(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.
10 day averaged volume of Summit Materials is 3339254
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri Dec 2024 | 50.50 | 50.35 | 50.74 | 50.35 | 1.239 times |
| 19 Thu Dec 2024 | 50.35 | 50.51 | 50.61 | 50.35 | 1.606 times |
| 18 Wed Dec 2024 | 50.37 | 50.80 | 50.80 | 50.30 | 2.265 times |
| 17 Tue Dec 2024 | 50.77 | 50.80 | 50.86 | 50.75 | 0.937 times |
| 16 Mon Dec 2024 | 50.75 | 50.78 | 50.85 | 50.72 | 1.37 times |
| 13 Fri Dec 2024 | 50.78 | 50.86 | 50.92 | 50.74 | 0.631 times |
| 12 Thu Dec 2024 | 50.82 | 50.93 | 51.00 | 50.82 | 0.883 times |
| 11 Wed Dec 2024 | 50.93 | 50.96 | 51.06 | 50.91 | 0.933 times |
| 10 Tue Dec 2024 | 50.90 | 50.88 | 50.95 | 50.83 | 0.531 times |
| 09 Mon Dec 2024 | 50.82 | 50.85 | 50.94 | 50.79 | 0.84 times |
My analysis of stock is bullish for shortterm, and stock might move up till 51.3 or till 52.5. Use a stoploss of 50.34 and if this stock hits its stoploss, then it can fall down till 49.35
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 | 47.66 |
| Downside Target | 50.30 |
| 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 | 50.25 |
| Downside Intraday Target | 49.99 |
| Upside Intraday Target | 50.81 |
| Upside Intraday Target | 51.11 |
| Upside Intraday Target | 50.55 |
Weekly technical analysis of Summit Materials (SUM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 22 Fri Nov 2024 | 51.66 | 48.39 | 53.49 | 47.66 | 1.17 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Summit Materials (SUM)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 20 Fri Dec 2024 | 50.50 | 50.75 | 51.06 | 50.30 | 0.431 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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 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 positive zone. This is a BUY zone
Stock of Summit Materials is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 50.62 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 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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 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 positive zone. This is a BUY zone
Stock of Summit Materials is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 50.62 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.