SUMMITSEC NEWS why is Summit Securities Limited price falling or rising

SUMMITSEC NEWS reasons for why stock price of Summit Securities Limited is falling or rising

SUMMITSEC Summit Securities is falling or rising technical reasons

Technical analysis forecast for Summit Securities Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Summit Securities SUMMITSEC at this time. Stock is falling and might fall more.

It appears as if Summit Securities SUMMITSEC gave a large move recently.

Stock of Summit Securities (SUMMITSEC) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Summit Securities is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Summit Securities stays below 1562.5, but if it comes above 1562.5, then a intra day buy could be more profitable.
If you take a sell trade below 1562.5, then use 1562.5 as stoploss and 1460.3 as target. However if you take a buy trade in Summit Securities, then use 1562.5 as stoploss and 1647.56 as target.

SUMMITSEC Summit Securities is falling or rising NEWS fundamental reasons

Company Announcement Summit Securities Limited has informed the Exchange regarding Outcome of Board Meeting held on January 31, 2025. - NEWS as on 2025-01-31

Board Meeting to discuss Financial Results To consider and approve the financial results for the period ended December 31, 2024 - NEWS as on 2025-01-22

Company Announcement Summit Securities Limited has informed the Exchange about Loss of Share Certificates - NEWS as on 2024-12-18

Company Announcement - NEWS as on 2024-11-18

Company Announcement Summit Securities Limited has informed the Exchange about Copy of Newspaper Publication - NEWS as on 2024-10-24

Board Meeting to discuss Financial Results To consider and approve the financial results for the period ended September 30, 2024 - NEWS as on 2024-10-15

More announcements and NEWS

SUMMITSEC Summit Securities Limited current price & indicator signals

Moving Averages for Summit Securities Limited

  • 5Day Average: 1615.08
  • 12Day Average: 1546.98
  • 20Day Average: 1577.48
  • 50Day Average: 2032.66
  • 100Day Average: 2568.06
  • 150Day Average: 2560.46
  • 200Day Average: 2364.27

SUMMITSEC Indicators & signals

Indicator MACD (12,26,9)

1588.84, 1712.59, -165.96
Indicator MACD is in negative zone

Indicator ADX (14)

25.45, 16.51, 27.78
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 48
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SUMMITSEC Summit Securities Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
13 Thu Mar 2025 1555.90 1535.00 to 1610.00 -3.16% 0.57 times
12 Wed Mar 2025 1606.75 1570.00 to 1620.00 0.22% 0.79 times
11 Tue Mar 2025 1603.15 1563.00 to 1643.70 -0.69% 0.57 times
10 Mon Mar 2025 1614.30 1586.00 to 1722.00 -4.78% 0.72 times
07 Fri Mar 2025 1695.30 1600.05 to 1740.00 6.12% 2.2 times
06 Thu Mar 2025 1597.50 1507.85 to 1628.40 6.26% 1.21 times
05 Wed Mar 2025 1503.35 1432.05 to 1531.05 5.08% 0.9 times
04 Tue Mar 2025 1430.70 1386.75 to 1469.85 1.22% 0.7 times
03 Mon Mar 2025 1413.45 1380.00 to 1489.75 -3.32% 1.17 times
28 Fri Feb 2025 1462.05 1437.65 to 1528.45 -3% 0.97 times
27 Thu Feb 2025 1507.30 1493.05 to 1590.00 -4.24% 0.77 times
25 Tue Feb 2025 1574.05 1552.00 to 1601.10 0.06% 0.53 times

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SUMMITSEC NEWS why is Summit Securities Limited price falling or rising

 

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