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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Summit Materials, Inc. Class A (NYSE:SUM)
Bull Market Weakness (+75) - SUM is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SUM as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SUM?
MarketClub looks at technical strength and momentum to determine if the timing is right for SUM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SUM
The long-term trend has been UP since Dec 14th, 2023 at 38.53
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 40.71
The short-term trend has been UP since May 3rd, 2024 at 40.05
Smart Scan Analysis for SUM
Based on our trend formula, SUM is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 40.08 | 40.55 | 39.98 | 40.39 | -0.08 |
| Prev. Close | Volume | Bid | Ask | Time |
| 40.47 | 709873 | 2024-05-08 15:59:35 |
| Year High | 34.06 | Year High Date | 2018-01-26 |
| Year Low | 11.67 | Year Low Date | 2018-10-29 |
| 52wk High | 44.8935 | 52wk High Date | 2024-04-01 |
| 52wk Low | 29.98 | 52wk Low Date | 2023-09-25 |
| Average Volume | 972,348 | Shares Outstanding | 175,465 |
| Market Cap | 2,536M | Assets | 812,990,000M |
| Liabilities | 391,126,300M | P/E Ratio | 18.067 |
| Volatility | 63.54 |