 | 50.80 | 50.30 | 2.078 times |
| 17 Tue Dec 2024 | 50.77 | 50.80 | 50.86 | 50.75 | 0.86 times |
| 16 Mon Dec 2024 | 50.75 | 50.78 | 50.85 | 50.72 | 1.257 times |
| 13 Fri Dec 2024 | 50.78 | 50.86 | 50.92 | 50.74 | 0.579 times |
| 12 Thu Dec 2024 | 50.82 | 50.93 | 51.00 | 50.82 | 0.81 times |
My analysis of stock is bullish for shortterm, and stock might move up till 51.3 or till 52. Use a stoploss of 50.67 and if this stock hits its stoploss, then it can fall down till 50.08
Share price targets for Summit Materials (SUM)
| Target Type | Value |
| Downside Target | 34.80 |
| Downside Target | 35.71 |
| Downside Target | 40.61 |
| Downside Target | 42.02 |
| Downside Target | 46.33 |
| Downside Target | 48.17 |
| Downside Target | 50.30 |
| Upside Target | 50.86 |
| Upside Target | 50.90 |
| Upside Target | 51.06 |
| Upside Target | 53.49 |
Intraday share price targets for Summit Materials (SUM)
| Target Type | Value |
| Downside Intraday Target | 50.55 |
| Downside Intraday Target | 50.4 |
| Upside Intraday Target | 50.8 |
| Upside Intraday Target | 50.9 |
| Downside Intraday Target | 50.65 |
Weekly technical analysis of Summit Materials (SUM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Thu Dec 2024 | 50.70 | 50.55 | 50.75 | 50.50 | 0.18 times |
| 20 Fri Dec 2024 | 50.50 | 50.78 | 50.86 | 50.30 | 1.942 times |
| 13 Fri Dec 2024 | 50.78 | 50.85 | 51.06 | 50.74 | 0.965 times |
| 05 Thu Dec 2024 | 50.75 | 50.75 | 50.90 | 50.72 | 0.273 times |
| 26 Tue Nov 2024 | 50.85 | 50.75 | 50.90 | 50.67 | 5.579 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 Materials (SUM)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 26 Thu Dec 2024 | 50.70 | 50.75 | 51.06 | 50.30 | 0.482 times |
| 26 Tue Nov 2024 | 50.85 | 47.88 | 53.49 | 46.33 | 2.217 times |
| 31 Thu Oct 2024 | 47.41 | 38.75 | 48.17 | 36.23 | 2.073 times |
| 30 Mon Sep 2024 | 39.03 | 39.81 | 40.61 | 34.80 | 0.887 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 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 short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Summit Materials ( (SUM) ) 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Summit Materials in short term but the sell signal is initial and weak.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Summit Materials in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 50.57 and Summit Materials (SUM) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 Materials ( (SUM) ) based on a short 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 short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Summit Materials ( (SUM) ) 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Summit Materials in short term but the sell signal is initial and weak.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Summit Materials in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 50.57 and Summit Materials (SUM) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.