(SUM) Summit Materials complete technical analysis [charts+indicators] | Buy/Sell Summit Materials | (SUM) share price targets
Complete technical analysis of Summit Materials (SUM) by charts plus indicators, forecast predictions and share price targets for Summit Materials (SUM)
Summit Materials trades in USA in Basic Industries sector.
10 day averaged volume of Summit Materials is 2571580
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri Jan 2025 | 52.31 | 52.38 | 52.39 | 52.19 | 1.173 times |
| 30 Thu Jan 2025 | 52.42 | 52.40 | 52.42 | 52.30 | 1.406 times |
| 29 Wed Jan 2025 | 52.37 | 52.31 | 52.42 | 52.28 | 0.805 times |
| 28 Tue Jan 2025 | 52.28 | 52.33 | 52.35 | 52.24 | 0.538 times |
| 27 Mon Jan 2025 | 52.29 | 52.18 | 52.32 | 52.16 | 1.16 times |
| 24 Fri Jan 2025 | 52.16 | 52.21 | 52.25 | 52.16 | 0.618 times |
| 23 Thu Jan 2025 | 52.20 | 52.22 | 52.23 | 52.17 | 1.292 times |
| 22 Wed Jan 2025 | 52.19 | 52.18 | 52.22 | 52.16 | 1.621 times |
| 21 Tue Jan 2025 | 52.15 | 52.24 | 52.27 | 52.15 | 0.866 times |
| 17 Fri Jan 2025 | 52.19 | 52.20 | 52.23 | 52.15 | 0.847 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 52.4 as stoploss in an intra day sell trade for a target of 52.13. However, stock will show a bullish move above 52.4.
Share price targets for Summit Materials (SUM)
| Target Type | Value |
| Downside Target | 34.80 |
| Downside Target | 36.23 |
| Downside Target | 40.61 |
| Downside Target | 46.33 |
| Downside Target | 48.17 |
| Downside Target | 50.30 |
| Downside Target | 52.18 |
| Downside Target | 52.23 |
| Downside Target | 52.27 |
| Upside Target | 52.42 |
| Upside Target | 53.49 |
Intraday share price targets for Summit Materials (SUM)
| Target Type | Value |
| Downside Intraday Target | 52.17 |
| Downside Intraday Target | 52.04 |
| Upside Intraday Target | 52.43 |
| Upside Intraday Target | 52.56 |
| Downside Intraday Target | 52.3 |
Weekly technical analysis of Summit Materials (SUM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri Jan 2025 | 52.31 | 52.18 | 52.42 | 52.16 | 1.156 times |
| 24 Fri Jan 2025 | 52.16 | 52.24 | 52.27 | 52.15 | 5.192 times |
| 17 Fri Jan 2025 | 52.19 | 52.20 | 52.23 | 52.15 | 0.147 times |
| 17 Fri Jan 2025 | 52.19 | 52.05 | 52.23 | 52.04 | 1.294 times |
| 10 Fri Jan 2025 | 52.05 | 52.13 | 52.18 | 52.02 | 0.5 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 Materials (SUM)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 31 Fri Jan 2025 | 52.31 | 50.72 | 52.42 | 50.65 | 1.658 times |
| 31 Tue Dec 2024 | 50.60 | 50.75 | 51.06 | 50.30 | 0.572 times |
| 26 Tue Nov 2024 | 50.85 | 47.88 | 53.49 | 46.33 | 2.217 times |
| 31 Thu Oct 2024 | 47.41 | 38.75 | 48.17 | 36.23 | 2.073 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Summit Materials (SUM)
Price action analysis of Summit Materials ( (SUM) ) 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 Materials ( (SUM) ) 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 Materials ( (SUM) ) 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 Materials ( (SUM) ) 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 Materials stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Summit Materials in short term but the sell signal is initial and weak.
Summit Materials Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Summit Materials in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Summit Materials is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 52.26 and Summit Materials (SUM) 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 Materials (SUM) stock. Volume based technical analysis of Summit Materials (SUM) stock is negative.
Summit Materials 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 Materials ( (SUM) ) 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 Materials ( (SUM) ) 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 Materials ( (SUM) ) 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 Materials ( (SUM) ) 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 Materials stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Summit Materials in short term but the sell signal is initial and weak.
Summit Materials Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Summit Materials in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Summit Materials is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 52.26 and Summit Materials (SUM) 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 Materials (SUM) stock. Volume based technical analysis of Summit Materials (SUM) stock is negative.
Summit Materials 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.