(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 2024-07-02 View latest technical analysis
10 day averaged volume of Summit Hotel is 759940
Date | Daily Closing Price | Open | High | Low | Volume |
02 Tue Jul 2024 | 5.85 | 5.76 | 5.85 | 5.74 | 0.716 times |
01 Mon Jul 2024 | 5.76 | 5.99 | 6.01 | 5.75 | 1.101 times |
28 Fri Jun 2024 | 5.99 | 5.85 | 6.05 | 5.84 | 2.267 times |
27 Thu Jun 2024 | 5.82 | 5.76 | 5.83 | 5.72 | 0.562 times |
26 Wed Jun 2024 | 5.76 | 5.81 | 5.84 | 5.76 | 0.705 times |
25 Tue Jun 2024 | 5.86 | 5.86 | 5.91 | 5.82 | 0.509 times |
24 Mon Jun 2024 | 5.89 | 5.88 | 5.96 | 5.86 | 0.48 times |
21 Fri Jun 2024 | 5.84 | 5.95 | 6.00 | 5.82 | 2.396 times |
20 Thu Jun 2024 | 5.92 | 5.75 | 5.93 | 5.74 | 0.629 times |
18 Tue Jun 2024 | 5.79 | 5.86 | 5.87 | 5.75 | 0.676 times |
My analysis of stock is bearish for shortterm, and stock might move down till 5.8 or till 5.7. Use a stoploss of 5.89 and if the stock hits stoploss, then it can shoot up till 5.98
Share price targets for Summit Hotel (INN)
Target Type | Value |
Downside Target | 5.72 |
Upside Target | 6.01 |
Upside Target | 6.05 |
Upside Target | 6.15 |
Upside Target | 6.26 |
Upside Target | 6.44 |
Upside Target | 6.57 |
Upside Target | 6.63 |
Intraday share price targets for Summit Hotel (INN)
Target Type | Value |
Downside Intraday Target | 5.72 |
Downside Intraday Target | 5.6 |
Upside Intraday Target | 5.99 |
Upside Intraday Target | 6.14 |
Upside Intraday Target | 5.87 |
Weekly technical analysis of Summit Hotel (INN)
Date | Weekly Closing Price | Open | High | Low | Volume |
02 Tue Jul 2024 | 5.85 | 5.99 | 6.01 | 5.74 | 0.402 times |
28 Fri Jun 2024 | 5.99 | 5.88 | 6.05 | 5.72 | 1.223 times |
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 |
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 |
02 Tue Jul 2024 | 5.85 | 5.99 | 6.01 | 5.74 | 0.099 times |
28 Fri Jun 2024 | 5.99 | 6.26 | 6.26 | 5.72 | 1.092 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 |
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Summit Hotel ( (INN) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 SELL signal for Summit Hotel in short term and SELL 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
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 5.86 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Summit Hotel ( (INN) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 SELL signal for Summit Hotel in short term and SELL 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
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 5.86 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 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.