(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 2024-08-05 View latest technical analysis
10 day averaged volume of Sumeet Indus is 635015
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 4.96 | 4.96 | 4.96 | 4.96 | 0.091 times |
| 02 Fri Aug 2024 | 5.06 | 5.06 | 5.06 | 5.06 | 0.079 times |
| 01 Thu Aug 2024 | 5.16 | 5.36 | 5.36 | 5.16 | 3.37 times |
| 31 Wed Jul 2024 | 5.26 | 5.26 | 5.26 | 5.26 | 0.333 times |
| 30 Tue Jul 2024 | 5.01 | 5.01 | 5.01 | 5.01 | 0.615 times |
| 29 Mon Jul 2024 | 4.78 | 4.78 | 4.78 | 4.78 | 0.253 times |
| 26 Fri Jul 2024 | 4.56 | 4.50 | 4.56 | 4.34 | 0.62 times |
| 25 Thu Jul 2024 | 4.35 | 4.35 | 4.35 | 4.15 | 3.456 times |
| 24 Wed Jul 2024 | 4.15 | 4.15 | 4.15 | 4.15 | 0.41 times |
| 23 Tue Jul 2024 | 3.96 | 3.96 | 3.96 | 3.96 | 0.505 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 4.8, but if it comes below 4.8, then a intra day sell could be more profitable.
If you take a sell trade below 4.8, then use 4.8 as stoploss and 3.66 as target. However if you take a buy trade in stock , then use 4.8 as stoploss and 6.2 as target.
Share price targets for Sumeet Indus (SumeetIndus)
| Target Type | Value |
| Downside Target | 1.90 |
| Downside Target | 1.99 |
| Downside Target | 2.04 |
| Downside Target | 2.30 |
| Downside Target | 2.50 |
| Downside Target | 2.55 |
| Downside Target | 2.71 |
| Downside Target | 2.88 |
| Downside Target | 3.00 |
| Downside Target | 3.60 |
| Downside Target | 4.56 |
| Downside Target | 4.78 |
| Downside Target | 4.96 |
| Upside Target | 5.26 |
| Upside Target | 5.36 |
Intraday share price targets for Sumeet Indus (SumeetIndus)
| Target Type | Value |
| Downside Intraday Target | 4.96 |
| Downside Intraday Target | 4.96 |
| Downside Intraday Target | 4.96 |
| Downside Intraday Target | 4.96 |
| Downside Intraday Target | 4.96 |
Weekly technical analysis of Sumeet Indus (SumeetIndus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 4.96 | 4.96 | 4.96 | 4.96 | 0.019 times |
| 02 Fri Aug 2024 | 5.06 | 4.78 | 5.36 | 4.78 | 0.869 times |
| 26 Fri Jul 2024 | 4.56 | 3.60 | 4.56 | 3.60 | 4.685 times |
| 19 Fri Jul 2024 | 3.00 | 2.50 | 3.00 | 2.50 | 2.441 times |
| 08 Mon Jul 2024 | 2.63 | 2.76 | 2.76 | 2.55 | 0.183 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 |
| 05 Mon Aug 2024 | 4.96 | 5.36 | 5.36 | 4.96 | 0.33 times |
| 31 Wed Jul 2024 | 5.26 | 2.00 | 5.26 | 1.99 | 6.477 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 |
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 neutral. A longer time frame might give a better analysis.
Price action analysis of Sumeet Indus ( (SumeetIndus) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 and the buy signal is strong.
Sumeet Indus Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Sumeet Indus in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 4.71 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 rising upwards.
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 neutral. A longer time frame might give a better analysis.
Price action analysis of Sumeet Indus ( (SumeetIndus) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 and the buy signal is strong.
Sumeet Indus Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Sumeet Indus in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 4.71 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 rising upwards.
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.
Click here for Sumeet Indus charts
Click here for further forecast and predictions for tomorrow