(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 2024-07-08 View latest technical analysis
10 day averaged volume of Summit Hotel is 600030
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 5.79 | 5.77 | 5.82 | 5.73 | 0.748 times |
| 05 Fri Jul 2024 | 5.72 | 5.77 | 5.79 | 5.72 | 0.987 times |
| 03 Wed Jul 2024 | 5.81 | 5.89 | 5.91 | 5.78 | 0.491 times |
| 03 Wed Jul 2024 | 5.81 | 5.89 | 5.91 | 5.78 | 0.491 times |
| 02 Tue Jul 2024 | 5.85 | 5.76 | 5.85 | 5.74 | 0.907 times |
| 01 Mon Jul 2024 | 5.76 | 5.99 | 6.01 | 5.75 | 1.395 times |
| 28 Fri Jun 2024 | 5.99 | 5.85 | 6.05 | 5.84 | 2.872 times |
| 27 Thu Jun 2024 | 5.82 | 5.76 | 5.83 | 5.72 | 0.712 times |
| 26 Wed Jun 2024 | 5.76 | 5.81 | 5.84 | 5.76 | 0.893 times |
| 25 Tue Jun 2024 | 5.86 | 5.86 | 5.91 | 5.82 | 0.644 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 5.8, but if it comes above 5.8, then a intra day buy could be more profitable.
If you take a sell trade below 5.8, then use 5.8 as stoploss and 5.7 as target. However if you take a buy trade in stock , then use 5.8 as stoploss and 5.84 as target.
Share price targets for Summit Hotel (INN)
| Target Type | Value |
| Downside Target | 5.72 |
| Upside Target | 6.00 |
| 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 | 5.74 |
| Downside Intraday Target | 5.69 |
| Upside Intraday Target | 5.83 |
| Upside Intraday Target | 5.87 |
| Downside Intraday Target | 5.78 |
Weekly technical analysis of Summit Hotel (INN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 5.79 | 5.77 | 5.82 | 5.73 | 0.506 times |
| 05 Fri Jul 2024 | 5.72 | 5.89 | 5.91 | 5.72 | 0.529 times |
| 03 Wed Jul 2024 | 5.81 | 5.99 | 6.01 | 5.74 | 0.488 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 |
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 |
| 08 Mon Jul 2024 | 5.79 | 5.99 | 6.01 | 5.72 | 0.216 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 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 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 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 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.
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 moving up
CCI has generated a buy signal for Summit Hotel in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 5.85 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 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 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 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 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.
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 moving up
CCI has generated a buy signal for Summit Hotel in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 5.85 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.