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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 2024-10-25 View latest technical analysis

10 day averaged volume of Summit Securities is 35210

Date	Daily Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	2571.25	2746.40	2746.40	2507.85	0.713 times
24 Thu Oct 2024	2769.25	3056.35	3083.10	2735.00	0.773 times
23 Wed Oct 2024	2940.15	2959.95	3185.00	2801.00	1.133 times
22 Tue Oct 2024	2946.90	3200.00	3244.80	2913.25	1.427 times
21 Mon Oct 2024	3141.25	2932.80	3398.00	2931.75	4.569 times
18 Fri Oct 2024	2903.75	2755.45	2950.00	2652.30	0.452 times
17 Thu Oct 2024	2785.45	2796.55	2850.00	2750.00	0.223 times
16 Wed Oct 2024	2796.55	2818.35	2895.30	2762.35	0.3 times
15 Tue Oct 2024	2809.50	2743.00	2945.00	2662.35	0.81 times
14 Mon Oct 2024	2758.90	2721.80	2790.15	2700.10	0.139 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2618.1, but if it comes above 2618.1, then a intra day buy could be more profitable.
If you take a sell trade below 2618.1, then use 2618.1 as stoploss and 2445.6 as target. However if you take a buy trade in stock , then use 2618.1 as stoploss and 2761.76 as target.

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	2620.00
Upside Target	2726.80
Upside Target	2847.95
Upside Target	2950.00
Upside Target	2998.00
Upside Target	3398.00

Intraday share price targets for Summit Securities (SUMMITSEC)

Target Type	Value
Downside Intraday Target	2253.4
Downside Intraday Target	1935.55
Upside Intraday Target	3143.55
Upside Intraday Target	3715.85
Upside Intraday Target	2825.7

Weekly technical analysis of Summit Securities (SUMMITSEC)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	2571.25	2932.80	3398.00	2507.85	4.479 times
18 Fri Oct 2024	2903.75	2721.80	2950.00	2652.30	1.938 times
11 Fri Oct 2024	2681.60	2652.40	2726.80	2462.35	1.025 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

Price has moved down 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
25 Fri Oct 2024	2571.25	2754.40	3398.00	2462.35	0.745 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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 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 2969.41 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 negative.

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