(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 2024-09-20 View latest technical analysis
10 day averaged volume of Summit Hotel is 702620
Date | Daily Closing Price | Open | High | Low | Volume |
20 Fri Sep 2024 | 7.00 | 6.86 | 7.04 | 6.85 | 3.177 times |
19 Thu Sep 2024 | 6.97 | 6.68 | 6.98 | 6.66 | 1.528 times |
18 Wed Sep 2024 | 6.55 | 6.55 | 6.70 | 6.50 | 1.44 times |
17 Tue Sep 2024 | 6.54 | 6.44 | 6.61 | 6.44 | 0.972 times |
16 Mon Sep 2024 | 6.40 | 6.47 | 6.51 | 6.40 | 0.69 times |
13 Fri Sep 2024 | 6.45 | 6.51 | 6.52 | 6.43 | 0.662 times |
12 Thu Sep 2024 | 6.44 | 6.42 | 6.45 | 6.36 | 0.579 times |
11 Wed Sep 2024 | 6.37 | 6.19 | 6.38 | 6.18 | 1.644 times |
10 Tue Sep 2024 | 6.23 | 6.35 | 6.35 | 6.20 | 0.843 times |
09 Mon Sep 2024 | 6.33 | 6.36 | 6.40 | 6.31 | 0.793 times |
Stock of Summit Hotel (INN) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 7.1, for a target of 6.8 or 6.6
Share price targets for Summit Hotel (INN)
Target Type | Value |
Downside Target | 5.66 |
Downside Target | 5.94 |
Downside Target | 6.18 |
Downside Target | 6.56 |
Downside Target | 6.70 |
Downside Target | 6.83 |
Downside Target | 6.97 |
Upside Target | 7.04 |
Intraday share price targets for Summit Hotel (INN)
Target Type | Value |
Downside Intraday Target | 6.59 |
Downside Intraday Target | 6.17 |
Upside Intraday Target | 7.23 |
Upside Intraday Target | 7.45 |
Downside Intraday Target | 6.81 |
Weekly technical analysis of Summit Hotel (INN)
Date | Weekly Closing Price | Open | High | Low | Volume |
20 Fri Sep 2024 | 7.00 | 6.47 | 7.04 | 6.40 | 1.727 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, 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 |
20 Fri Sep 2024 | 7.00 | 6.73 | 7.04 | 6.18 | 0.584 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 up 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 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 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 Strong 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
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 6.64 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 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 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 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 Strong 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
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 6.64 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.