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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 2024-08-07 View latest technical analysis

10 day averaged volume of Summit Securities is 13857

Date	Daily Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	1871.65	1857.30	1884.55	1845.05	0.33 times
06 Tue Aug 2024	1829.15	1898.00	1950.00	1821.00	0.526 times
05 Mon Aug 2024	1860.90	1890.00	1960.45	1839.10	1.54 times
02 Fri Aug 2024	1993.90	2000.00	2015.00	1978.80	0.363 times
01 Thu Aug 2024	2014.20	2017.35	2077.70	1995.90	0.504 times
31 Wed Jul 2024	2048.05	2037.40	2095.00	2019.70	0.805 times
30 Tue Jul 2024	2029.50	1926.40	2050.00	1926.40	0.737 times
29 Mon Jul 2024	1990.15	1891.05	2130.00	1891.00	4.324 times
26 Fri Jul 2024	1864.00	1858.45	1888.20	1835.95	0.375 times
25 Thu Jul 2024	1831.90	1873.60	1873.60	1821.00	0.459 times

My analysis of stock is bearish for shortterm, and stock might move down till 1829.6 or till 1743.4. Use a stoploss of 1901.48 and if the stock hits stoploss, then it can shoot up till 1973.35

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	1808.28
Downside Intraday Target	1744.92
Upside Intraday Target	1947.73
Upside Intraday Target	2023.82
Upside Intraday Target	1884.37

Weekly technical analysis of Summit Securities (SUMMITSEC)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	1871.65	1890.00	1960.45	1821.00	0.356 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
07 Wed Aug 2024	1871.65	2017.35	2077.70	1821.00	0.147 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 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 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 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 losing 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 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

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 1954.64 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 positive

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