(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 2024-08-05 View latest technical analysis
10 day averaged volume of Summit Hotel is 1041630
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 6.07 | 6.01 | 6.16 | 5.94 | 2.247 times |
| 02 Fri Aug 2024 | 6.19 | 6.10 | 6.26 | 6.05 | 1.858 times |
| 01 Thu Aug 2024 | 6.20 | 6.33 | 6.41 | 6.18 | 1.09 times |
| 31 Wed Jul 2024 | 6.34 | 6.35 | 6.42 | 6.28 | 1.199 times |
| 30 Tue Jul 2024 | 6.34 | 6.22 | 6.35 | 6.20 | 0.977 times |
| 29 Mon Jul 2024 | 6.16 | 6.14 | 6.18 | 6.08 | 1.017 times |
| 26 Fri Jul 2024 | 6.11 | 6.03 | 6.17 | 5.98 | 0.864 times |
| 25 Thu Jul 2024 | 5.92 | 5.97 | 6.01 | 5.88 | 0.922 times |
| 24 Wed Jul 2024 | 5.93 | 6.10 | 6.14 | 5.93 | 0.682 times |
| 23 Tue Jul 2024 | 6.12 | 6.05 | 6.20 | 6.01 | 0.814 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, and stock might move up till 6.2 or till 6.4. Use a stoploss of 6.04 and if this stock hits its stoploss, then it can fall down till 5.87
Share price targets for Summit Hotel (INN)
| Target Type | Value |
| Downside Target | 5.66 |
| Downside Target | 5.88 |
| Upside Target | 6.16 |
| 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 | 5.95 |
| Downside Intraday Target | 5.84 |
| Upside Intraday Target | 6.17 |
| Upside Intraday Target | 6.28 |
| Downside Intraday Target | 6.06 |
Weekly technical analysis of Summit Hotel (INN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 6.07 | 6.01 | 6.16 | 5.94 | 0.366 times |
| 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 |
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 |
| 05 Mon Aug 2024 | 6.07 | 6.33 | 6.41 | 5.94 | 0.292 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 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 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 to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
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 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 in or below the green cloud Prices appear to be coming down
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 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 6.15 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 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 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 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 to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
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 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 in or below the green cloud Prices appear to be coming down
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 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 6.15 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.