(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 2024-07-05 View latest technical analysis
10 day averaged volume of Sumeet Indus is 641898
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Fri Jul 2024 | 2.64 | 2.64 | 2.64 | 2.55 | 1.293 times |
| 04 Thu Jul 2024 | 2.52 | 2.52 | 2.52 | 2.52 | 0.076 times |
| 03 Wed Jul 2024 | 2.40 | 2.40 | 2.40 | 2.40 | 0.069 times |
| 02 Tue Jul 2024 | 2.29 | 2.20 | 2.29 | 2.10 | 0.536 times |
| 01 Mon Jul 2024 | 2.19 | 2.00 | 2.19 | 1.99 | 0.561 times |
| 18 Tue Jun 2024 | 2.19 | 2.14 | 2.24 | 2.04 | 0.385 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 | 1.244 times |
| 27 Mon May 2024 | 2.36 | 2.36 | 2.36 | 2.36 | 2.353 times |
| 21 Tue May 2024 | 2.48 | 2.48 | 2.48 | 2.48 | 3.073 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2.7, for a target of 2.5 or 2.31
Share price targets for Sumeet Indus (SumeetIndus)
| Target Type | Value |
| Downside Target | 1.90 |
| Downside Target | 1.99 |
| Downside Target | 2.04 |
| Downside Target | 2.24 |
| Downside Target | 2.30 |
| Downside Target | 2.36 |
| Downside Target | 2.48 |
| Downside Target | 2.50 |
| Downside Target | 2.64 |
| 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 | 2.21 |
| Downside Intraday Target | 1.77 |
| Upside Intraday Target | 2.86 |
| Upside Intraday Target | 3.07 |
| Downside Intraday Target | 2.42 |
Weekly technical analysis of Sumeet Indus (SumeetIndus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Fri Jul 2024 | 2.64 | 2.00 | 2.64 | 1.99 | 6.43 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 up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Sumeet Indus (SumeetIndus)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 05 Fri Jul 2024 | 2.64 | 2.00 | 2.64 | 1.99 | 1.548 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 up this month, and volume has increased substantially. This means that the move can 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 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 short 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Sumeet Indus in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sumeet Indus Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Sumeet Indus in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Sumeet Indus is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.4 and Sumeet Indus (SumeetIndus) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive returns over a short term period. Returns for a longer term period have been positive
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 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 short 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Sumeet Indus in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sumeet Indus Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Sumeet Indus in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Sumeet Indus is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.4 and Sumeet Indus (SumeetIndus) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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