(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 2024-08-22 View latest technical analysis
10 day averaged volume of Sumeet Indus is 21792
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 3.94 | 3.94 | 3.94 | 3.94 | 2.361 times |
| 21 Wed Aug 2024 | 4.02 | 4.02 | 4.02 | 4.02 | 2.798 times |
| 20 Tue Aug 2024 | 4.10 | 4.10 | 4.10 | 4.10 | 1.486 times |
| 19 Mon Aug 2024 | 4.18 | 4.18 | 4.18 | 4.18 | 1.8 times |
| 16 Fri Aug 2024 | 4.26 | 4.26 | 4.26 | 4.26 | 0.433 times |
| 14 Wed Aug 2024 | 4.34 | 4.34 | 4.34 | 4.34 | 0.25 times |
| 13 Tue Aug 2024 | 4.42 | 4.42 | 4.42 | 4.42 | 0.619 times |
| 12 Mon Aug 2024 | 4.51 | 4.51 | 4.51 | 4.51 | 0.753 times |
| 09 Fri Aug 2024 | 4.60 | 4.60 | 4.60 | 4.60 | 0.172 times |
| 08 Thu Aug 2024 | 4.69 | 4.69 | 4.69 | 4.69 | 0.442 times |
Stock of Sumeet Indus (SumeetIndus) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 4.2, but if it comes above 4.2, then a intra day buy could be more profitable.
If you take a sell trade below 4.2, then use 4.2 as stoploss and 3.8 as target. However if you take a buy trade in stock , then use 4.2 as stoploss and 4.59 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 | 2.71 |
| Downside Target | 2.88 |
| Downside Target | 3.60 |
| Downside Target | 3.94 |
| Upside Target | 4.18 |
| Upside Target | 4.51 |
| Upside Target | 4.78 |
| Upside 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 | 3.86 |
| Downside Intraday Target | 3.78 |
| Upside Intraday Target | 4.1 |
| Upside Intraday Target | 4.26 |
| Upside Intraday Target | 4.02 |
Weekly technical analysis of Sumeet Indus (SumeetIndus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 3.94 | 4.18 | 4.18 | 3.94 | 4.11 times |
| 16 Fri Aug 2024 | 4.26 | 4.51 | 4.51 | 4.26 | 0.367 times |
| 09 Fri Aug 2024 | 4.60 | 4.96 | 4.96 | 4.60 | 0.041 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 |
Price has moved down 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 |
| 22 Thu Aug 2024 | 3.94 | 5.36 | 5.36 | 3.94 | 0.373 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Sumeet Indus ( (SumeetIndus) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Sumeet Indus in short term but the sell signal is initial and weak.
Sumeet Indus Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
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 4.15 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 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Sumeet Indus ( (SumeetIndus) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Sumeet Indus in short term but the sell signal is initial and weak.
Sumeet Indus Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
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 4.15 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 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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