Stock Trend Analysis Report
Prepared for you on Thursday, August 13, 2020.
Summit Materials, Inc (NYSE:SUM)
Sidelines Mode (-55) - SUM is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Feb 25th, 2020 at 21.44
The intermediate-term trend has been DOWN since Jul 30th, 2020 at 15.61
The short-term trend has been UP since Aug 5th, 2020 at 15.69
Smart Scan Analysis for SUM
Based on our trend formula, SUM is rated as a -55 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||25.22||52wk High Date||2019-12-20|
|52wk Low||7.51||52wk Low Date||2020-03-23|
|Average Volume||1,102,793||Shares Outstanding||114,111|