(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)
10 day averaged volume of Sumeet Indus is 384443
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Tue Apr 2024 | 2.11 | 2.24 | 2.25 | 2.08 | 0.289 times |
| 29 Mon Apr 2024 | 2.15 | 2.20 | 2.20 | 2.10 | 0.519 times |
| 26 Fri Apr 2024 | 2.15 | 2.31 | 2.33 | 2.11 | 1.497 times |
| 25 Thu Apr 2024 | 2.22 | 2.21 | 2.25 | 2.08 | 0.547 times |
| 24 Wed Apr 2024 | 2.15 | 2.14 | 2.16 | 2.06 | 1.051 times |
| 23 Tue Apr 2024 | 2.06 | 1.94 | 2.07 | 1.94 | 1.778 times |
| 22 Mon Apr 2024 | 1.98 | 1.95 | 2.08 | 1.90 | 0.346 times |
| 19 Fri Apr 2024 | 1.99 | 2.03 | 2.10 | 1.99 | 0.469 times |
| 18 Thu Apr 2024 | 2.09 | 2.01 | 2.15 | 2.01 | 1.094 times |
| 16 Tue Apr 2024 | 2.11 | 2.11 | 2.29 | 2.11 | 2.022 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 2.1 as stoploss in an intra day buy trade for a target of 2.32. However, stock will show a bearish move below 2.1.
Share price targets for Sumeet Indus (SumeetIndus)
| Target Type | Value |
| Downside Target | 1.90 |
| Downside Target | 1.99 |
| Downside Target | 2.08 |
| Upside Target | 2.25 |
| Upside Target | 2.33 |
| Upside Target | 2.50 |
| Upside Target | 2.81 |
| Upside Target | 2.88 |
| Upside Target | 3.36 |
| Upside Target | 3.75 |
| Upside Target | 3.78 |
| Upside Target | 3.80 |
| Upside Target | 4.61 |
| Upside Target | 5.01 |
| Upside Target | 5.25 |
Intraday share price targets for Sumeet Indus (SumeetIndus)
| Target Type | Value |
| Downside Intraday Target | 2.04 |
| Downside Intraday Target | 1.98 |
| Upside Intraday Target | 2.21 |
| Upside Intraday Target | 2.32 |
| Upside Intraday Target | 2.15 |
Weekly technical analysis of Sumeet Indus (SumeetIndus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Tue Apr 2024 | 2.11 | 2.20 | 2.25 | 2.08 | 0.155 times |
| 26 Fri Apr 2024 | 2.15 | 1.95 | 2.33 | 1.90 | 1.224 times |
| 19 Fri Apr 2024 | 1.99 | 2.33 | 2.33 | 1.99 | 0.851 times |
| 12 Fri Apr 2024 | 2.33 | 2.56 | 2.81 | 2.33 | 1.933 times |
| 05 Fri Apr 2024 | 2.61 | 2.62 | 2.88 | 2.37 | 1.661 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 |
| 30 Tue Apr 2024 | 2.11 | 2.62 | 2.88 | 1.90 | 4.746 times |
| 28 Thu Mar 2024 | 2.50 | 3.70 | 3.75 | 2.50 | 0.417 times |
| 29 Thu Feb 2024 | 3.64 | 3.96 | 5.01 | 3.36 | 20.181 times |
| 29 Mon Jan 2024 | 3.78 | 4.61 | 4.61 | 3.78 | 0.324 times |
Scroll below to view daily charts
Price has moved down 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 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 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 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 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 SELL. Signal strength is Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 2.11 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 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 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 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 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 SELL. Signal strength is Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 2.11 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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