Technical Analysis for SUM - Summit Minerals Limited

Grade Last Price % Change Price Change
B 0.120 21.21% 0.021
SUM closed up 21.21 percent on Wednesday, April 24, 2024, on 6.9 times normal volume. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Gilligan's Island Sell Setup Bearish Swing Setup 0.00%
Crossed Above 200 DMA Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Volume Surge Other 0.00%
Wide Range Bar Range Expansion 0.00%
Parabolic Rise Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Wide Bands Range Expansion 0.00%
Above Upper BB Strength 0.00%
Gapped Up Strength 0.00%

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Profile

Summit Minerals Limited engages in the acquisition, exploration, and development of battery mineral projects in Australia. The company primarily explores for uranium, gold, antimony, and pegmatite lithium deposits. Summit Minerals Limited was incorporated in 2021 and is based in Subiaco, Australia.
Classification

Sector: Basic Materials
Industry: Other Industrial Metals & Mining
Keywords: Chemistry Chemical Elements Lithium Pegmatite Antimony

Is SUM a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 0.205
52 Week Low 0.06
Average Volume 540,594
200-Day Moving Average 0.112
50-Day Moving Average 0.073
20-Day Moving Average 0.074
10-Day Moving Average 0.084
Average True Range 0.009
RSI (14) 72.90
ADX 35.09
+DI 64.149
-DI 7.790
Chandelier Exit (Long, 3 ATRs) 0.108
Chandelier Exit (Short, 3 ATRs) 0.087
Upper Bollinger Bands 0.105
Lower Bollinger Band 0.043
Percent B (%b) 1.25
BandWidth 84.011
MACD Line 0.008
MACD Signal Line 0.002
MACD Histogram 0.0055
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.150
Resistance 3 (R3) 0.152 0.143 0.145
Resistance 2 (R2) 0.143 0.136 0.143 0.143
Resistance 1 (R1) 0.132 0.131 0.128 0.130 0.142
Pivot Point 0.123 0.123 0.121 0.123 0.123
Support 1 (S1) 0.112 0.116 0.108 0.110 0.098
Support 2 (S2) 0.103 0.111 0.103 0.097
Support 3 (S3) 0.092 0.103 0.095
Support 4 (S4) 0.090