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Stock analysis Summit Securities Limited SUMMITSEC

More indepth analysis on MunafaSutra.com

Moving Averages for Summit Securities Limited

  • 5Day Average: 1376.27
  • 12Day Average: 1378.63
  • 20Day Average: 1300.41
  • 50Day Average: 1126.23
  • 100Day Average: 1020.96
  • 150Day Average: 917.61
  • 200Day Average: 834.79

SUMMITSEC Indicators & signals

Indicator MACD (12,26,9)

1349.8, 1268.77, 87.75
Indicator MACD is in positive zone

Indicator ADX (14)

34.58, 31.07, 15.1
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 63
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SUMMITSEC Summit Securities Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
11 Mon Dec 2023 1382.00 1338.90 to 1399.00 3.63% 0.26 times
08 Fri Dec 2023 1333.60 1325.00 to 1387.65 -2.44% 0.39 times
07 Thu Dec 2023 1366.95 1354.65 to 1404.50 -0.32% 0.22 times
06 Wed Dec 2023 1371.40 1322.70 to 1441.55 -3.92% 1.56 times
05 Tue Dec 2023 1427.40 1410.00 to 1490.00 -0.02% 0.35 times
04 Mon Dec 2023 1427.65 1396.60 to 1439.70 3.71% 1.03 times
01 Fri Dec 2023 1376.55 1352.55 to 1397.85 0.74% 0.21 times
30 Thu Nov 2023 1366.45 1352.85 to 1405.80 0.22% 0.47 times
29 Wed Nov 2023 1363.45 1349.50 to 1439.60 -4.25% 0.79 times
28 Tue Nov 2023 1423.90 1396.90 to 1508.00 1.51% 2.25 times
24 Fri Nov 2023 1402.75 1288.95 to 1429.90 7.79% 2.73 times
23 Thu Nov 2023 1301.40 1282.90 to 1345.00 -2.42% 0.43 times

Technical analysis forecast of Summit Securities Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Summit Securities Limited SUMMITSEC at this time. Stock is rising and might rise more.

It appears as if Summit Securities Limited SUMMITSEC gave a large move recently.

Stock of Summit Securities Limited (SUMMITSEC) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Summit Securities Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1421.8 as stoploss in an intra day sell trade for a target of 1302.21. However, stock will show a bullish move above 1421.8.

More indepth analysis on MunafaSutra.com