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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 2024-11-04 View latest technical analysis

10 day averaged volume of Summit Securities is 37958

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	2682.80	2778.00	2778.00	2658.00	0.221 times
01 Fri Nov 2024	2737.55	2760.00	2789.90	2700.25	0.131 times
31 Thu Oct 2024	2682.35	2757.85	2757.85	2628.00	0.264 times
30 Wed Oct 2024	2711.15	2652.00	2778.05	2603.85	0.272 times
29 Tue Oct 2024	2635.10	2719.00	2720.00	2600.00	0.458 times
28 Mon Oct 2024	2642.25	2630.00	2921.85	2602.35	0.884 times
25 Fri Oct 2024	2571.25	2746.40	2746.40	2507.85	0.662 times
24 Thu Oct 2024	2769.25	3056.35	3083.10	2735.00	0.717 times
23 Wed Oct 2024	2940.15	2959.95	3185.00	2801.00	1.051 times
22 Tue Oct 2024	2946.90	3200.00	3244.80	2913.25	1.324 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2618.7 as stoploss in an intra day buy trade for a target of 2754.98. However, stock will show a bearish move below 2618.7.

Share price targets for Summit Securities (SUMMITSEC)

Target Type	Value
Downside Target	1776.00
Downside Target	1821.00
Downside Target	2130.00
Downside Target	2360.00
Downside Target	2462.35
Downside Target	2652.30
Upside Target	2726.80
Upside Target	2789.90
Upside Target	2921.85
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	2634.53
Downside Intraday Target	2586.27
Upside Intraday Target	2754.53
Upside Intraday Target	2826.27
Upside Intraday Target	2706.27

Weekly technical analysis of Summit Securities (SUMMITSEC)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	2682.80	2778.00	2778.00	2658.00	0.11 times
01 Fri Nov 2024	2737.55	2630.00	2921.85	2600.00	0.251 times
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

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
04 Mon Nov 2024	2682.80	2760.00	2789.90	2658.00	0.026 times
31 Thu Oct 2024	2682.35	2754.40	3398.00	2462.35	0.867 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

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 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 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 BUY signal in short term and the buying is gaining 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 2777.29 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.