(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 2024-06-21 View latest technical analysis
10 day averaged volume of Summit Hotel is 673510
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 5.84 | 5.95 | 6.00 | 5.82 | 2.703 times |
| 20 Thu Jun 2024 | 5.92 | 5.75 | 5.93 | 5.74 | 0.709 times |
| 18 Tue Jun 2024 | 5.79 | 5.86 | 5.87 | 5.75 | 0.762 times |
| 18 Tue Jun 2024 | 5.79 | 5.86 | 5.87 | 5.75 | 0.762 times |
| 17 Mon Jun 2024 | 5.83 | 5.75 | 5.84 | 5.73 | 0.752 times |
| 14 Fri Jun 2024 | 5.81 | 5.84 | 5.88 | 5.76 | 0.882 times |
| 13 Thu Jun 2024 | 5.90 | 5.95 | 5.99 | 5.87 | 0.924 times |
| 12 Wed Jun 2024 | 5.94 | 6.05 | 6.15 | 5.91 | 1.597 times |
| 11 Tue Jun 2024 | 5.88 | 5.97 | 5.99 | 5.88 | 1.049 times |
| 10 Mon Jun 2024 | 6.01 | 5.94 | 6.02 | 5.89 | 1.816 times |
Stock of Summit Hotel (INN) has showed a significant fall. This could be a good time to exit from this stock.
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 5.8 as stoploss in an intra day buy trade for a target of 5.96. However, stock will show a bearish move below 5.8.
Share price targets for Summit Hotel (INN)
| Target Type | Value |
| Downside Target | 5.73 |
| Upside Target | 6.15 |
| Upside Target | 6.26 |
| 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 | 5.72 |
| Downside Intraday Target | 5.6 |
| Upside Intraday Target | 5.98 |
| Upside Intraday Target | 6.12 |
| Upside Intraday Target | 5.86 |
Weekly technical analysis of Summit Hotel (INN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 5.84 | 5.86 | 6.00 | 5.74 | 2.756 times |
| 18 Tue Jun 2024 | 5.79 | 5.75 | 5.87 | 5.73 | 0.242 times |
| 14 Fri Jun 2024 | 5.81 | 5.94 | 6.15 | 5.76 | 1.706 times |
| 07 Fri Jun 2024 | 5.99 | 6.26 | 6.26 | 5.98 | 0.73 times |
| 31 Fri May 2024 | 6.12 | 6.04 | 6.15 | 5.94 | 1.328 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Summit Hotel (INN)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 5.84 | 6.26 | 6.26 | 5.73 | 0.824 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 SELL signal for Summit Hotel in short term and the sell signal is strong.
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 coming down
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 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 Hotel is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 5.88 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 SELL signal for Summit Hotel in short term and the sell signal is strong.
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 coming down
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 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 Hotel is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 5.88 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.