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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 2024-04-16 View latest technical analysis

10 day averaged volume of Summit Securities is 5926

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	1223.45	1228.00	1230.95	1204.60	0.385 times
15 Mon Apr 2024	1213.45	1220.05	1247.95	1202.10	0.659 times
12 Fri Apr 2024	1237.50	1287.40	1309.50	1235.00	3.557 times
10 Wed Apr 2024	1307.00	1323.25	1345.00	1279.00	0.578 times
09 Tue Apr 2024	1303.75	1350.00	1357.95	1295.00	0.423 times
08 Mon Apr 2024	1331.90	1335.50	1349.00	1320.00	0.513 times
05 Fri Apr 2024	1325.40	1345.00	1345.00	1318.00	0.627 times
04 Thu Apr 2024	1328.85	1315.00	1345.00	1306.05	1.31 times
03 Wed Apr 2024	1305.00	1261.10	1324.95	1261.10	1.002 times
02 Tue Apr 2024	1263.70	1278.60	1293.85	1261.00	0.662 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 1199.3 as stoploss in an intra day buy trade for a target of 1249.13. However, stock will show a bearish move below 1199.3.

Share price targets for Summit Securities (SUMMITSEC)

Target Type	Value
Downside Target	1129.95
Downside Target	1200.10
Upside Target	1235.00
Upside Target	1298.95
Upside Target	1345.00
Upside Target	1357.95
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	1201.05
Downside Intraday Target	1178.65
Upside Intraday Target	1246.9
Upside Intraday Target	1270.35
Upside Intraday Target	1224.5

Weekly technical analysis of Summit Securities (SUMMITSEC)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	1223.45	1220.05	1247.95	1202.10	0.206 times
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

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
16 Tue Apr 2024	1223.45	1250.00	1357.95	1202.10	0.41 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 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 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 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.

Summit Securities Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

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

Although the stock is in the BUY zone, but buying 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 1274.05 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.