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(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 2024-03-11 View latest technical analysis

10 day averaged volume of Summit Securities is 12888

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	1296.65	1365.00	1398.00	1288.10	0.706 times
07 Thu Mar 2024	1359.65	1394.75	1397.95	1355.00	0.48 times
06 Wed Mar 2024	1390.50	1383.10	1400.00	1343.40	1.055 times
05 Tue Mar 2024	1383.10	1369.65	1433.95	1369.65	1.59 times
04 Mon Mar 2024	1364.00	1375.90	1407.95	1357.00	1.101 times
02 Sat Mar 2024	1365.60	1349.00	1380.00	1349.00	0.052 times
01 Fri Mar 2024	1349.00	1330.00	1375.95	1328.05	0.694 times
29 Thu Feb 2024	1326.60	1336.65	1336.75	1291.50	0.386 times
28 Wed Feb 2024	1318.55	1397.00	1397.00	1305.00	0.632 times
27 Tue Feb 2024	1370.90	1400.00	1455.00	1365.00	1.761 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 1274.2 as stoploss in an intra day buy trade for a target of 1321.49. However, stock will show a bearish move below 1274.2.

Share price targets for Summit Securities (SUMMITSEC)

Target Type	Value
Downside Target	1001.50
Downside Target	1152.05
Downside Target	1200.10
Downside Target	1252.20
Upside Target	1319.60
Upside Target	1376.55
Upside Target	1433.95
Upside Target	1441.95
Upside Target	1455.00
Upside Target	1490.00
Upside Target	1508.00

Intraday share price targets for Summit Securities (SUMMITSEC)

Target Type	Value
Downside Intraday Target	1257.17
Downside Intraday Target	1217.68
Upside Intraday Target	1367.07
Upside Intraday Target	1437.48
Upside Intraday Target	1327.58

Weekly technical analysis of Summit Securities (SUMMITSEC)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	1296.65	1365.00	1398.00	1288.10	0.167 times
07 Thu Mar 2024	1359.65	1375.90	1433.95	1343.40	0.732 times
02 Sat Mar 2024	1365.60	1300.00	1455.00	1274.05	3.164 times
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

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
11 Mon Mar 2024	1296.65	1330.00	1433.95	1288.10	0.412 times
29 Thu Feb 2024	1326.60	1408.00	1455.00	1200.10	0.999 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

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 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 Securities ( (SUMMITSEC) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Summit Securities ( (SUMMITSEC) ) based on a short to mid 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 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 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 but the sell signal is initial and weak.

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 getting stronger in this stock.

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

CCI has generated a SELL signal for Summit Securities in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 Securities is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1360.14 and Summit Securities (SUMMITSEC) 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 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.