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(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 43215

Date Daily Closing Price Open High Low Volume
21 Tue Sep 2021 6.90 6.80 7.15 6.70 0.427 times
20 Mon Sep 2021 7.00 6.65 7.15 6.65 0.662 times
17 Fri Sep 2021 6.98 7.15 7.40 6.90 1.608 times
16 Thu Sep 2021 7.20 7.24 7.35 7.12 0.739 times
15 Wed Sep 2021 7.26 6.99 7.37 6.99 1.345 times
14 Tue Sep 2021 7.20 7.49 7.49 7.12 0.937 times
13 Mon Sep 2021 7.31 7.10 7.59 7.10 1.216 times
09 Thu Sep 2021 7.47 7.73 7.74 7.20 0.501 times
08 Wed Sep 2021 7.42 7.02 7.47 7.02 0.867 times
07 Tue Sep 2021 7.23 7.65 7.65 7.22 1.614 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 7.1, but if it comes above 7.1, then a intra day buy could be more profitable.
If you take a sell trade below 7.1, then use 7.1 as stoploss and 6.7 as target. However if you take a buy trade in stock , then use 7.1 as stoploss and 7.43 as target.

Share price targets for Sumeet Indus (SumeetIndus)

Target Type Value
Downside Target 4.21
Downside Target 4.31
Downside Target 5.20
Downside Target 6.65
Downside Target 6.90
Upside Target 7.40
Upside Target 7.59
Upside Target 7.75
Upside Target 8.00
Upside Target 8.29
Upside Target 10.46
Upside Target 12.78

Intraday share price targets for Sumeet Indus (SumeetIndus)

Target Type Value
Downside Intraday Target 6.65
Downside Intraday Target 6.4
Upside Intraday Target 7.15
Upside Intraday Target 7.4
Upside Intraday Target 6.9

Weekly technical analysis of Sumeet Indus (SumeetIndus)

Date Weekly Closing Price Open High Low Volume
21 Tue Sep 2021 6.90 6.65 7.15 6.65 0.186 times
17 Fri Sep 2021 6.98 7.10 7.59 6.90 1.673 times
09 Thu Sep 2021 7.47 7.29 7.75 7.02 0.987 times
03 Fri Sep 2021 7.45 7.38 8.00 7.04 0.643 times
27 Fri Aug 2021 7.76 8.22 8.29 7.40 1.053 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
21 Tue Sep 2021 6.90 7.87 8.00 6.65 0.332 times
31 Tue Aug 2021 7.50 9.97 10.46 7.04 0.434 times
30 Fri Jul 2021 9.50 7.52 12.78 7.52 1.394 times
30 Wed Jun 2021 7.17 4.63 7.17 4.31 4.718 times

Scroll below to view daily charts

Price has moved down 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)

Indicator Name Indicator Value Indicator Signal
ADX 11, 26, 41 Sell
MACD -1, -0Sell
Stochastics 21Sell
CCI -141Sell
RSI 43Sell
OBV -122471Sell
VWAP 7Sell
ADL 0Sell
ROC -8Sell
Force Index 0Sell

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Sumeet Indus stock for short term is SELL. Signal strength is Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above 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 but selling is losing 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 7.2 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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Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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