(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 2024-08-27 View latest technical analysis
10 day averaged volume of Sumeet Indus is 78557
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Tue Aug 2024 | 4.17 | 4.17 | 4.17 | 4.17 | 1.745 times |
| 26 Mon Aug 2024 | 4.09 | 4.09 | 4.09 | 4.09 | 3.152 times |
| 23 Fri Aug 2024 | 4.01 | 3.87 | 4.01 | 3.87 | 3.935 times |
| 22 Thu Aug 2024 | 3.94 | 3.94 | 3.94 | 3.94 | 0.655 times |
| 21 Wed Aug 2024 | 4.02 | 4.02 | 4.02 | 4.02 | 0.776 times |
| 20 Tue Aug 2024 | 4.10 | 4.10 | 4.10 | 4.10 | 0.412 times |
| 19 Mon Aug 2024 | 4.18 | 4.18 | 4.18 | 4.18 | 0.499 times |
| 16 Fri Aug 2024 | 4.26 | 4.26 | 4.26 | 4.26 | 0.12 times |
| 14 Wed Aug 2024 | 4.34 | 4.34 | 4.34 | 4.34 | 0.069 times |
| 13 Tue Aug 2024 | 4.42 | 4.42 | 4.42 | 4.42 | 0.172 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 4.1 as stoploss in an intra day buy trade for a target of 4.52. However, stock will show a bearish move below 4.1.
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 | 3.87 |
| Downside Target | 4.09 |
| Upside Target | 4.51 |
| Upside Target | 4.60 |
| 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 | 4.12 |
| Downside Intraday Target | 4.06 |
| Upside Intraday Target | 4.2 |
| Upside Intraday Target | 4.22 |
| Downside Intraday Target | 4.14 |
Weekly technical analysis of Sumeet Indus (SumeetIndus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Tue Aug 2024 | 4.17 | 4.09 | 4.17 | 4.09 | 0.78 times |
| 23 Fri Aug 2024 | 4.01 | 4.18 | 4.18 | 3.87 | 11.012 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 |
Price has moved up 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 |
| 27 Tue Aug 2024 | 4.17 | 5.36 | 5.36 | 3.87 | 0.475 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up
CCI has generated a buy signal for Sumeet Indus in short term and BUY signal is strong.
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 4.07 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up
CCI has generated a buy signal for Sumeet Indus in short term and BUY signal is strong.
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 4.07 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 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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