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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 2024-08-06 View latest technical analysis

10 day averaged volume of Summit Securities is 14142

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	1829.15	1898.00	1950.00	1821.00	0.515 times
05 Mon Aug 2024	1860.90	1890.00	1960.45	1839.10	1.509 times
02 Fri Aug 2024	1993.90	2000.00	2015.00	1978.80	0.356 times
01 Thu Aug 2024	2014.20	2017.35	2077.70	1995.90	0.493 times
31 Wed Jul 2024	2048.05	2037.40	2095.00	2019.70	0.789 times
30 Tue Jul 2024	2029.50	1926.40	2050.00	1926.40	0.722 times
29 Mon Jul 2024	1990.15	1891.05	2130.00	1891.00	4.237 times
26 Fri Jul 2024	1864.00	1858.45	1888.20	1835.95	0.368 times
25 Thu Jul 2024	1831.90	1873.60	1873.60	1821.00	0.449 times
24 Wed Jul 2024	1873.60	1851.40	1915.00	1850.00	0.36 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1830.9, but if it comes above 1830.9, then a intra day buy could be more profitable.
If you take a sell trade below 1830.9, then use 1830.9 as stoploss and 1745 as target. However if you take a buy trade in stock , then use 1830.9 as stoploss and 1902.46 as target.

Share price targets for Summit Securities (SUMMITSEC)

Target Type	Value
Downside Target	1155.00
Downside Target	1356.05
Downside Target	1533.00
Downside Target	1776.00
Upside Target	1890.00
Upside Target	1915.00
Upside Target	1950.00
Upside Target	1955.90
Upside Target	1960.45
Upside Target	2077.70
Upside Target	2130.00

Intraday share price targets for Summit Securities (SUMMITSEC)

Target Type	Value
Downside Intraday Target	1779.95
Downside Intraday Target	1730.75
Upside Intraday Target	1919.4
Upside Intraday Target	2009.65
Upside Intraday Target	1870.2

Weekly technical analysis of Summit Securities (SUMMITSEC)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	1829.15	1890.00	1960.45	1821.00	0.307 times
02 Fri Aug 2024	1993.90	1891.05	2130.00	1891.00	1.797 times
26 Fri Jul 2024	1864.00	1850.00	1915.00	1780.05	1.268 times
19 Fri Jul 2024	1803.05	1913.10	1955.90	1776.00	0.829 times
12 Fri Jul 2024	1885.85	1946.20	1950.00	1800.00	0.593 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
06 Tue Aug 2024	1829.15	2017.35	2077.70	1821.00	0.133 times
31 Wed Jul 2024	2048.05	1870.00	2130.00	1776.00	0.512 times
28 Fri Jun 2024	1828.55	1405.05	1890.00	1155.00	2.018 times
31 Fri May 2024	1377.50	1480.75	1562.00	1356.05	1.067 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 to mid 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 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 gaining momentum.

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

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 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 but selling is losing 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 1954.41 and Summit Securities (SUMMITSEC) stock is trading below this level. This means that stock is falling with high volumes. 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 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.