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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 2024-03-22 View latest technical analysis

10 day averaged volume of Summit Securities is 7183

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	1221.90	1193.45	1225.00	1192.55	0.557 times
21 Thu Mar 2024	1200.05	1195.00	1224.90	1191.00	0.385 times
20 Wed Mar 2024	1175.25	1229.55	1229.95	1155.10	0.765 times
19 Tue Mar 2024	1217.40	1219.20	1222.90	1201.10	0.263 times
18 Mon Mar 2024	1208.15	1244.00	1245.50	1197.20	0.741 times
15 Fri Mar 2024	1236.90	1168.50	1265.00	1143.00	1.353 times
14 Thu Mar 2024	1154.45	1135.00	1185.00	1129.95	1.397 times
13 Wed Mar 2024	1149.40	1245.00	1255.45	1130.00	1.91 times
12 Tue Mar 2024	1238.70	1300.00	1310.95	1231.40	1.058 times
11 Mon Mar 2024	1296.65	1365.00	1398.00	1288.10	1.267 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 1202.7 as stoploss in an intra day buy trade for a target of 1286.02. However, stock will show a bearish move below 1202.7.

Share price targets for Summit Securities (SUMMITSEC)

Target Type	Value
Downside Target	1001.50
Downside Target	1129.95
Downside Target	1200.10
Upside Target	1245.50
Upside Target	1319.60
Upside Target	1398.00
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	1169.5
Downside Intraday Target	1117.1
Upside Intraday Target	1259.9
Upside Intraday Target	1297.9
Downside Intraday Target	1207.5

Weekly technical analysis of Summit Securities (SUMMITSEC)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	1221.90	1244.00	1245.50	1155.10	0.388 times
15 Fri Mar 2024	1236.90	1365.00	1398.00	1129.95	0.921 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

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
22 Fri Mar 2024	1221.90	1330.00	1433.95	1129.95	0.753 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 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 neutral. A longer time frame might give a better analysis.

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 Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Summit Securities in short term but BUY signal is weak.

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

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 1205.87 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 negative.

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