Is Summit Therapeutics, Inc. technically bullish or bearish?

Oct 07 2025 12:22 PM IST
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As of October 3, 2025, Summit Therapeutics, Inc. shows a mildly bullish trend driven by daily moving averages, despite mixed signals from MACD and Bollinger Bands, with a year-to-date return of 24.12% outperforming the S&P 500's 14.18%.
As of 3 October 2025, the technical trend for Summit Therapeutics, Inc. has changed from sideways to mildly bullish. The daily moving averages indicate a mildly bullish stance, while the weekly MACD is bearish and the monthly MACD is mildly bearish. The Bollinger Bands show a mixed signal with the weekly being mildly bearish and the monthly bullish. Overall, the Dow Theory suggests a mildly bullish trend on the weekly timeframe, but no trend on the monthly.

In terms of performance, the stock has outperformed the S&P 500 on a weekly basis with a return of 4.68% compared to 1.09%, but it has underperformed over the past month with a return of -14.74% against the S&P 500's 4.15%. Year-to-date, the stock shows a strong return of 24.12%, exceeding the S&P 500's 14.18%.

Overall, the current technical stance is mildly bullish, driven primarily by the daily moving averages and the weekly Dow Theory.
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Our weekly and monthly stock recommendations are here
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