(SUM) Summit Materials ForceIndex charts technical analysis
(SUM) Summit Materials ForceIndex charts technical analysis ForceIndex analysis of Summit Materials | Buy/Sell Summit Materials
Summit Materials trades in USA in Basic Industries sector.
10 day averaged volume of Summit Materials is 861580
| Date | Closing Price | Open | High | Low | Volume |
| 01 Wed May 2024 | 39.23 | 38.97 | 40.05 | 38.52 | 1.086 Mn |
| 30 Tue Apr 2024 | 38.90 | 39.84 | 39.99 | 38.80 | 1.132 Mn |
| 29 Mon Apr 2024 | 40.13 | 40.07 | 40.58 | 39.69 | 0.884 Mn |
| 26 Fri Apr 2024 | 40.00 | 39.57 | 40.30 | 39.57 | 0.536 Mn |
| 25 Thu Apr 2024 | 39.37 | 38.19 | 39.54 | 38.00 | 0.819 Mn |
| 24 Wed Apr 2024 | 38.93 | 39.32 | 39.65 | 38.58 | 0.58 Mn |
| 23 Tue Apr 2024 | 39.56 | 38.89 | 39.78 | 38.82 | 0.848 Mn |
| 22 Mon Apr 2024 | 38.79 | 38.55 | 39.04 | 38.12 | 0.814 Mn |
| 19 Fri Apr 2024 | 38.31 | 38.50 | 38.89 | 37.81 | 1.001 Mn |
| 18 Thu Apr 2024 | 38.47 | 39.54 | 39.71 | 38.46 | 0.961 Mn |
Indicators analysis of Summit Materials (SUM)
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
ForceIndex charts
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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Summit Materials stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Summit Materials in short term and the sell 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Summit Materials in short term and BUY 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 39.12 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 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.