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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 2024-04-22 View latest technical analysis

10 day averaged volume of Summit Securities is 5722

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	1330.30	1380.00	1425.00	1320.00	12.802 times
19 Fri Apr 2024	1210.25	1188.00	1219.00	1175.20	0.862 times
18 Thu Apr 2024	1202.30	1223.70	1249.95	1192.00	0.798 times
16 Tue Apr 2024	1223.45	1228.00	1230.95	1204.60	0.398 times
15 Mon Apr 2024	1213.45	1220.05	1247.95	1202.10	0.683 times
12 Fri Apr 2024	1237.50	1287.40	1309.50	1235.00	3.684 times
10 Wed Apr 2024	1307.00	1323.25	1345.00	1279.00	0.599 times
09 Tue Apr 2024	1303.75	1350.00	1357.95	1295.00	0.438 times
08 Mon Apr 2024	1331.90	1335.50	1349.00	1320.00	0.532 times
05 Fri Apr 2024	1325.40	1345.00	1345.00	1318.00	0.65 times

Stock of Summit Securities (SUMMITSEC) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1306.4, but if it comes below 1306.4, then a intra day sell could be more profitable.
If you take a sell trade below 1306.4, then use 1306.4 as stoploss and 1253.15 as target. However if you take a buy trade in stock , then use 1306.4 as stoploss and 1370.4 as target.

Share price targets for Summit Securities (SUMMITSEC)

Target Type	Value
Downside Target	1129.95
Downside Target	1200.10
Downside Target	1235.00
Downside Target	1298.95
Upside Target	1345.00
Upside Target	1357.95
Upside Target	1425.00
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	1291.87
Downside Intraday Target	1253.43
Upside Intraday Target	1396.87
Upside Intraday Target	1463.43
Upside Intraday Target	1358.43

Weekly technical analysis of Summit Securities (SUMMITSEC)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	1330.30	1380.00	1425.00	1320.00	4.671 times
19 Fri Apr 2024	1210.25	1220.05	1249.95	1175.20	0.522 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Summit Securities (SUMMITSEC)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	1330.30	1250.00	1425.00	1175.20	0.961 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY. Signal strength is Strong and stock is gaining momentum.

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

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 green color and prices are above 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 SELL signal in short term but selling is losing 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 1297.76 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 rising upwards.

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.