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 2024-04-12 View latest technical analysis

10 day averaged volume of Summit Securities is 4462

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	1237.50	1287.40	1309.50	1235.00	4.724 times
10 Wed Apr 2024	1307.00	1323.25	1345.00	1279.00	0.768 times
09 Tue Apr 2024	1303.75	1350.00	1357.95	1295.00	0.561 times
08 Mon Apr 2024	1331.90	1335.50	1349.00	1320.00	0.682 times
05 Fri Apr 2024	1325.40	1345.00	1345.00	1318.00	0.833 times
04 Thu Apr 2024	1328.85	1315.00	1345.00	1306.05	1.739 times
03 Wed Apr 2024	1305.00	1261.10	1324.95	1261.10	1.33 times
02 Tue Apr 2024	1263.70	1278.60	1293.85	1261.00	0.879 times
01 Mon Apr 2024	1272.90	1250.00	1289.85	1243.70	0.888 times
28 Thu Mar 2024	1222.00	1199.45	1298.95	1199.45	1.472 times

Stock of Summit Securities (SUMMITSEC) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 1185.2 or till 1116.4. Use a stoploss of 1242.48 and if the stock hits stoploss, then it can shoot up till 1299.81

Share price targets for Summit Securities (SUMMITSEC)

Target Type	Value
Downside Target	1129.95
Downside Target	1200.10
Downside Target	1235.00
Upside Target	1298.95
Upside Target	1345.00
Upside Target	1357.95
Upside Target	1398.00
Upside Target	1433.95
Upside Target	1441.95
Upside Target	1455.00
Upside Target	1490.00

Intraday share price targets for Summit Securities (SUMMITSEC)

Target Type	Value
Downside Intraday Target	1195.68
Downside Intraday Target	1153.87
Upside Intraday Target	1318.63
Upside Intraday Target	1399.77
Upside Intraday Target	1276.82

Weekly technical analysis of Summit Securities (SUMMITSEC)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	1237.50	1335.50	1357.95	1235.00	1.188 times
05 Fri Apr 2024	1325.40	1250.00	1345.00	1243.70	1.545 times
28 Thu Mar 2024	1222.00	1225.00	1298.95	1166.00	0.841 times
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

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
12 Fri Apr 2024	1237.50	1250.00	1357.95	1235.00	0.369 times
28 Thu Mar 2024	1222.00	1330.00	1433.95	1129.95	0.845 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

Scroll below to view daily charts

Price has moved up 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

MACD generated a BUY signal for Summit Securities in short term and the buy signal is strong.

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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red 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 positive zone. This is a BUY 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 1274.14 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 is giving positive 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.