(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 2024-09-05 View latest technical analysis
10 day averaged volume of Summit Hotel is 615220
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 6.48 | 6.63 | 6.64 | 6.48 | 0.947 times |
| 04 Wed Sep 2024 | 6.58 | 6.70 | 6.83 | 6.57 | 1.044 times |
| 03 Tue Sep 2024 | 6.73 | 6.73 | 6.80 | 6.70 | 0.912 times |
| 30 Fri Aug 2024 | 6.79 | 6.77 | 6.83 | 6.70 | 1.326 times |
| 30 Fri Aug 2024 | 6.79 | 6.77 | 6.83 | 6.70 | 1.326 times |
| 29 Thu Aug 2024 | 6.74 | 6.69 | 6.81 | 6.64 | 0.963 times |
| 28 Wed Aug 2024 | 6.64 | 6.65 | 6.68 | 6.56 | 1.079 times |
| 27 Tue Aug 2024 | 6.68 | 6.79 | 6.83 | 6.66 | 0.895 times |
| 26 Mon Aug 2024 | 6.83 | 6.97 | 6.97 | 6.82 | 0.731 times |
| 23 Fri Aug 2024 | 6.89 | 6.79 | 6.94 | 6.76 | 1.176 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 6.4 as stoploss in an intra day buy trade for a target of 6.61. However, stock will show a bearish move below 6.4.
Share price targets for Summit Hotel (INN)
| Target Type | Value |
| Downside Target | 5.66 |
| Downside Target | 5.94 |
| Downside Target | 6.21 |
| Downside Target | 6.42 |
| Upside Target | 6.59 |
| Upside Target | 6.70 |
| Upside Target | 6.83 |
| Upside Target | 6.94 |
| Upside Target | 6.97 |
Intraday share price targets for Summit Hotel (INN)
| Target Type | Value |
| Downside Intraday Target | 6.36 |
| Downside Intraday Target | 6.25 |
| Upside Intraday Target | 6.71 |
| Upside Intraday Target | 6.95 |
| Upside Intraday Target | 6.6 |
Weekly technical analysis of Summit Hotel (INN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 6.48 | 6.73 | 6.83 | 6.48 | 2.19 times |
| 30 Fri Aug 2024 | 6.79 | 6.77 | 6.83 | 6.70 | 0.265 times |
| 30 Fri Aug 2024 | 6.79 | 6.97 | 6.97 | 6.56 | 1.101 times |
| 23 Fri Aug 2024 | 6.89 | 6.53 | 6.94 | 6.53 | 0.861 times |
| 16 Fri Aug 2024 | 6.52 | 6.31 | 6.59 | 6.21 | 0.548 times |
Price has moved down 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 |
| 05 Thu Sep 2024 | 6.48 | 6.73 | 6.83 | 6.48 | 0.094 times |
| 30 Fri Aug 2024 | 6.79 | 6.33 | 6.97 | 5.94 | 1.02 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 |
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 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 SELL signal for Summit Hotel in short term but the sell signal is initial and weak.
Summit Hotel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 BUY signal in short term but buying is losing 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 6.72 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 has given negative 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 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 SELL signal for Summit Hotel in short term but the sell signal is initial and weak.
Summit Hotel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 BUY signal in short term but buying is losing 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 6.72 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 has given negative 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.