(INN) Summit Hotel complete technical analysis [charts+indicators] | Buy/Sell Summit Hotel | (INN) share price targets
Complete technical analysis of Summit Hotel (INN) by charts plus indicators, forecast predictions and share price targets for Summit Hotel (INN)
Summit Hotel trades in USA in Consumer Services sector.
10 day averaged volume of Summit Hotel is 632840
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Thu May 2024 | 6.18 | 6.37 | 6.44 | 6.05 | 1.226 times |
| 01 Wed May 2024 | 6.07 | 6.01 | 6.14 | 5.98 | 1.111 times |
| 30 Tue Apr 2024 | 6.01 | 6.15 | 6.15 | 5.99 | 1.042 times |
| 29 Mon Apr 2024 | 6.18 | 6.14 | 6.18 | 6.09 | 1.012 times |
| 26 Fri Apr 2024 | 6.13 | 6.12 | 6.18 | 6.08 | 0.676 times |
| 25 Thu Apr 2024 | 6.07 | 6.21 | 6.25 | 6.06 | 1.437 times |
| 24 Wed Apr 2024 | 6.27 | 6.32 | 6.36 | 6.25 | 0.807 times |
| 23 Tue Apr 2024 | 6.37 | 6.26 | 6.39 | 6.26 | 0.971 times |
| 22 Mon Apr 2024 | 6.26 | 6.19 | 6.27 | 6.11 | 1.15 times |
| 19 Fri Apr 2024 | 6.15 | 6.13 | 6.20 | 6.09 | 0.799 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 6.1 as stoploss in an intra day buy trade for a target of 6.3. However, stock will show a bearish move below 6.1.
Share price targets for Summit Hotel (INN)
| Target Type | Value |
| Downside Target | 5.98 |
| Upside Target | 6.44 |
| Upside Target | 6.54 |
| Upside Target | 6.57 |
| Upside Target | 6.63 |
| Upside Target | 6.75 |
| Upside Target | 6.95 |
Intraday share price targets for Summit Hotel (INN)
| Target Type | Value |
| Downside Intraday Target | 5.96 |
| Downside Intraday Target | 5.74 |
| Upside Intraday Target | 6.42 |
| Upside Intraday Target | 6.66 |
| Upside Intraday Target | 6.2 |
Weekly technical analysis of Summit Hotel (INN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Thu May 2024 | 6.18 | 6.14 | 6.44 | 5.98 | 0.871 times |
| 26 Fri Apr 2024 | 6.13 | 6.19 | 6.39 | 6.06 | 1.074 times |
| 19 Fri Apr 2024 | 6.15 | 6.54 | 6.54 | 6.09 | 0.841 times |
| 12 Fri Apr 2024 | 6.50 | 6.50 | 6.63 | 6.35 | 0.997 times |
| 05 Fri Apr 2024 | 6.45 | 6.57 | 6.57 | 6.25 | 1.321 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 Hotel (INN)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 02 Thu May 2024 | 6.18 | 6.01 | 6.44 | 5.98 | 0.102 times |
| 30 Tue Apr 2024 | 6.01 | 6.57 | 6.63 | 5.99 | 0.935 times |
| 28 Thu Mar 2024 | 6.51 | 6.45 | 6.57 | 6.15 | 0.923 times |
| 29 Thu Feb 2024 | 6.42 | 6.48 | 6.75 | 6.26 | 1.056 times |
Scroll below to view daily charts
Price has moved up 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 Hotel (INN)
Price action analysis of Summit Hotel ( (INN) ) 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 Hotel ( (INN) ) 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 Hotel ( (INN) ) 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 Hotel ( (INN) ) based on a mid to longer 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.
ADX buy sell signal for Summit Hotel stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Summit Hotel in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Summit Hotel 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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Summit Hotel in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Summit Hotel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6.16 and Summit Hotel (INN) 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 Hotel (INN) stock. Volume based technical analysis of Summit Hotel (INN) stock is negative.
Summit Hotel 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 Hotel ( (INN) ) 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 Hotel ( (INN) ) 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 Hotel ( (INN) ) 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 Hotel ( (INN) ) based on a mid to longer 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.
ADX buy sell signal for Summit Hotel stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Summit Hotel in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Summit Hotel 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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Summit Hotel in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Summit Hotel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6.16 and Summit Hotel (INN) 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 Hotel (INN) stock. Volume based technical analysis of Summit Hotel (INN) stock is negative.
Summit Hotel 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.