SUM NEWS why is Summit Materials, Inc. price falling or rising

SUM NEWS reasons for why stock price of Summit Materials, Inc. is falling or rising

SUM Summit Materials is falling or rising technical reasons

Technical analysis forecast of Summit Materials Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Summit Materials SUM at this time. Stock is rising and might rise more.

It appears as if Summit Materials SUM gave a large move recently.

Stock of Summit Materials (SUM) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

Although my analysis for Summit Materials 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 52.4, for a target of 52.3 or 52.18

SUM Summit Materials is falling or rising NEWS fundamental reasons

58 equity mutual funds offer double-digit return on lump sum investments in FY25 Around 58 equity mutual funds delivered double-digit returns on lump sum investments in FY25, with Motilal Oswal Large Cap Fund leading at 24.03%. Meanwhile, 26 funds posted negative returns, with Samco Flexi Cap Fund losing 17.24%. The study covers perfor - NEWS as on 2025-03-31 indiatimes.com

Top 5 mutual funds for lumpsum investment in 5 years For investors with a five-year horizon, top-performing mutual funds include Quant Small Cap, Nippon India Small Cap, and ICICI Prudential Infrastructure, delivering impressive CAGR returns between 38% and 49%, significantly growing initial investments over - NEWS as on 2025-03-21 indiatimes.com

More announcements and NEWS

SUM Summit Materials, Inc. current price & indicator signals

Moving Averages for Summit Materials, Inc.

  • 5Day Average: 52.42
  • 12Day Average: 52.35
  • 20Day Average: 52.28
  • 50Day Average: 51.53
  • 100Day Average: 47.14
  • 150Day Average: 44.27
  • 200Day Average: 42.77

SUM Indicators & signals

Indicator MACD (12,26,9)

52.34, 52.01, 0.4
Indicator MACD is in positive zone

Indicator ADX (14)

44, 60, 23.33
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 46
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SUM Summit Materials, Inc. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
10 Mon Feb 2025 52.49 52.36 to 54.07 0.08% 1.66 times
07 Fri Feb 2025 52.45 52.39 to 52.51 -0.08% 1.3 times
06 Thu Feb 2025 52.49 52.33 to 52.49 0.31% 0.86 times
05 Wed Feb 2025 52.33 52.30 to 52.40 0% 1.11 times
04 Tue Feb 2025 52.33 52.30 to 52.39 0% 0.45 times
03 Mon Feb 2025 52.33 52.28 to 52.38 0.04% 1.66 times
31 Fri Jan 2025 52.31 52.19 to 52.39 -0.21% 1.07 times
30 Thu Jan 2025 52.42 52.30 to 52.42 0.1% 1.28 times
29 Wed Jan 2025 52.37 52.28 to 52.42 0.17% 0.73 times
28 Tue Jan 2025 52.28 52.24 to 52.35 -0.02% 0.49 times
27 Mon Jan 2025 52.29 52.16 to 52.32 0.25% 1.05 times
24 Fri Jan 2025 52.16 52.16 to 52.25 -0.08% 0.56 times

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SUM NEWS why is Summit Materials, Inc. price falling or rising

 

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