(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 1319340
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Wed Nov 2024 | 48.40 | 48.36 | 48.61 | 47.94 | 0.571 times |
| 19 Tue Nov 2024 | 48.39 | 47.91 | 48.65 | 47.66 | 0.401 times |
| 18 Mon Nov 2024 | 48.52 | 48.39 | 49.00 | 48.04 | 0.469 times |
| 15 Fri Nov 2024 | 48.43 | 48.52 | 48.80 | 47.89 | 0.823 times |
| 14 Thu Nov 2024 | 48.53 | 49.00 | 49.30 | 48.01 | 0.634 times |
| 13 Wed Nov 2024 | 48.68 | 49.18 | 49.49 | 48.47 | 2.645 times |
| 12 Tue Nov 2024 | 48.99 | 50.10 | 50.26 | 48.92 | 0.854 times |
| 11 Mon Nov 2024 | 50.10 | 51.15 | 51.16 | 50.04 | 0.654 times |
| 08 Fri Nov 2024 | 50.41 | 49.86 | 50.79 | 49.06 | 0.828 times |
| 07 Thu Nov 2024 | 49.81 | 50.92 | 50.92 | 49.69 | 0.971 times |
My analysis of stock is bullish for shortterm, and stock might move up till 49.7 or till 52. Use a stoploss of 47.85 and if this stock hits its stoploss, then it can fall down till 45.98
Share price targets for Summit Materials (SUM)
| Target Type | Value |
| Downside Target | 34.80 |
| Downside Target | 39.88 |
| Downside Target | 42.02 |
| Downside Target | 45.05 |
| Downside Target | 46.20 |
| Downside Target | 47.66 |
| Downside Target | 47.89 |
| Downside Target | 48.17 |
| Downside Target | 48.22 |
| Upside Target | 49.00 |
| Upside Target | 51.16 |
| Upside Target | 51.74 |
Intraday share price targets for Summit Materials (SUM)
| Target Type | Value |
| Downside Intraday Target | 47.71 |
| Downside Intraday Target | 47.01 |
| Upside Intraday Target | 49.05 |
| Upside Intraday Target | 49.69 |
| Downside Intraday Target | 48.35 |
Weekly technical analysis of Summit Materials (SUM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Wed Nov 2024 | 48.40 | 48.39 | 49.00 | 47.66 | 0.257 times |
| 15 Fri Nov 2024 | 48.43 | 51.15 | 51.16 | 47.89 | 0.905 times |
| 08 Fri Nov 2024 | 50.41 | 47.65 | 51.74 | 46.33 | 0.812 times |
| 01 Fri Nov 2024 | 47.83 | 45.40 | 48.22 | 45.05 | 0.66 times |
| 25 Fri Oct 2024 | 45.10 | 42.10 | 46.20 | 39.88 | 2.257 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 |
| 20 Wed Nov 2024 | 48.40 | 47.88 | 51.74 | 46.33 | 0.48 times |
| 31 Thu Oct 2024 | 47.41 | 38.75 | 48.17 | 36.23 | 2.073 times |
| 30 Mon Sep 2024 | 39.03 | 39.81 | 40.61 | 34.80 | 0.887 times |
| 30 Fri Aug 2024 | 40.50 | 41.78 | 42.02 | 35.71 | 0.943 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 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 Materials ( (SUM) ) based on a short 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 Materials ( (SUM) ) based on a short to mid 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 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 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 LOWS in short term which reflects strong selling momentum. Bears 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 Materials in short term but BUY signal is weak.
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 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 49.03 and Summit Materials (SUM) 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 Materials (SUM) stock. Volume based technical analysis of Summit Materials (SUM) stock is negative.
Summit Materials Stock has given negative 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 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 Materials ( (SUM) ) based on a short 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 Materials ( (SUM) ) based on a short to mid 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 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 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 LOWS in short term which reflects strong selling momentum. Bears 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 Materials in short term but BUY signal is weak.
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 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 49.03 and Summit Materials (SUM) 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 Materials (SUM) stock. Volume based technical analysis of Summit Materials (SUM) stock is negative.
Summit Materials Stock has given negative 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.