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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 2024-10-07 View latest technical analysis

10 day averaged volume of Summit Securities is 19955

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	2497.70	2652.40	2677.45	2462.35	0.864 times
04 Fri Oct 2024	2652.40	2726.00	2739.30	2620.00	0.579 times
03 Thu Oct 2024	2730.50	2820.45	2847.95	2710.00	0.542 times
01 Tue Oct 2024	2820.45	2754.40	2832.45	2740.00	0.273 times
30 Mon Sep 2024	2747.55	2779.90	2818.45	2735.00	0.314 times
27 Fri Sep 2024	2778.20	2768.50	2839.65	2740.00	0.398 times
26 Thu Sep 2024	2768.50	2748.35	2787.00	2690.00	0.719 times
25 Wed Sep 2024	2744.00	2713.25	2998.00	2700.00	5.499 times
24 Tue Sep 2024	2711.90	2695.00	2793.90	2635.40	0.587 times
23 Mon Sep 2024	2650.95	2660.05	2757.00	2630.00	0.596 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 2459.8, for a target of 2572.8 or 2667.01

Share price targets for Summit Securities (SUMMITSEC)

Target Type	Value
Downside Target	1155.00
Downside Target	1776.00
Downside Target	1821.00
Downside Target	1890.00
Downside Target	2130.00
Downside Target	2360.00
Downside Target	2462.35
Upside Target	2525.45
Upside Target	2620.00
Upside Target	2777.90
Upside Target	2798.70
Upside Target	2847.95
Upside Target	2998.00

Intraday share price targets for Summit Securities (SUMMITSEC)

Target Type	Value
Downside Intraday Target	2414.22
Downside Intraday Target	2330.73
Upside Intraday Target	2629.32
Upside Intraday Target	2760.93
Upside Intraday Target	2545.83

Weekly technical analysis of Summit Securities (SUMMITSEC)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	2497.70	2652.40	2677.45	2462.35	0.506 times
04 Fri Oct 2024	2652.40	2779.90	2847.95	2620.00	0.219 times
27 Fri Sep 2024	2778.20	2660.05	2998.00	2630.00	4.064 times
20 Fri Sep 2024	2659.60	2674.50	2777.90	2525.45	0.118 times
13 Fri Sep 2024	2661.20	2403.50	2798.70	2374.35	5.676 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 Mon Oct 2024	2497.70	2754.40	2847.95	2462.35	0.077 times
30 Mon Sep 2024	2747.55	2533.00	2998.00	2360.00	1.997 times
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

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 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 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 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 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 2715.63 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 positive

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