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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 114764

Date Daily Closing Price Open High Low Volume
17 Thu Jun 2021 5.99 6.18 6.18 5.76 0.706 times
16 Wed Jun 2021 6.00 6.35 6.35 5.90 1.894 times
15 Tue Jun 2021 6.10 6.10 6.31 5.80 1.996 times
14 Mon Jun 2021 6.01 6.00 6.09 5.80 0.717 times
11 Fri Jun 2021 5.81 5.90 5.93 5.50 1.066 times
10 Thu Jun 2021 5.65 5.65 5.65 5.65 0.348 times
09 Wed Jun 2021 5.39 5.30 5.43 5.08 1.376 times
08 Tue Jun 2021 5.18 5.23 5.23 4.91 1.363 times
07 Mon Jun 2021 4.99 4.90 4.99 4.66 0.741 times
04 Fri Jun 2021 4.76 4.80 4.91 4.63 0.194 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 5.7, but if it comes below 5.7, then a intra day sell could be more profitable.
If you take a sell trade below 5.7, then use 5.7 as stoploss and 5.19 as target. However if you take a buy trade in stock , then use 5.7 as stoploss and 6.4 as target.

Share price targets for Sumeet Indus (SumeetIndus)

Target Type Value
Downside Target 2.56
Downside Target 2.96
Downside Target 3.72
Downside Target 4.21
Downside Target 4.65
Downside Target 4.91
Downside Target 5.18
Downside Target 5.20
Downside Target 5.76
Downside Target 5.93
Upside Target 6.35
Upside Target 6.75

Intraday share price targets for Sumeet Indus (SumeetIndus)

Target Type Value
Downside Intraday Target 5.72
Downside Intraday Target 5.44
Upside Intraday Target 6.31
Upside Intraday Target 6.62
Upside Intraday Target 6.03

Weekly technical analysis of Sumeet Indus (SumeetIndus)

Date Weekly Closing Price Open High Low Volume
17 Thu Jun 2021 5.99 6.00 6.35 5.76 1.086 times
11 Fri Jun 2021 5.81 4.90 5.93 4.66 3.933 times
04 Fri Jun 2021 4.76 4.87 4.91 4.31 1.339 times
28 Fri May 2021 4.72 5.18 5.18 4.67 0.679 times
21 Fri May 2021 4.95 5.19 5.20 4.65 0.893 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
17 Thu Jun 2021 5.99 4.63 6.35 4.31 2.33 times
31 Mon May 2021 4.55 4.36 5.20 4.21 0.288 times
30 Fri Apr 2021 4.58 5.15 6.75 4.26 1.116 times
31 Wed Mar 2021 4.95 2.96 4.95 2.56 6.756 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Sumeet Indus (SumeetIndus)

Indicator Name Indicator Value Indicator Signal
ADX 31, 17, 29 Buy
MACD 1, 0Buy
Stochastics 83Buy
CCI 65Sell
RSI 61Buy
OBV 564830Sell
VWAP 6Buy
ADL 0Sell
ROC 26Buy
Force Index 0Sell

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 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Sumeet Indus in short term and the buy signal is strong.

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 tired and bears 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 but SELL signal is weak.

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

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 5.7 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Sumeet Indus charts

Click here for further forecast and predictions for tomorrow

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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