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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.

10 day averaged volume of Summit Securities is 4313

Date Daily Closing Price Open High Low Volume
15 Thu Apr 2021 509.30 512.05 512.30 501.50 0.312 times
13 Tue Apr 2021 513.75 516.60 520.40 504.05 0.549 times
12 Mon Apr 2021 511.45 534.00 536.75 505.00 0.93 times
09 Fri Apr 2021 530.90 541.45 544.00 527.40 1.954 times
08 Thu Apr 2021 536.05 535.85 544.75 527.05 1.592 times
07 Wed Apr 2021 530.50 531.00 533.00 520.35 1.102 times
06 Tue Apr 2021 526.05 534.05 537.00 521.95 1.235 times
05 Mon Apr 2021 528.75 520.65 547.00 520.65 0.868 times
01 Thu Apr 2021 540.00 545.30 550.30 536.00 0.679 times
31 Wed Mar 2021 539.90 531.85 543.90 531.85 0.555 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 513, but if it comes above 513, then a intra day buy could be more profitable.
If you take a sell trade below 513, then use 513 as stoploss and 497.9 as target. However if you take a buy trade in stock , then use 513 as stoploss and 525.53 as target.

Share price targets for Summit Securities (SUMMITSEC)

Target Type Value
Downside Target 451.10
Downside Target 499.95
Upside Target 517.40
Upside Target 547.00
Upside Target 550.30
Upside Target 555.00
Upside Target 571.45
Upside Target 596.80
Upside Target 610.00
Upside Target 619.00

Intraday share price targets for Summit Securities (SUMMITSEC)

Target Type Value
Downside Intraday Target 494.95
Downside Intraday Target 480.6
Upside Intraday Target 530.2
Upside Intraday Target 551.1
Upside Intraday Target 515.85

Weekly technical analysis of Summit Securities (SUMMITSEC)

Date Weekly Closing Price Open High Low Volume
15 Thu Apr 2021 509.30 534.00 536.75 501.50 0.265 times
09 Fri Apr 2021 530.90 520.65 547.00 520.35 3.812 times
01 Thu Apr 2021 540.00 529.00 550.30 526.55 0.398 times
26 Fri Mar 2021 523.90 513.75 529.75 502.00 0.521 times
19 Fri Mar 2021 511.30 563.35 571.45 499.95 1.909 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
15 Thu Apr 2021 509.30 545.30 550.30 501.50 0.372 times
31 Wed Mar 2021 539.90 561.00 596.80 499.95 0.879 times
25 Thu Feb 2021 573.40 545.00 619.00 540.00 1.446 times
29 Fri Jan 2021 549.60 541.50 610.00 517.40 1.029 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)

Indicator Name Indicator Value Indicator Signal
ADX 13, 25, 32 Sell
MACD -17, -15Sell
Stochastics 17Sell
CCI -148Sell
RSI 39Sell
OBV -34768Sell
VWAP 529Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Summit Securities stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Summit Securities in short term and the sell signal is strong.

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 red color and prices are in or above 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 SELL signal in short term but selling 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 528.53 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.

Click here for Summit Securities charts

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Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
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