(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.
Showing technical analysis as on 2024-05-28 View latest technical analysis
10 day averaged volume of Summit Hotel is 472937
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 6.02 | 6.04 | 6.09 | 5.98 | 0.824 times |
| 24 Fri May 2024 | 6.02 | 6.06 | 6.06 | 5.98 | 0.932 times |
| 23 Thu May 2024 | 6.02 | 6.04 | 6.06 | 5.97 | 1.821 times |
| 22 Wed May 2024 | 6.03 | 6.00 | 6.07 | 6.00 | 0.74 times |
| 21 Tue May 2024 | 6.04 | 5.98 | 6.04 | 5.98 | 0.781 times |
| 20 Mon May 2024 | 6.00 | 6.03 | 6.03 | 5.99 | 1.125 times |
| 17 Fri May 2024 | 6.01 | 6.10 | 6.10 | 5.98 | 0.92 times |
| 16 Thu May 2024 | 6.07 | 5.99 | 6.09 | 5.97 | 1.265 times |
| 15 Wed May 2024 | 6.05 | 6.19 | 6.19 | 6.05 | 0.771 times |
| 14 Tue May 2024 | 6.13 | 6.12 | 6.16 | 6.05 | 1.068 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 as stoploss in an intra day buy trade for a target of 6.08. However, stock will show a bearish move below 6.
Share price targets for Summit Hotel (INN)
| Target Type | Value |
| Downside Target | 5.97 |
| Upside Target | 6.26 |
| Upside Target | 6.31 |
| Upside Target | 6.33 |
| Upside Target | 6.44 |
| 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 | 5.97 |
| Downside Intraday Target | 5.92 |
| Upside Intraday Target | 6.08 |
| Upside Intraday Target | 6.14 |
| Upside Intraday Target | 6.03 |
Weekly technical analysis of Summit Hotel (INN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 6.02 | 6.04 | 6.09 | 5.98 | 0.153 times |
| 24 Fri May 2024 | 6.02 | 6.03 | 6.07 | 5.97 | 1.173 times |
| 17 Fri May 2024 | 6.01 | 6.13 | 6.19 | 5.97 | 0.797 times |
| 10 Fri May 2024 | 6.06 | 6.29 | 6.31 | 6.02 | 0.844 times |
| 03 Fri May 2024 | 6.25 | 6.14 | 6.44 | 5.98 | 1.014 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 Hotel (INN)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 6.02 | 6.01 | 6.44 | 5.97 | 0.673 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 neutral. A longer time frame might give a better analysis.
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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Summit Hotel in short term but the buy signal is initial and weak.
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 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 buy signal for Summit Hotel 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
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 6.04 and Summit Hotel (INN) 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 Hotel (INN) stock. Volume based technical analysis of Summit Hotel (INN) stock is negative.
Summit Hotel 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 Hotel ( (INN) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Summit Hotel in short term but the buy signal is initial and weak.
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 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 buy signal for Summit Hotel 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
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 6.04 and Summit Hotel (INN) 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 Hotel (INN) stock. Volume based technical analysis of Summit Hotel (INN) stock is negative.
Summit Hotel 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.