(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 2024-08-02 View latest technical analysis
10 day averaged volume of Summit Hotel is 922350
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Fri Aug 2024 | 6.19 | 6.10 | 6.26 | 6.05 | 2.098 times |
| 01 Thu Aug 2024 | 6.20 | 6.33 | 6.41 | 6.18 | 1.231 times |
| 31 Wed Jul 2024 | 6.34 | 6.35 | 6.42 | 6.28 | 1.354 times |
| 30 Tue Jul 2024 | 6.34 | 6.22 | 6.35 | 6.20 | 1.103 times |
| 29 Mon Jul 2024 | 6.16 | 6.14 | 6.18 | 6.08 | 1.149 times |
| 26 Fri Jul 2024 | 6.11 | 6.03 | 6.17 | 5.98 | 0.976 times |
| 25 Thu Jul 2024 | 5.92 | 5.97 | 6.01 | 5.88 | 1.041 times |
| 24 Wed Jul 2024 | 5.93 | 6.10 | 6.14 | 5.93 | 0.771 times |
| 23 Tue Jul 2024 | 6.12 | 6.05 | 6.20 | 6.01 | 0.919 times |
| 22 Mon Jul 2024 | 6.05 | 6.03 | 6.08 | 5.94 | 0.653 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 bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 6.2 as stoploss in an intra day sell trade for a target of 6.03. However, stock will show a bullish move above 6.2.
Share price targets for Summit Hotel (INN)
| Target Type | Value |
| Downside Target | 5.66 |
| Downside Target | 5.88 |
| Downside Target | 6.05 |
| Upside Target | 6.20 |
| Upside Target | 6.23 |
| Upside Target | 6.26 |
| Upside Target | 6.41 |
| Upside Target | 6.42 |
| Upside Target | 6.44 |
| Upside Target | 6.63 |
Intraday share price targets for Summit Hotel (INN)
| Target Type | Value |
| Downside Intraday Target | 6.02 |
| Downside Intraday Target | 5.85 |
| Upside Intraday Target | 6.39 |
| Upside Intraday Target | 6.59 |
| Upside Intraday Target | 6.22 |
Weekly technical analysis of Summit Hotel (INN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Fri Aug 2024 | 6.19 | 6.14 | 6.42 | 6.05 | 1.591 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, 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 |
| 02 Fri Aug 2024 | 6.19 | 6.33 | 6.41 | 6.05 | 0.166 times |
| 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 |
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Summit Hotel in short term and the buy signal is strong.
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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Summit Hotel in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 6.16 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Summit Hotel in short term and the buy signal is strong.
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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Summit Hotel in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 6.16 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.