(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 2024-11-01 View latest technical analysis
10 day averaged volume of Summit Hotel is 589660
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Nov 2024 | 6.11 | 6.15 | 6.23 | 6.09 | 1.028 times |
| 31 Thu Oct 2024 | 6.12 | 6.40 | 6.40 | 6.11 | 1.373 times |
| 30 Wed Oct 2024 | 6.37 | 6.28 | 6.43 | 6.28 | 1.061 times |
| 29 Tue Oct 2024 | 6.30 | 6.22 | 6.32 | 6.20 | 0.755 times |
| 28 Mon Oct 2024 | 6.28 | 6.30 | 6.33 | 6.25 | 0.539 times |
| 25 Fri Oct 2024 | 6.22 | 6.31 | 6.31 | 6.21 | 0.722 times |
| 24 Thu Oct 2024 | 6.27 | 6.15 | 6.27 | 6.10 | 1.026 times |
| 23 Wed Oct 2024 | 6.15 | 6.26 | 6.27 | 6.09 | 1.305 times |
| 22 Tue Oct 2024 | 6.30 | 6.37 | 6.41 | 6.30 | 0.964 times |
| 21 Mon Oct 2024 | 6.41 | 6.48 | 6.54 | 6.39 | 1.136 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6.2, but if it comes above 6.2, then a intra day buy could be more profitable.
If you take a sell trade below 6.2, then use 6.2 as stoploss and 6 as target. However if you take a buy trade in stock , then use 6.2 as stoploss and 6.45 as target.
Share price targets for Summit Hotel (INN)
| Target Type | Value |
| Downside Target | 5.66 |
| Downside Target | 5.94 |
| Downside Target | 6.09 |
| Upside Target | 6.42 |
| Upside Target | 6.54 |
| Upside Target | 6.75 |
| Upside Target | 6.76 |
| Upside Target | 6.97 |
| Upside Target | 7.08 |
| Upside Target | 7.17 |
| Upside Target | 7.22 |
Intraday share price targets for Summit Hotel (INN)
| Target Type | Value |
| Downside Intraday Target | 5.99 |
| Downside Intraday Target | 5.87 |
| Upside Intraday Target | 6.33 |
| Upside Intraday Target | 6.55 |
| Upside Intraday Target | 6.21 |
Weekly technical analysis of Summit Hotel (INN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Nov 2024 | 6.11 | 6.30 | 6.43 | 6.09 | 0.923 times |
| 25 Fri Oct 2024 | 6.22 | 6.48 | 6.54 | 6.09 | 0.963 times |
| 18 Fri Oct 2024 | 6.51 | 6.64 | 6.75 | 6.50 | 0.893 times |
| 11 Fri Oct 2024 | 6.66 | 7.10 | 7.17 | 6.50 | 0.52 times |
| 04 Fri Oct 2024 | 7.14 | 6.83 | 7.22 | 6.76 | 1.653 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 |
| 01 Fri Nov 2024 | 6.11 | 6.15 | 6.23 | 6.09 | 0.034 times |
| 31 Thu Oct 2024 | 6.12 | 6.86 | 7.22 | 6.09 | 1.096 times |
| 30 Mon Sep 2024 | 6.86 | 6.73 | 7.08 | 6.18 | 0.855 times |
| 30 Fri Aug 2024 | 6.79 | 6.33 | 6.97 | 5.94 | 1.02 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 and the sell signal is strong.
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 red color and prices are below the red 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 but selling 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 6.25 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 negative.
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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 and the sell signal is strong.
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 red color and prices are below the red 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 but selling 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 6.25 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.