(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 2024-07-12 View latest technical analysis
10 day averaged volume of Summit Hotel is 646730
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Fri Jul 2024 | 5.89 | 5.92 | 5.97 | 5.84 | 1.35 times |
| 11 Thu Jul 2024 | 5.83 | 5.94 | 5.94 | 5.78 | 1.233 times |
| 10 Wed Jul 2024 | 5.79 | 5.71 | 5.79 | 5.70 | 0.674 times |
| 09 Tue Jul 2024 | 5.67 | 5.76 | 5.78 | 5.66 | 0.772 times |
| 08 Mon Jul 2024 | 5.79 | 5.77 | 5.82 | 5.73 | 0.694 times |
| 05 Fri Jul 2024 | 5.72 | 5.77 | 5.79 | 5.72 | 0.916 times |
| 03 Wed Jul 2024 | 5.81 | 5.89 | 5.91 | 5.78 | 0.456 times |
| 03 Wed Jul 2024 | 5.81 | 5.89 | 5.91 | 5.78 | 0.456 times |
| 02 Tue Jul 2024 | 5.85 | 5.76 | 5.85 | 5.74 | 0.842 times |
| 01 Mon Jul 2024 | 5.76 | 5.99 | 6.01 | 5.75 | 1.294 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 5.9 as stoploss in an intra day sell trade for a target of 5.82. However, stock will show a bullish move above 5.9.
Share price targets for Summit Hotel (INN)
| Target Type | Value |
| Downside Target | 5.66 |
| Upside Target | 5.91 |
| 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 | 5.71 |
| Downside Intraday Target | 5.53 |
| Upside Intraday Target | 6.02 |
| Upside Intraday Target | 6.15 |
| Downside Intraday Target | 5.84 |
Weekly technical analysis of Summit Hotel (INN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Fri Jul 2024 | 5.89 | 5.77 | 5.97 | 5.66 | 3.444 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, 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 |
| 12 Fri Jul 2024 | 5.89 | 5.99 | 6.01 | 5.66 | 0.402 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 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 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 to mid 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 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 BUY. 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 in or above the red cloud Prices appear to be moving up
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 5.8 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 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 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 to mid 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 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 BUY. 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 in or above the red cloud Prices appear to be moving up
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 5.8 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 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.