(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 2024-08-08 View latest technical analysis
10 day averaged volume of Summit Hotel is 1287000
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 6.32 | 6.31 | 6.34 | 6.25 | 0.431 times |
| 07 Wed Aug 2024 | 6.24 | 6.37 | 6.40 | 6.22 | 0.821 times |
| 06 Tue Aug 2024 | 6.33 | 6.06 | 6.34 | 6.01 | 0.946 times |
| 05 Mon Aug 2024 | 6.07 | 6.01 | 6.16 | 5.94 | 1.818 times |
| 02 Fri Aug 2024 | 6.19 | 6.10 | 6.26 | 6.05 | 1.503 times |
| 01 Thu Aug 2024 | 6.20 | 6.33 | 6.41 | 6.18 | 0.882 times |
| 31 Wed Jul 2024 | 6.34 | 6.35 | 6.42 | 6.28 | 0.97 times |
| 30 Tue Jul 2024 | 6.34 | 6.22 | 6.35 | 6.20 | 0.791 times |
| 29 Mon Jul 2024 | 6.16 | 6.14 | 6.18 | 6.08 | 0.823 times |
| 26 Fri Jul 2024 | 6.11 | 6.03 | 6.17 | 5.98 | 0.699 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 6.3, but if it comes below 6.3, then a intra day sell could be more profitable.
If you take a sell trade below 6.3, then use 6.3 as stoploss and 6.12 as target. However if you take a buy trade in stock , then use 6.3 as stoploss and 6.4 as target.
Share price targets for Summit Hotel (INN)
| Target Type | Value |
| Downside Target | 5.66 |
| Downside Target | 5.88 |
| Downside Target | 6.20 |
| Downside Target | 6.23 |
| Downside Target | 6.26 |
| Upside Target | 6.40 |
| 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 | 6.04 |
| Downside Intraday Target | 5.76 |
| Upside Intraday Target | 6.5 |
| Upside Intraday Target | 6.68 |
| Downside Intraday Target | 6.22 |
Weekly technical analysis of Summit Hotel (INN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 6.32 | 6.01 | 6.40 | 5.94 | 0.808 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 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 Thu Aug 2024 | 6.32 | 6.33 | 6.41 | 5.94 | 0.445 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 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 neutral. A longer time frame might give a better analysis.
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 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 moving up
CCI has generated a buy signal for Summit Hotel in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 6.21 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 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 neutral. A longer time frame might give a better analysis.
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 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 moving up
CCI has generated a buy signal for Summit Hotel in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 6.21 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.