SUMMIT MATERIALS INC -CL A (SUM)

US86614U1007 - Common Stock

40.13  -2 (-4.75%)

After market: 40.13 0 (0%)

Technical Rating and Analysis

5

Overall SUM gets a technical rating of 5 out of 10. SUM has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

SUM is one of the lesser performing stocks in the Construction Materials industry. 81% of 12 stocks in the same industry do better.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
SUM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SUM is lagging the market slightly.
In the last month SUM has a been trading in the 37.09 - 42.36 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, SUM turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
Weekly and Daily overview Charts
SUM Weekly chart
SUM Daily chart
Setup Rating and Analysis

4

SUM has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

35.85

45.03

We found 3 important support areas.

  • A support zone ranging from 38.99 to 39.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 37.80 to 38.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @36.21 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 44.58 to 44.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.04
Mansfield-0.42
10 Day High42.36
10 Day Low39.27
20 Day High42.36
20 Day Low37.09
52 Week High44.89
52 Week Low29.98
Performance
1 Week-1.16%
2 Weeks2.63%
1 Month4.32%
3 Month-3.39%
6 Month16.79%
12 Month24.2%
2 Year49.44%
3 Year17.21%
5 Year191.93%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.22
RSI(14)48.11
LBB38.58
UBB41.76
SUM Daily chart

SUMMIT MATERIALS INC -CL A

NYSE:SUM (5/16/2024, 7:19:20 PM)

After market: 40.13 0 (0%)

40.13

-2 (-4.75%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryConstruction Materials
Performance
% Chg-4.75%
1 Week-1.16%
2 Weeks2.63%
1 Month4.32%
3 Month-3.39%
6 Month16.79%
12 Month24.2%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.17
ATR(20)%2.86%
ATR Inc
Range Today1.9
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High42.36
10 Day Low39.27
20 Day High42.36
20 Day Low37.09
52 Week High44.89
52 Week Low29.98
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.16M
Volume Incr-14.66%
Vol(5)851.66K
Vol(50)964.31K