(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 2024-04-08 View latest technical analysis
10 day averaged volume of Sumeet Indus is 185455
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Apr 2024 | 2.69 | 2.56 | 2.74 | 2.56 | 3.87 times |
| 05 Fri Apr 2024 | 2.61 | 2.37 | 2.61 | 2.37 | 2.553 times |
| 04 Thu Apr 2024 | 2.49 | 2.49 | 2.49 | 2.49 | 0.845 times |
| 03 Wed Apr 2024 | 2.62 | 2.88 | 2.88 | 2.62 | 1.885 times |
| 02 Tue Apr 2024 | 2.75 | 2.75 | 2.75 | 2.75 | 0.07 times |
| 01 Mon Apr 2024 | 2.62 | 2.62 | 2.62 | 2.41 | 0.017 times |
| 28 Thu Mar 2024 | 2.50 | 2.63 | 2.67 | 2.50 | 0.618 times |
| 27 Wed Mar 2024 | 2.63 | 2.76 | 2.76 | 2.63 | 2.261 times |
| 26 Tue Mar 2024 | 2.76 | 2.85 | 2.85 | 2.76 | 0.354 times |
| 22 Fri Mar 2024 | 2.90 | 2.80 | 2.91 | 2.68 | 0.881 times |
Stock of Sumeet Indus (SumeetIndus) has showed a significant upmove. This could be a good time to enter in 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 2.83. However, stock will show a bearish move below 2.6.
Share price targets for Sumeet Indus (SumeetIndus)
| Target Type | Value |
| Downside Target | 2.37 |
| Downside Target | 2.50 |
| Downside Target | 2.56 |
| Downside Target | 2.66 |
| Upside Target | 2.74 |
| Upside Target | 2.85 |
| Upside Target | 3.02 |
| 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 | 2.59 |
| Downside Intraday Target | 2.48 |
| Upside Intraday Target | 2.77 |
| Upside Intraday Target | 2.84 |
| Downside Intraday Target | 2.66 |
Weekly technical analysis of Sumeet Indus (SumeetIndus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Apr 2024 | 2.69 | 2.56 | 2.74 | 2.56 | 0.721 times |
| 05 Fri Apr 2024 | 2.61 | 2.62 | 2.88 | 2.37 | 1.661 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 |
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 Mon Apr 2024 | 2.69 | 2.62 | 2.88 | 2.37 | 1.183 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 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 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 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 and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 2.65 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 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 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 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 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 and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 2.65 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 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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