(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 2024-06-04 View latest technical analysis
10 day averaged volume of Summit Hotel is 650673
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 6.11 | 6.12 | 6.24 | 6.11 | 0.715 times |
| 03 Mon Jun 2024 | 6.17 | 6.26 | 6.26 | 6.11 | 0.865 times |
| 31 Fri May 2024 | 6.12 | 6.03 | 6.15 | 6.02 | 2.7 times |
| 30 Thu May 2024 | 6.02 | 6.05 | 6.07 | 5.98 | 0.767 times |
| 29 Wed May 2024 | 6.00 | 5.94 | 6.01 | 5.94 | 1.145 times |
| 28 Tue May 2024 | 6.02 | 6.04 | 6.09 | 5.98 | 0.599 times |
| 24 Fri May 2024 | 6.02 | 6.06 | 6.06 | 5.98 | 0.677 times |
| 23 Thu May 2024 | 6.02 | 6.04 | 6.06 | 5.97 | 1.323 times |
| 22 Wed May 2024 | 6.03 | 6.00 | 6.07 | 6.00 | 0.538 times |
| 21 Tue May 2024 | 6.04 | 5.98 | 6.04 | 5.98 | 0.568 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 6.1, but if it comes below 6.1, then a intra day sell could be more profitable.
If you take a sell trade below 6.1, then use 6.1 as stoploss and 6.07 as target. However if you take a buy trade in stock , then use 6.1 as stoploss and 6.2 as target.
Share price targets for Summit Hotel (INN)
| Target Type | Value |
| Downside Target | 5.94 |
| Upside Target | 6.19 |
| Upside Target | 6.26 |
| Upside Target | 6.31 |
| Upside Target | 6.44 |
| Upside Target | 6.57 |
| Upside Target | 6.63 |
| Upside Target | 6.75 |
Intraday share price targets for Summit Hotel (INN)
| Target Type | Value |
| Downside Intraday Target | 6.06 |
| Downside Intraday Target | 6.01 |
| Upside Intraday Target | 6.21 |
| Upside Intraday Target | 6.31 |
| Upside Intraday Target | 6.16 |
Weekly technical analysis of Summit Hotel (INN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 6.11 | 6.26 | 6.26 | 6.11 | 0.303 times |
| 31 Fri May 2024 | 6.12 | 6.04 | 6.15 | 5.94 | 1.328 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 |
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 |
| 04 Tue Jun 2024 | 6.11 | 6.26 | 6.26 | 6.11 | 0.08 times |
| 31 Fri May 2024 | 6.12 | 6.01 | 6.44 | 5.94 | 0.88 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 |
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 Hotel (INN)
Price action analysis of Summit Hotel ( (INN) ) 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 Hotel ( (INN) ) 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 Hotel ( (INN) ) based on a short to mid 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 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 HIGHS, which reflects strong buying momentum in short term! Bulls 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 SELL signal for Summit Hotel in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 6.07 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 rising upwards.
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 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 Hotel ( (INN) ) 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 Hotel ( (INN) ) based on a short to mid 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 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 HIGHS, which reflects strong buying momentum in short term! Bulls 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 SELL signal for Summit Hotel in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 6.07 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 rising upwards.
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.