(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.
Showing technical analysis as on 2024-04-01 View latest technical analysis
10 day averaged volume of Summit Materials is 1002940
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Mon Apr 2024 | 43.11 | 44.71 | 44.89 | 42.96 | 0.786 times |
| 28 Thu Mar 2024 | 44.57 | 44.03 | 44.78 | 43.88 | 0.892 times |
| 27 Wed Mar 2024 | 44.03 | 43.68 | 44.04 | 43.15 | 0.858 times |
| 26 Tue Mar 2024 | 43.46 | 42.99 | 43.49 | 42.87 | 0.678 times |
| 25 Mon Mar 2024 | 42.82 | 43.36 | 43.57 | 42.80 | 0.658 times |
| 22 Fri Mar 2024 | 43.37 | 43.39 | 43.53 | 42.93 | 0.705 times |
| 21 Thu Mar 2024 | 43.62 | 43.04 | 43.82 | 42.73 | 0.936 times |
| 20 Wed Mar 2024 | 42.62 | 42.28 | 42.88 | 42.20 | 0.886 times |
| 19 Tue Mar 2024 | 42.20 | 41.07 | 42.34 | 41.07 | 1.456 times |
| 18 Mon Mar 2024 | 41.23 | 41.04 | 41.33 | 40.62 | 1.114 times |
My analysis of stock is bullish for shortterm, and stock might move up till 43.8 or till 44.9. Use a stoploss of 42.83 and if this stock hits its stoploss, then it can fall down till 41.88
Share price targets for Summit Materials (SUM)
| Target Type | Value |
| Downside Target | 34.38 |
| Downside Target | 36.08 |
| Downside Target | 38.63 |
| Downside Target | 39.46 |
| Downside Target | 40.62 |
| Downside Target | 42.77 |
| Upside Target | 43.23 |
| Upside Target | 43.82 |
| Upside Target | 44.42 |
| Upside Target | 44.78 |
| Upside Target | 44.89 |
Intraday share price targets for Summit Materials (SUM)
| Target Type | Value |
| Downside Intraday Target | 42.42 |
| Downside Intraday Target | 41.72 |
| Upside Intraday Target | 44.35 |
| Upside Intraday Target | 45.58 |
| Upside Intraday Target | 43.65 |
Weekly technical analysis of Summit Materials (SUM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Mon Apr 2024 | 43.11 | 44.71 | 44.89 | 42.96 | 0.255 times |
| 28 Thu Mar 2024 | 44.57 | 43.36 | 44.78 | 42.80 | 0.606 times |
| 22 Fri Mar 2024 | 43.37 | 41.04 | 43.82 | 40.62 | 0.688 times |
| 15 Fri Mar 2024 | 40.82 | 42.79 | 42.79 | 40.64 | 1.27 times |
| 08 Fri Mar 2024 | 42.99 | 43.20 | 44.42 | 42.77 | 0.916 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 Materials (SUM)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 01 Mon Apr 2024 | 43.11 | 44.71 | 44.89 | 42.96 | 0.035 times |
| 28 Thu Mar 2024 | 44.57 | 42.95 | 44.78 | 40.62 | 0.962 times |
| 29 Thu Feb 2024 | 42.71 | 36.57 | 43.23 | 36.08 | 1.346 times |
| 31 Wed Jan 2024 | 36.18 | 38.10 | 38.63 | 34.38 | 1.299 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 Materials (SUM)
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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Summit Materials in short term and the buy signal is strong.
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 in or below 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 and selling is picking up 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 Materials is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 42.99 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Summit Materials in short term and the buy signal is strong.
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 in or below 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 and selling is picking up 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 Materials is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 42.99 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.