(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 2024-07-31 View latest technical analysis
10 day averaged volume of Summit Hotel is 889880
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Wed Jul 2024 | 6.34 | 6.35 | 6.42 | 6.28 | 1.403 times |
| 30 Tue Jul 2024 | 6.34 | 6.22 | 6.35 | 6.20 | 1.143 times |
| 29 Mon Jul 2024 | 6.16 | 6.14 | 6.18 | 6.08 | 1.191 times |
| 26 Fri Jul 2024 | 6.11 | 6.03 | 6.17 | 5.98 | 1.011 times |
| 25 Thu Jul 2024 | 5.92 | 5.97 | 6.01 | 5.88 | 1.079 times |
| 24 Wed Jul 2024 | 5.93 | 6.10 | 6.14 | 5.93 | 0.799 times |
| 23 Tue Jul 2024 | 6.12 | 6.05 | 6.20 | 6.01 | 0.953 times |
| 22 Mon Jul 2024 | 6.05 | 6.03 | 6.08 | 5.94 | 0.676 times |
| 19 Fri Jul 2024 | 6.00 | 5.98 | 6.05 | 5.89 | 0.834 times |
| 18 Thu Jul 2024 | 5.97 | 6.13 | 6.23 | 5.95 | 1.202 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 6.4, for a target of 6.2 or 5.99
Share price targets for Summit Hotel (INN)
| Target Type | Value |
| Downside Target | 5.66 |
| Downside Target | 5.88 |
| Downside Target | 6.15 |
| Downside Target | 6.20 |
| Downside Target | 6.23 |
| Downside Target | 6.26 |
| Upside Target | 6.42 |
| 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 | 6.14 |
| Downside Intraday Target | 5.94 |
| Upside Intraday Target | 6.48 |
| Upside Intraday Target | 6.62 |
| Downside Intraday Target | 6.28 |
Weekly technical analysis of Summit Hotel (INN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Wed Jul 2024 | 6.34 | 6.14 | 6.42 | 6.08 | 0.827 times |
| 26 Fri Jul 2024 | 6.11 | 6.03 | 6.20 | 5.88 | 0.723 times |
| 19 Fri Jul 2024 | 6.00 | 5.95 | 6.23 | 5.88 | 1.82 times |
| 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 |
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 |
| 31 Wed Jul 2024 | 6.34 | 5.99 | 6.42 | 5.66 | 1.326 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 up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 and the buy signal is strong.
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 green color and prices are above the green 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 but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 6.11 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 positive
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 and the buy signal is strong.
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 green color and prices are above the green 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 but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 6.11 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.