(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 2024-04-03 View latest technical analysis
10 day averaged volume of Sumeet Indus is 103248
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Wed Apr 2024 | 2.62 | 2.88 | 2.88 | 2.62 | 3.385 times |
| 02 Tue Apr 2024 | 2.75 | 2.75 | 2.75 | 2.75 | 0.125 times |
| 01 Mon Apr 2024 | 2.62 | 2.62 | 2.62 | 2.41 | 0.031 times |
| 28 Thu Mar 2024 | 2.50 | 2.63 | 2.67 | 2.50 | 1.111 times |
| 27 Wed Mar 2024 | 2.63 | 2.76 | 2.76 | 2.63 | 4.062 times |
| 26 Tue Mar 2024 | 2.76 | 2.85 | 2.85 | 2.76 | 0.635 times |
| 22 Fri Mar 2024 | 2.90 | 2.80 | 2.91 | 2.68 | 1.582 times |
| 21 Thu Mar 2024 | 2.78 | 2.66 | 2.85 | 2.66 | 0.928 times |
| 20 Wed Mar 2024 | 2.77 | 2.71 | 2.85 | 2.67 | 0.614 times |
| 19 Tue Mar 2024 | 2.77 | 2.97 | 2.97 | 2.76 | 0.598 times |
Stock of Sumeet Indus (SumeetIndus) has showed a significant fall. This could be a good time to exit from this stock.
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 2.6 as stoploss in an intra day buy trade for a target of 2.97. However, stock will show a bearish move below 2.6.
Share price targets for Sumeet Indus (SumeetIndus)
| Target Type | Value |
| Downside Target | 2.41 |
| Downside Target | 2.50 |
| Upside Target | 2.66 |
| Upside Target | 2.75 |
| Upside Target | 2.85 |
| Upside Target | 3.02 |
| Upside Target | 3.25 |
| 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 | 2.39 |
| Downside Intraday Target | 2.17 |
| Upside Intraday Target | 2.86 |
| Upside Intraday Target | 3.11 |
| Upside Intraday Target | 2.64 |
Weekly technical analysis of Sumeet Indus (SumeetIndus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Wed Apr 2024 | 2.62 | 2.62 | 2.88 | 2.41 | 0.61 times |
| 28 Thu Mar 2024 | 2.50 | 2.85 | 2.85 | 2.50 | 1.439 times |
| 22 Fri Mar 2024 | 2.90 | 3.02 | 3.02 | 2.66 | 1.653 times |
| 15 Fri Mar 2024 | 2.94 | 3.25 | 3.40 | 2.75 | 2.164 times |
| 07 Thu Mar 2024 | 3.32 | 3.68 | 3.75 | 3.25 | 0.205 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 |
| 03 Wed Apr 2024 | 2.62 | 2.62 | 2.88 | 2.41 | 0.252 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 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 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 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 SELL signal for Sumeet Indus in short term and the sell signal is strong.
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 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 and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 2.68 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 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 SELL signal for Sumeet Indus in short term and the sell signal is strong.
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 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 and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 2.68 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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