(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 2025-01-08 View latest technical analysis
10 day averaged volume of Summit Materials is 4022440
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed Jan 2025 | 52.04 | 52.13 | 52.14 | 52.03 | 1.76 times |
| 08 Wed Jan 2025 | 52.04 | 52.13 | 52.14 | 52.03 | 1.76 times |
| 07 Tue Jan 2025 | 52.14 | 51.14 | 52.17 | 50.92 | 2.85 times |
| 06 Mon Jan 2025 | 51.10 | 51.11 | 51.21 | 51.05 | 1.086 times |
| 03 Fri Jan 2025 | 51.03 | 50.91 | 51.10 | 50.91 | 0.422 times |
| 02 Thu Jan 2025 | 50.95 | 50.72 | 50.99 | 50.65 | 1.304 times |
| 31 Tue Dec 2024 | 50.60 | 50.70 | 50.76 | 50.60 | 0.69 times |
| 30 Mon Dec 2024 | 50.54 | 50.57 | 50.65 | 50.52 | 0.816 times |
| 27 Fri Dec 2024 | 50.56 | 50.61 | 50.72 | 50.55 | 0.454 times |
| 26 Thu Dec 2024 | 50.70 | 50.54 | 50.73 | 50.54 | 0.247 times |
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 52.1, for a target of 51.4 or 50.91
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 | 51.06 |
| Downside Target | 51.10 |
| Downside Target | 52.03 |
| Upside Target | 52.14 |
| Upside Target | 52.17 |
| Upside Target | 53.49 |
Intraday share price targets for Summit Materials (SUM)
| Target Type | Value |
| Downside Intraday Target | 52 |
| Downside Intraday Target | 51.96 |
| Upside Intraday Target | 52.11 |
| Upside Intraday Target | 52.18 |
| Upside Intraday Target | 52.07 |
Weekly technical analysis of Summit Materials (SUM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed Jan 2025 | 52.04 | 52.13 | 52.14 | 52.03 | 0.309 times |
| 08 Wed Jan 2025 | 52.04 | 51.11 | 52.17 | 50.92 | 1.762 times |
| 03 Fri Jan 2025 | 51.03 | 50.57 | 51.10 | 50.52 | 2.072 times |
| 27 Fri Dec 2024 | 50.56 | 50.55 | 50.75 | 50.50 | 0.253 times |
| 20 Fri Dec 2024 | 50.50 | 50.78 | 50.86 | 50.30 | 1.942 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 |
| 08 Wed Jan 2025 | 52.04 | 50.72 | 52.17 | 50.65 | 0.741 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, 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Summit Materials 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 Materials 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 coming down
CCI has generated a SELL signal for Summit Materials in short term
RSI is generating a BUY signal in short term but buying 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 51.53 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Summit Materials 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 Materials 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 coming down
CCI has generated a SELL signal for Summit Materials in short term
RSI is generating a BUY signal in short term but buying 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 51.53 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.