(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)
Showing technical analysis as on 2024-03-05 View latest technical analysis
10 day averaged volume of Sumeru Ind is 39992
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Tue Mar 2024 | 2.34 | 2.45 | 2.55 | 2.33 | 0.999 times |
| 04 Mon Mar 2024 | 2.45 | 2.54 | 2.60 | 2.38 | 0.9 times |
| 02 Sat Mar 2024 | 2.50 | 2.54 | 2.54 | 2.30 | 0.811 times |
| 01 Fri Mar 2024 | 2.42 | 2.51 | 2.51 | 2.32 | 0.617 times |
| 29 Thu Feb 2024 | 2.41 | 2.29 | 2.53 | 2.29 | 0.498 times |
| 28 Wed Feb 2024 | 2.41 | 2.47 | 2.48 | 2.27 | 0.757 times |
| 27 Tue Feb 2024 | 2.37 | 2.37 | 2.43 | 2.21 | 1.195 times |
| 26 Mon Feb 2024 | 2.32 | 2.26 | 2.32 | 2.26 | 0.791 times |
| 23 Fri Feb 2024 | 2.21 | 2.25 | 2.26 | 2.15 | 0.966 times |
| 22 Thu Feb 2024 | 2.26 | 2.32 | 2.32 | 2.26 | 0.809 times |
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 2.3 as stoploss in an intra day buy trade for a target of 2.51. However, stock will show a bearish move below 2.3.
Share price targets for Sumeru Ind (SumeruInd)
| Target Type | Value |
| Downside Target | 1.40 |
| Downside Target | 1.49 |
| Downside Target | 1.54 |
| Downside Target | 1.70 |
| Downside Target | 2.15 |
| Downside Target | 2.21 |
| Downside Target | 2.30 |
| Upside Target | 2.49 |
| Upside Target | 2.60 |
| Upside Target | 2.61 |
| Upside Target | 3.04 |
| Upside Target | 3.07 |
Intraday share price targets for Sumeru Ind (SumeruInd)
| Target Type | Value |
| Downside Intraday Target | 2.25 |
| Downside Intraday Target | 2.15 |
| Upside Intraday Target | 2.52 |
| Upside Intraday Target | 2.69 |
| Upside Intraday Target | 2.42 |
Weekly technical analysis of Sumeru Ind (SumeruInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Tue Mar 2024 | 2.34 | 2.54 | 2.60 | 2.33 | 0.407 times |
| 02 Sat Mar 2024 | 2.50 | 2.26 | 2.54 | 2.21 | 0.797 times |
| 23 Fri Feb 2024 | 2.21 | 2.60 | 2.61 | 2.15 | 1.264 times |
| 16 Fri Feb 2024 | 2.50 | 3.02 | 3.07 | 2.49 | 0.508 times |
| 09 Fri Feb 2024 | 2.96 | 2.79 | 3.04 | 2.53 | 0.95 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 Sumeru Ind (SumeruInd)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 05 Tue Mar 2024 | 2.34 | 2.51 | 2.60 | 2.30 | 0.121 times |
| 29 Thu Feb 2024 | 2.41 | 2.46 | 3.07 | 2.15 | 0.874 times |
| 31 Wed Jan 2024 | 2.44 | 1.63 | 2.58 | 1.54 | 2.536 times |
| 29 Fri Dec 2023 | 1.63 | 1.70 | 1.70 | 1.49 | 1.856 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 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 Sumeru Ind ( (SumeruInd) ) 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 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 but the sell signal is initial and weak.
Sumeru Ind 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Sumeru Ind in short term but SELL signal is weak.
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
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 2.36 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 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 Sumeru Ind ( (SumeruInd) ) 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 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 but the sell signal is initial and weak.
Sumeru Ind 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Sumeru Ind in short term but SELL signal is weak.
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
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 2.36 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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