Stock Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
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.
MarketClub’s Trade Triangles for SUM
The long-term trend has been DOWN since Sep 17th, 2021 at 30.79
The intermediate-term trend has been UP since Sep 27th, 2021 at 32.91
The short-term trend has been UP since Oct 14th, 2021 at 32.32
Smart Scan Analysis for SUM
Based on our trend formula, SUM is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||34.06||Year High Date||2018-01-26|
|Year Low||11.67||Year Low Date||2018-10-29|
|52wk High||37.125||52wk High Date||2021-06-25|
|52wk Low||15.44||52wk Low Date||2020-10-28|
|Average Volume||865,246||Shares Outstanding||118,021|