(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 2024-09-17 View latest technical analysis
10 day averaged volume of Summit Hotel is 604330
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Tue Sep 2024 | 6.54 | 6.44 | 6.61 | 6.44 | 1.13 times |
| 16 Mon Sep 2024 | 6.40 | 6.47 | 6.51 | 6.40 | 0.802 times |
| 13 Fri Sep 2024 | 6.45 | 6.51 | 6.52 | 6.43 | 0.769 times |
| 12 Thu Sep 2024 | 6.44 | 6.42 | 6.45 | 6.36 | 0.673 times |
| 11 Wed Sep 2024 | 6.37 | 6.19 | 6.38 | 6.18 | 1.912 times |
| 10 Tue Sep 2024 | 6.23 | 6.35 | 6.35 | 6.20 | 0.98 times |
| 09 Mon Sep 2024 | 6.33 | 6.36 | 6.40 | 6.31 | 0.922 times |
| 06 Fri Sep 2024 | 6.39 | 6.49 | 6.56 | 6.38 | 0.987 times |
| 05 Thu Sep 2024 | 6.48 | 6.63 | 6.64 | 6.48 | 0.964 times |
| 04 Wed Sep 2024 | 6.58 | 6.70 | 6.83 | 6.57 | 1.063 times |
My analysis of stock is bearish for shortterm, and stock might move down till 6.4 or till 6.2. Use a stoploss of 6.59 and if the stock hits stoploss, then it can shoot up till 6.78
Share price targets for Summit Hotel (INN)
| Target Type | Value |
| Downside Target | 5.66 |
| Downside Target | 5.94 |
| Downside Target | 6.18 |
| Upside Target | 6.56 |
| Upside Target | 6.61 |
| Upside Target | 6.70 |
| Upside Target | 6.83 |
| Upside Target | 6.97 |
Intraday share price targets for Summit Hotel (INN)
| Target Type | Value |
| Downside Intraday Target | 6.42 |
| Downside Intraday Target | 6.31 |
| Upside Intraday Target | 6.63 |
| Upside Intraday Target | 6.73 |
| Downside Intraday Target | 6.52 |
Weekly technical analysis of Summit Hotel (INN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Tue Sep 2024 | 6.54 | 6.47 | 6.61 | 6.40 | 0.368 times |
| 13 Fri Sep 2024 | 6.45 | 6.36 | 6.52 | 6.18 | 1.333 times |
| 06 Fri Sep 2024 | 6.39 | 6.73 | 6.83 | 6.38 | 2.921 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 |
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 |
| 17 Tue Sep 2024 | 6.54 | 6.73 | 6.83 | 6.18 | 0.356 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Summit Hotel in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bears are weakening, and bulls are picking up momentum!
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 and the buying is gaining 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 6.42 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Summit Hotel in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bears are weakening, and bulls are picking up momentum!
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 and the buying is gaining 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 6.42 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 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.