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SUMMIT MATERIALS INC -CL A (SUM) Stock Technical Analysis

NYSE:SUM - New York Stock Exchange, Inc. - US86614U1007 - Common Stock - Currency: USD

52.42  +0.05 (+0.1%)

After market: 52.42 0 (0%)

Technical Rating and Analysis

10

Taking everything into account, SUM scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SUM is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that SUM is one of the better performing stocks in the market, outperforming 84% of all stocks. On top of that, SUM also shows a nice and consistent pattern of rising prices.
SUM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
SUM has an average volume of 4102360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SUM is an average performer in the Construction Materials industry, it outperforms 63% of 12 stocks in the same industry.
In the last month SUM has a been trading in a tight range between 50.60 and 52.42.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
SUMMIT MATERIALS INC -CL A / SUM Weekly stock chart
SUMMIT MATERIALS INC -CL A / SUM Daily stock chart
Setup Rating and Analysis

3

Although SUM has an excellent technical rating, it does not offer a high quality setup 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

34.97

53.31

4 important support areas can be observed.

  • A support zone ranging from 50.08 to 51.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @38.79 from a trend line in the weekly time frame.
  • Support @36.83 from a horizontal line in the daily time frame.
  • Support @35.32 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 52.43 to 52.78. 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
CRS84.29
Mansfield1.23
10 Day High52.42
10 Day Low52.12
20 Day High52.42
20 Day Low50.6
52 Week High53.49
52 Week Low34.64
Performance
1 Week0.42%
2 Weeks0.56%
1 Month3.72%
3 Month9.6%
6 Month35.35%
12 Month40.39%
2 Year59.53%
3 Year49.92%
5 Year142.65%
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)-0.05
RSI(14)76.58
LBB51.98
UBB52.41
SUMMIT MATERIALS INC -CL A / SUM Daily stock chart

SUMMIT MATERIALS INC -CL A

NYSE:SUM (1/30/2025, 6:38:46 PM)

After market: 52.42 0 (0%)

52.42

+0.05 (+0.1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryConstruction Materials
Performance
% Chg0.1%
1 Week0.42%
2 Weeks0.56%
1 Month3.72%
3 Month9.6%
6 Month35.35%
12 Month40.39%
2 Year59.53%
3 Year49.92%
5 Year142.65%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%0.36%
ATR Inc-29.46%
Range Today0.12
ADR(20)0.18
ADR(20)%0.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.29
Mansfield1.23
10 Day High52.42
10 Day Low52.12
20 Day High52.42
20 Day Low50.6
52 Week High53.49
52 Week Low34.64
CS1 End51.06
CR1 Start52.43
Volume & EV
DER(3)-0.48%
DER(5)-0.7%
Volume3.62M
Volume Incr-34.57%
Vol(5)2.33M
Vol(50)4.10M