(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 289806
Date | Daily Closing Price | Open | High | Low | Volume |
08 Wed May 2024 | 2.15 | 2.12 | 2.15 | 2.00 | 0.355 times |
07 Tue May 2024 | 2.05 | 2.09 | 2.12 | 2.00 | 1.113 times |
06 Mon May 2024 | 2.03 | 2.03 | 2.09 | 2.03 | 0.454 times |
03 Fri May 2024 | 2.13 | 2.14 | 2.16 | 2.06 | 0.213 times |
02 Thu May 2024 | 2.09 | 2.06 | 2.20 | 2.03 | 0.683 times |
30 Tue Apr 2024 | 2.11 | 2.24 | 2.25 | 2.08 | 0.383 times |
29 Mon Apr 2024 | 2.15 | 2.20 | 2.20 | 2.10 | 0.688 times |
26 Fri Apr 2024 | 2.15 | 2.31 | 2.33 | 2.11 | 1.986 times |
25 Thu Apr 2024 | 2.22 | 2.21 | 2.25 | 2.08 | 0.726 times |
24 Wed Apr 2024 | 2.15 | 2.14 | 2.16 | 2.06 | 1.394 times |
My analysis of stock is bearish for shortterm, and stock might move down till 2 or till 1.8. Use a stoploss of 2.19 and if the stock hits stoploss, then it can shoot up till 2.37
Share price targets for Sumeet Indus (SumeetIndus)
Target Type | Value |
Downside Target | 1.90 |
Downside Target | 1.99 |
Downside Target | 2.15 |
Upside Target | 2.20 |
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 | 4.61 |
Upside Target | 5.01 |
Intraday share price targets for Sumeet Indus (SumeetIndus)
Target Type | Value |
Downside Intraday Target | 2.05 |
Downside Intraday Target | 1.95 |
Upside Intraday Target | 2.2 |
Upside Intraday Target | 2.25 |
Downside Intraday Target | 2.1 |
Weekly technical analysis of Sumeet Indus (SumeetIndus)
Date | Weekly Closing Price | Open | High | Low | Volume |
08 Wed May 2024 | 2.15 | 2.03 | 2.15 | 2.00 | 0.977 times |
03 Fri May 2024 | 2.13 | 2.20 | 2.25 | 2.03 | 0.284 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 |
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 |
08 Wed May 2024 | 2.15 | 2.06 | 2.20 | 2.00 | 0.119 times |
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 |
Scroll below to view daily charts
Price has moved up 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 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 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 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. Bears are getting stronger in this stock.
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 and the buying is gaining 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 2.13 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 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 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 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 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. Bears are getting stronger in this stock.
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 and the buying is gaining 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 2.13 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 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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