(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 203099
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Mon May 2024 | 2.47 | 2.47 | 2.47 | 2.38 | 1.782 times |
| 10 Fri May 2024 | 2.36 | 2.30 | 2.36 | 2.14 | 0.694 times |
| 09 Thu May 2024 | 2.25 | 2.16 | 2.25 | 2.16 | 0.92 times |
| 08 Wed May 2024 | 2.15 | 2.12 | 2.15 | 2.00 | 0.507 times |
| 07 Tue May 2024 | 2.05 | 2.09 | 2.12 | 2.00 | 1.589 times |
| 06 Mon May 2024 | 2.03 | 2.03 | 2.09 | 2.03 | 0.648 times |
| 03 Fri May 2024 | 2.13 | 2.14 | 2.16 | 2.06 | 0.304 times |
| 02 Thu May 2024 | 2.09 | 2.06 | 2.20 | 2.03 | 0.975 times |
| 30 Tue Apr 2024 | 2.11 | 2.24 | 2.25 | 2.08 | 0.547 times |
| 29 Mon Apr 2024 | 2.15 | 2.20 | 2.20 | 2.10 | 0.982 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2.4, for a target of 2.3 or 2.15
Share price targets for Sumeet Indus (SumeetIndus)
| Target Type | Value |
| Downside Target | 1.90 |
| Downside Target | 1.99 |
| Downside Target | 2.25 |
| Downside Target | 2.33 |
| Downside Target | 2.47 |
| Upside Target | 2.50 |
| 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 | 2.41 |
| Downside Intraday Target | 2.35 |
| Upside Intraday Target | 2.5 |
| Upside Intraday Target | 2.53 |
| Downside Intraday Target | 2.44 |
Weekly technical analysis of Sumeet Indus (SumeetIndus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Mon May 2024 | 2.47 | 2.47 | 2.47 | 2.38 | 0.409 times |
| 10 Fri May 2024 | 2.36 | 2.03 | 2.36 | 2.00 | 1.551 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 |
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 |
| 13 Mon May 2024 | 2.47 | 2.06 | 2.47 | 2.00 | 0.219 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 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 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 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 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 BUY. 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 and the buying is gaining 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 2.2 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 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 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 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 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 BUY. 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 and the buying is gaining 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 2.2 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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