(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 2024-09-17 View latest technical analysis
10 day averaged volume of Sumeet Indus is 92692
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Tue Sep 2024 | 3.23 | 3.27 | 3.36 | 3.22 | 0.878 times |
| 16 Mon Sep 2024 | 3.21 | 3.00 | 3.22 | 2.98 | 1.85 times |
| 13 Fri Sep 2024 | 3.07 | 3.23 | 3.23 | 3.02 | 0.727 times |
| 12 Thu Sep 2024 | 3.17 | 3.25 | 3.25 | 3.09 | 0.457 times |
| 11 Wed Sep 2024 | 3.18 | 3.28 | 3.43 | 3.12 | 1.89 times |
| 10 Tue Sep 2024 | 3.28 | 3.46 | 3.50 | 3.28 | 0.415 times |
| 09 Mon Sep 2024 | 3.45 | 3.56 | 3.56 | 3.45 | 1.532 times |
| 06 Fri Sep 2024 | 3.63 | 3.60 | 3.63 | 3.60 | 1.501 times |
| 05 Thu Sep 2024 | 3.66 | 3.79 | 3.79 | 3.66 | 0.579 times |
| 04 Wed Sep 2024 | 3.72 | 3.73 | 3.73 | 3.72 | 0.438 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3.3, but if it comes above 3.3, then a intra day buy could be more profitable.
If you take a sell trade below 3.3, then use 3.3 as stoploss and 2.9 as target. However if you take a buy trade in stock , then use 3.3 as stoploss and 3.68 as target.
Share price targets for Sumeet Indus (SumeetIndus)
| Target Type | Value |
| Downside Target | 1.99 |
| Downside Target | 2.04 |
| Downside Target | 2.30 |
| Downside Target | 2.71 |
| Downside Target | 2.98 |
| Upside Target | 3.36 |
| Upside Target | 3.56 |
| Upside Target | 3.87 |
| Upside Target | 4.00 |
| Upside Target | 4.17 |
| Upside Target | 4.18 |
| Upside Target | 5.26 |
| Upside Target | 5.36 |
Intraday share price targets for Sumeet Indus (SumeetIndus)
| Target Type | Value |
| Downside Intraday Target | 3.02 |
| Downside Intraday Target | 2.81 |
| Upside Intraday Target | 3.4 |
| Upside Intraday Target | 3.57 |
| Downside Intraday Target | 3.19 |
Weekly technical analysis of Sumeet Indus (SumeetIndus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Tue Sep 2024 | 3.23 | 3.00 | 3.36 | 2.98 | 0.543 times |
| 13 Fri Sep 2024 | 3.07 | 3.56 | 3.56 | 3.02 | 1.188 times |
| 06 Fri Sep 2024 | 3.63 | 3.86 | 4.00 | 3.60 | 0.921 times |
| 30 Fri Aug 2024 | 3.93 | 4.09 | 4.17 | 3.93 | 0.862 times |
| 23 Fri Aug 2024 | 4.01 | 4.18 | 4.18 | 3.87 | 11.012 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 |
| 17 Tue Sep 2024 | 3.23 | 3.86 | 4.00 | 2.98 | 0.339 times |
| 30 Fri Aug 2024 | 3.93 | 5.36 | 5.36 | 3.87 | 0.481 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 |
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Sumeet Indus in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying 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 3.34 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Sumeet Indus in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying 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 3.34 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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