Summit Materials (SUM) Technical (Analysis) Reports Summit Materials ["Technical Analysis"] Reports -USA Stock Exchange MunafaSutra.com
Complete & easy to understand technical analysis of Summit Materials (SUM)
Technical Analysis Report for USA stock SUM Summit Materials. Dated: 08 Nov 2024 Updated Daily. Stock trades under Basic Industries Deals in Mining Quarrying Of Nonmetallic Minerals No Fuels in USA stock exchange
If you are looking for Tomorrow's Movement Predictions for USA stock SUM Summit Materials then click here. or read Experts views on Summit Materials or Forecast & share price targets of Summit Materials
Summit Materials Opened at 49.86 and Closed at: 50.41, which is 1.19% of previous session's close. It moved within a range of 49.06 and 50.79
The session was a Bullish session with an average volume of 1092900, which is -17.22% of previous session's volumes.
- The stock has shown an up move, and its short term trend is also positive and in an uptrend.
- The stock has shown an up move, and its mid term trend is also positive and in an uptrend.
- The stock has shown an up move, and its long term trend is also positive and in an uptrend.
Support for tomorrow is 49.74 and resistance for tomorrow is 51.47
These support and resistance points are valid for the first 5-15 minutes charts
Above are simple pivot point calculations. For a list of much stronger support and resistance levels click here. These are way more stronger support and resistance levels, and mark trend reversals and are Support & Resistance levels recommended by experts.
Support for tomorrow's hourly charts is 49.38, 48.36 resistance for tomorrow's hourly charts is 51.11, 51.82
10 Day SMA for Summit Materials (SUM) is 47.86 and stock is trading above these levels. This is a good sign for its short term trend
20 Day SMA for Summit Materials (SUM) is 44.62 and the stock is trading above these levels. This is a good sign for its mid term trend
50 Day SMA for Summit Materials (SUM) is 40.5 and the stock is trading above these levels. This is a good sign for its mid to long term trend
100 Day SMA is 39.46 and the stock is trading above these levels. This is a good sign for its long term trend
200 Day SMA Summit Materials is 39.84 and stock is trading above these levels. This is a good sign for its long term trend
20 DMA of Summit Materials is at 44.62 and 200 DMA is at 39.84, while 50 DMA and 100 DMA are at 40.5 and 39.46 respectively
Summit Materials (SUM) moving average of 20 SMA is at 44.62 and 20 EMA is at 45.41
| Date | Closing Price | 20 SMA | 20 EMA |
| 08 Fri Nov | 50.41 | 44.62 | 45.41 |
| 07 Thu Nov | 49.81 | 44.03 | 44.88 |
| 06 Wed Nov | 51.00 | 43.43 | 44.36 |
| 05 Tue Nov | 47.42 | 42.78 | 43.66 |
| 04 Mon Nov | 46.70 | 42.25 | 43.26 |
| 01 Fri Nov | 47.83 | 41.76 | 42.9 |
Summit Materials (SUM) moving average of 50 SMA is at 40.5 and 50 EMA is at 42.18
| Date | Closing Price | 50 SMA | 50 EMA |
| 08 Fri Nov | 50.41 | 40.5 | 42.18 |
| 07 Thu Nov | 49.81 | 40.3 | 41.84 |
| 06 Wed Nov | 51.00 | 40.11 | 41.51 |
| 05 Tue Nov | 47.42 | 39.89 | 41.12 |
| 04 Mon Nov | 46.70 | 39.72 | 40.86 |
| 01 Fri Nov | 47.83 | 39.57 | 40.62 |
Summit Materials (SUM) moving average of 100 SMA is at 39.46 and 100 EMA is at 40.55
| Date | Closing Price | 100 SMA | 100 EMA |
| 08 Fri Nov | 50.41 | 39.46 | 40.55 |
| 07 Thu Nov | 49.81 | 39.31 | 40.35 |
| 06 Wed Nov | 51.00 | 39.17 | 40.16 |
| 05 Tue Nov | 47.42 | 39.02 | 39.94 |
| 04 Mon Nov | 46.70 | 38.92 | 39.79 |
| 01 Fri Nov | 47.83 | 38.82 | 39.65 |
Summit Materials (SUM) moving average of 200 SMA is at 39.84 and 200 EMA is at 39.35
| Date | Closing Price | 200 SMA | 200 EMA |
| 08 Fri Nov | 50.41 | 39.84 | 39.35 |
| 07 Thu Nov | 49.81 | 39.78 | 39.24 |
| 06 Wed Nov | 51.00 | 39.72 | 39.13 |
| 05 Tue Nov | 47.42 | 39.64 | 39.01 |
| 04 Mon Nov | 46.70 | 39.59 | 38.93 |
| 01 Fri Nov | 47.83 | 39.55 | 38.85 |
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Summit Materials Technical analysis of indicators
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.
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 BUY signal for Summit Materials in short term and the buy signal is strong.
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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Summit Materials in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 47.65 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.
Tomorrow's Predictions
You should also read Tomorrow's Movement Predictions for USA stock SUM Summit Materials These predictions are based on various factors, are easy to understand, and upto 75% accurate!
And SUM Experts View which covers a lot of information including buying and selling signals
SUM future forecast & share price targets
You can also take a look at the Charts and indicator analysis here Announcements & NEWS by Summit Materials or View Candle Stick Charts here
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