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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 2024-08-30 View latest technical analysis

10 day averaged volume of Summit Securities is 21242

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	2406.60	2415.00	2421.00	2382.50	0.24 times
29 Thu Aug 2024	2386.45	2398.80	2447.00	2354.10	0.556 times
28 Wed Aug 2024	2389.65	2295.35	2549.95	2276.05	4.033 times
27 Tue Aug 2024	2261.45	2299.20	2302.65	2222.05	0.448 times
26 Mon Aug 2024	2293.45	2189.00	2325.00	2167.95	0.997 times
23 Fri Aug 2024	2178.10	2161.10	2196.15	2137.05	0.572 times
22 Thu Aug 2024	2188.75	2177.00	2199.00	2129.00	0.511 times
21 Wed Aug 2024	2133.60	2008.20	2236.85	2008.20	1.581 times
20 Tue Aug 2024	2024.85	1943.85	2087.75	1943.85	0.819 times
19 Mon Aug 2024	1934.10	1931.95	1984.00	1900.00	0.343 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2489.8, for a target of 2254.5 or 2058.39

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
Downside Target	1821.00
Downside Target	1875.55
Downside Target	1960.45
Downside Target	2130.00
Downside Target	2167.95
Downside Target	2236.85
Upside Target	2549.95

Intraday share price targets for Summit Securities (SUMMITSEC)

Target Type	Value
Downside Intraday Target	2199.72
Downside Intraday Target	1992.83
Upside Intraday Target	2581.72
Upside Intraday Target	2756.83
Downside Intraday Target	2374.83

Weekly technical analysis of Summit Securities (SUMMITSEC)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	2406.60	2189.00	2549.95	2167.95	1.64 times
23 Fri Aug 2024	2178.10	1931.95	2236.85	1900.00	4.072 times
16 Fri Aug 2024	1905.25	1930.00	1970.30	1875.55	0.443 times
09 Fri Aug 2024	1925.65	1890.00	1960.45	1821.00	0.483 times
02 Fri Aug 2024	1993.90	1891.05	2130.00	1891.00	1.797 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
30 Fri Aug 2024	2406.60	2017.35	2549.95	1821.00	0.951 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 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 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.

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

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 BUY signal in short term but buying 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 2267.41 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 positive

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