(SumeetIndus) Sumeet Indus complete technical analysis [charts+indicators] | Buy/Sell Sumeet Indus | (SumeetIndus) share price targets
Complete technical analysis of Sumeet Indus (SumeetIndus) by charts plus indicators, forecast predictions and share price targets for Sumeet Indus (SumeetIndus)
Showing technical analysis as on 2024-07-01 View latest technical analysis
10 day averaged volume of Sumeet Indus is 667466
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Mon Jul 2024 | 2.19 | 2.00 | 2.19 | 1.99 | 0.539 times |
| 18 Tue Jun 2024 | 2.19 | 2.14 | 2.24 | 2.04 | 0.37 times |
| 10 Mon Jun 2024 | 2.14 | 2.14 | 2.14 | 2.14 | 0.009 times |
| 03 Mon Jun 2024 | 2.25 | 2.25 | 2.30 | 2.25 | 1.196 times |
| 27 Mon May 2024 | 2.36 | 2.36 | 2.36 | 2.36 | 2.263 times |
| 21 Tue May 2024 | 2.48 | 2.48 | 2.48 | 2.48 | 2.955 times |
| 15 Wed May 2024 | 2.61 | 2.71 | 2.71 | 2.47 | 1.63 times |
| 14 Tue May 2024 | 2.59 | 2.59 | 2.59 | 2.45 | 0.544 times |
| 13 Mon May 2024 | 2.47 | 2.47 | 2.47 | 2.38 | 0.542 times |
| 10 Fri May 2024 | 2.36 | 2.30 | 2.36 | 2.14 | 0.211 times |
My analysis of stock is bearish for shortterm, and stock might move down till 2.1 or till 1.9. Use a stoploss of 2.25 and if the stock hits stoploss, then it can shoot up till 2.42
Share price targets for Sumeet Indus (SumeetIndus)
| Target Type | Value |
| Downside Target | 1.90 |
| Downside Target | 1.99 |
| Downside Target | 2.04 |
| Downside Target | 2.19 |
| Upside Target | 2.24 |
| Upside Target | 2.30 |
| Upside Target | 2.36 |
| Upside Target | 2.48 |
| Upside Target | 2.50 |
| Upside Target | 2.71 |
| Upside Target | 2.88 |
| Upside Target | 3.75 |
Intraday share price targets for Sumeet Indus (SumeetIndus)
| Target Type | Value |
| Downside Intraday Target | 2.06 |
| Downside Intraday Target | 1.92 |
| Upside Intraday Target | 2.26 |
| Upside Intraday Target | 2.32 |
| Downside Intraday Target | 2.12 |
Weekly technical analysis of Sumeet Indus (SumeetIndus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Mon Jul 2024 | 2.19 | 2.00 | 2.19 | 1.99 | 1.422 times |
| 18 Tue Jun 2024 | 2.19 | 2.14 | 2.24 | 2.04 | 0.317 times |
| 03 Mon Jun 2024 | 2.25 | 2.25 | 2.30 | 2.25 | 0.529 times |
| 27 Mon May 2024 | 2.36 | 2.36 | 2.36 | 2.36 | 0.766 times |
| 21 Tue May 2024 | 2.48 | 2.48 | 2.48 | 2.48 | 1.088 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Sumeet Indus (SumeetIndus)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 01 Mon Jul 2024 | 2.19 | 2.00 | 2.19 | 1.99 | 0.342 times |
| 18 Tue Jun 2024 | 2.19 | 2.25 | 2.30 | 2.04 | 0.163 times |
| 27 Mon May 2024 | 2.36 | 2.06 | 2.71 | 2.00 | 0.937 times |
| 30 Tue Apr 2024 | 2.11 | 2.62 | 2.88 | 1.90 | 4.746 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Sumeet Indus (SumeetIndus)
Price action analysis of Sumeet Indus ( (SumeetIndus) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Sumeet Indus ( (SumeetIndus) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Sumeet Indus ( (SumeetIndus) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Sumeet Indus ( (SumeetIndus) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Sumeet Indus stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Sumeet Indus in short term but the buy signal is initial and weak.
Sumeet Indus Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Sumeet Indus in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Sumeet Indus is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.42 and Sumeet Indus (SumeetIndus) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Sumeet Indus (SumeetIndus) stock. Volume based technical analysis of Sumeet Indus (SumeetIndus) stock is negative.
Sumeet Indus Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Sumeet Indus ( (SumeetIndus) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Sumeet Indus ( (SumeetIndus) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Sumeet Indus ( (SumeetIndus) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Sumeet Indus ( (SumeetIndus) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Sumeet Indus stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Sumeet Indus in short term but the buy signal is initial and weak.
Sumeet Indus Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Sumeet Indus in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Sumeet Indus is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.42 and Sumeet Indus (SumeetIndus) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Sumeet Indus (SumeetIndus) stock. Volume based technical analysis of Sumeet Indus (SumeetIndus) stock is negative.
Sumeet Indus Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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