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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 2024-03-18 View latest technical analysis

10 day averaged volume of Summit Securities is 10532

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	1208.15	1244.00	1245.50	1197.20	0.505 times
15 Fri Mar 2024	1236.90	1168.50	1265.00	1143.00	0.923 times
14 Thu Mar 2024	1154.45	1135.00	1185.00	1129.95	0.953 times
13 Wed Mar 2024	1149.40	1245.00	1255.45	1130.00	1.302 times
12 Tue Mar 2024	1238.70	1300.00	1310.95	1231.40	0.722 times
11 Mon Mar 2024	1296.65	1365.00	1398.00	1288.10	0.864 times
07 Thu Mar 2024	1359.65	1394.75	1397.95	1355.00	0.588 times
06 Wed Mar 2024	1390.50	1383.10	1400.00	1343.40	1.291 times
05 Tue Mar 2024	1383.10	1369.65	1433.95	1369.65	1.945 times
04 Mon Mar 2024	1364.00	1375.90	1407.95	1357.00	1.348 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1230.2, but if it comes above 1230.2, then a intra day buy could be more profitable.
If you take a sell trade below 1230.2, then use 1230.2 as stoploss and 1143.2 as target. However if you take a buy trade in stock , then use 1230.2 as stoploss and 1302.67 as target.

Share price targets for Summit Securities (SUMMITSEC)

Target Type	Value
Downside Target	1001.50
Downside Target	1129.95
Downside Target	1197.20
Upside Target	1245.50
Upside Target	1319.60
Upside Target	1398.00
Upside Target	1433.95
Upside Target	1441.95
Upside Target	1455.00
Upside Target	1490.00
Upside Target	1508.00

Intraday share price targets for Summit Securities (SUMMITSEC)

Target Type	Value
Downside Intraday Target	1188.4
Downside Intraday Target	1168.65
Upside Intraday Target	1236.7
Upside Intraday Target	1265.25
Upside Intraday Target	1216.95

Weekly technical analysis of Summit Securities (SUMMITSEC)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	1208.15	1244.00	1245.50	1197.20	0.106 times
15 Fri Mar 2024	1236.90	1365.00	1398.00	1129.95	0.921 times
07 Thu Mar 2024	1359.65	1375.90	1433.95	1343.40	0.732 times
02 Sat Mar 2024	1365.60	1300.00	1455.00	1274.05	3.164 times
23 Fri Feb 2024	1295.50	1306.00	1319.60	1252.20	0.622 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
18 Mon Mar 2024	1208.15	1330.00	1433.95	1129.95	0.673 times
29 Thu Feb 2024	1326.60	1408.00	1455.00	1200.10	0.999 times
31 Wed Jan 2024	1388.05	1283.45	1441.95	1152.05	0.8 times
29 Fri Dec 2023	1274.30	1372.00	1490.00	1266.05	0.389 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 Weak 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 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 buy signal for Summit Securities in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 1291.69 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.