Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(SUMMITSEC) Summit Securities complete technical analysis [charts+indicators] | Buy/Sell Summit Securities | (SUMMITSEC) share price targets

Complete technical analysis of Summit Securities (SUMMITSEC) by charts plus indicators, forecast predictions and share price targets for Summit Securities (SUMMITSEC)

Summit Securities trades in NSE in Investment Companies sector.

Showing technical analysis as on 2024-02-23 View latest technical analysis

10 day averaged volume of Summit Securities is 6059

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Feb 2024	1295.50	1298.00	1317.95	1280.10	1.055 times
22 Thu Feb 2024	1278.90	1294.85	1299.70	1252.20	0.79 times
21 Wed Feb 2024	1282.05	1309.75	1310.00	1266.00	0.913 times
20 Tue Feb 2024	1291.15	1290.00	1315.40	1286.00	0.576 times
19 Mon Feb 2024	1310.10	1306.00	1319.60	1289.25	0.547 times
16 Fri Feb 2024	1306.70	1279.85	1325.00	1270.00	1.409 times
15 Thu Feb 2024	1263.75	1275.00	1275.00	1262.00	0.516 times
14 Wed Feb 2024	1257.55	1200.10	1265.00	1200.10	0.422 times
13 Tue Feb 2024	1226.00	1253.25	1253.25	1206.70	1.775 times
12 Mon Feb 2024	1253.25	1376.55	1376.55	1236.10	2.123 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1270.7 as stoploss in an intra day buy trade for a target of 1321.47. However, stock will show a bearish move below 1270.7.

Share price targets for Summit Securities (SUMMITSEC)

Target Type	Value
Downside Target	951.00
Downside Target	1001.50
Downside Target	1137.20
Downside Target	1200.10
Downside Target	1252.20
Downside Target	1295.30
Upside Target	1376.55
Upside Target	1420.00
Upside Target	1441.95
Upside Target	1442.65
Upside Target	1490.00
Upside Target	1508.00

Intraday share price targets for Summit Securities (SUMMITSEC)

Target Type	Value
Downside Intraday Target	1258.6
Downside Intraday Target	1221.7
Upside Intraday Target	1326
Upside Intraday Target	1356.5
Downside Intraday Target	1289.1

Weekly technical analysis of Summit Securities (SUMMITSEC)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Feb 2024	1295.50	1306.00	1319.60	1252.20	0.622 times
16 Fri Feb 2024	1306.70	1376.55	1376.55	1200.10	0.938 times
09 Fri Feb 2024	1356.05	1377.15	1442.65	1322.10	1.018 times
02 Fri Feb 2024	1377.15	1338.05	1441.95	1295.30	0.794 times
25 Thu Jan 2024	1324.60	1277.40	1420.00	1255.15	1.181 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 Securities (SUMMITSEC)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Fri Feb 2024	1295.50	1408.00	1442.65	1200.10	0.635 times
31 Wed Jan 2024	1388.05	1283.45	1441.95	1152.05	0.8 times
29 Fri Dec 2023	1274.30	1372.00	1490.00	1266.05	0.389 times
30 Thu Nov 2023	1366.45	1002.55	1508.00	1001.50	1.487 times

Scroll below to view daily charts

Price has moved down 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 Securities (SUMMITSEC)

Price action analysis of Summit Securities ( (SUMMITSEC) ) 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 Securities ( (SUMMITSEC) ) 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 Securities ( (SUMMITSEC) ) based on a short to mid 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 Securities ( (SUMMITSEC) ) based on a mid to longer 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.

ADX buy sell signal for Summit Securities stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Summit Securities in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Summit Securities Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Summit Securities in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Summit Securities is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1270.86 and Summit Securities (SUMMITSEC) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Summit Securities (SUMMITSEC) stock. Volume based technical analysis of Summit Securities (SUMMITSEC) stock is negative.

Summit Securities 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.