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(SumeruInd) Sumeru Ind complete technical analysis [charts+indicators] | Buy/Sell Sumeru Ind | (SumeruInd) share price targets

Complete technical analysis of Sumeru Ind (SumeruInd) by charts plus indicators, forecast predictions and share price targets for Sumeru Ind (SumeruInd)

10 day averaged volume of Sumeru Ind is 15229

Date Daily Closing Price Open High Low Volume
12 Wed Jun 2024 1.64 1.67 1.67 1.64 4.056 times
11 Tue Jun 2024 1.67 1.67 1.67 1.67 1.376 times
10 Mon Jun 2024 1.70 1.70 1.70 1.70 4.778 times
07 Fri Jun 2024 1.73 1.73 1.73 1.73 0.665 times
06 Thu Jun 2024 1.76 1.76 1.76 1.76 0.275 times
05 Wed Jun 2024 1.79 1.79 1.80 1.79 1.732 times
04 Tue Jun 2024 1.82 1.82 1.82 1.82 0.098 times
03 Mon Jun 2024 1.85 1.85 1.85 1.85 0.433 times
31 Fri May 2024 1.88 1.88 1.88 1.88 0.127 times
30 Thu May 2024 1.91 1.91 1.91 1.91 0.179 times

Stock of Sumeru Ind (SumeruInd) 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 trade for tomorrow is selective. Take a sell trade only if stock stays below 1.8, but if it comes above 1.8, then a intra day buy could be more profitable.
If you take a sell trade below 1.8, then use 1.8 as stoploss and 1.6 as target. However if you take a buy trade in stock , then use 1.8 as stoploss and 1.91 as target.

Share price targets for Sumeru Ind (SumeruInd)

Target Type Value
Downside Target 1.64
Upside Target 1.69
Upside Target 1.85
Upside Target 2.00
Upside Target 2.01
Upside Target 2.10
Upside Target 2.15
Upside Target 2.24
Upside Target 2.26
Upside Target 2.60
Upside Target 3.07

Intraday share price targets for Sumeru Ind (SumeruInd)

Target Type Value
Downside Intraday Target 1.62
Downside Intraday Target 1.6
Upside Intraday Target 1.68
Upside Intraday Target 1.72
Upside Intraday Target 1.66

Weekly technical analysis of Sumeru Ind (SumeruInd)

Date Weekly Closing Price Open High Low Volume
12 Wed Jun 2024 1.64 1.70 1.70 1.64 3.186 times
07 Fri Jun 2024 1.73 1.85 1.85 1.73 2.004 times
31 Fri May 2024 1.88 2.01 2.01 1.88 0.32 times
24 Fri May 2024 2.05 2.15 2.26 2.00 1.515 times
18 Sat May 2024 2.10 1.73 2.10 1.69 1.894 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Sumeru Ind (SumeruInd)

Date Monthly Closing Price Open High Low Volume
12 Wed Jun 2024 1.64 1.85 1.85 1.64 1.083 times
31 Fri May 2024 1.88 1.81 2.26 1.69 1.483 times
30 Tue Apr 2024 1.84 1.84 2.24 1.75 0.331 times
28 Thu Mar 2024 1.84 2.51 2.60 1.72 0.349 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 Sumeru Ind (SumeruInd)

Price action analysis of Sumeru Ind ( (SumeruInd) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Sumeru Ind ( (SumeruInd) ) 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 Sumeru Ind ( (SumeruInd) ) 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 Sumeru Ind ( (SumeruInd) ) 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 Sumeru Ind stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Sumeru Ind in short term and the sell signal is strong.

Sumeru Ind 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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Sumeru Ind in short term and SELL 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 Sumeru Ind is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1.7 and Sumeru Ind (SumeruInd) 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 Sumeru Ind (SumeruInd) stock. Volume based technical analysis of Sumeru Ind (SumeruInd) stock is negative.

Sumeru Ind 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 Sumeru Ind ( (SumeruInd) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Sumeru Ind ( (SumeruInd) ) 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 Sumeru Ind ( (SumeruInd) ) 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 Sumeru Ind ( (SumeruInd) ) 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 Sumeru Ind stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Sumeru Ind in short term and the sell signal is strong.

Sumeru Ind 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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Sumeru Ind in short term and SELL 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 Sumeru Ind is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1.7 and Sumeru Ind (SumeruInd) 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 Sumeru Ind (SumeruInd) stock. Volume based technical analysis of Sumeru Ind (SumeruInd) stock is negative.

Sumeru Ind 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

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