(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 2024-10-23 View latest technical analysis
10 day averaged volume of Sumeru Ind is 37382
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Wed Oct 2024 | 2.45 | 2.46 | 2.46 | 2.45 | 0.529 times |
| 22 Tue Oct 2024 | 2.50 | 2.50 | 2.50 | 2.50 | 0.023 times |
| 21 Mon Oct 2024 | 2.55 | 2.60 | 2.60 | 2.55 | 0.047 times |
| 18 Fri Oct 2024 | 2.60 | 2.70 | 2.70 | 2.60 | 0.265 times |
| 17 Thu Oct 2024 | 2.65 | 2.69 | 2.69 | 2.65 | 0.059 times |
| 16 Wed Oct 2024 | 2.70 | 2.58 | 2.70 | 2.46 | 1.991 times |
| 15 Tue Oct 2024 | 2.58 | 2.53 | 2.58 | 2.34 | 3.351 times |
| 14 Mon Oct 2024 | 2.46 | 2.47 | 2.47 | 2.25 | 0.892 times |
| 11 Fri Oct 2024 | 2.36 | 2.37 | 2.38 | 2.16 | 0.21 times |
| 10 Thu Oct 2024 | 2.27 | 2.27 | 2.27 | 2.07 | 1.346 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 2.5 as stoploss in an intra day sell trade for a target of 2.32. However, stock will show a bullish move above 2.5.
Share price targets for Sumeru Ind (SumeruInd)
| Target Type | Value |
| Downside Target | 1.59 |
| Downside Target | 1.70 |
| Downside Target | 1.81 |
| Downside Target | 1.85 |
| Downside Target | 1.97 |
| Downside Target | 2.12 |
| Downside Target | 2.24 |
| Downside Target | 2.30 |
| Downside Target | 2.38 |
| Downside Target | 2.45 |
| Upside Target | 2.60 |
| Upside Target | 2.67 |
| Upside Target | 2.70 |
Intraday share price targets for Sumeru Ind (SumeruInd)
| Target Type | Value |
| Downside Intraday Target | 2.4 |
| Downside Intraday Target | 2.35 |
| Upside Intraday Target | 2.55 |
| Upside Intraday Target | 2.65 |
| Upside Intraday Target | 2.5 |
Weekly technical analysis of Sumeru Ind (SumeruInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Wed Oct 2024 | 2.45 | 2.60 | 2.60 | 2.45 | 0.091 times |
| 18 Fri Oct 2024 | 2.60 | 2.47 | 2.70 | 2.25 | 1.488 times |
| 11 Fri Oct 2024 | 2.36 | 2.28 | 2.38 | 1.97 | 5.507 times |
| 03 Thu Oct 2024 | 2.24 | 2.16 | 2.24 | 2.16 | 0.546 times |
| 27 Fri Sep 2024 | 2.12 | 2.02 | 2.12 | 1.97 | 0.831 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 |
| 23 Wed Oct 2024 | 2.45 | 2.20 | 2.70 | 1.97 | 1.893 times |
| 30 Mon Sep 2024 | 2.16 | 2.28 | 2.30 | 1.97 | 0.415 times |
| 30 Fri Aug 2024 | 2.28 | 1.84 | 2.67 | 1.81 | 1.096 times |
| 31 Wed Jul 2024 | 1.84 | 1.79 | 2.14 | 1.70 | 1.66 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 Sumeru Ind (SumeruInd)
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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Sumeru Ind ( (SumeruInd) ) 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 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 BUY signal for Sumeru Ind in short term and the buy signal is strong.
Sumeru Ind 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 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 and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 Sumeru Ind is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.53 and Sumeru Ind (SumeruInd) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 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.
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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Sumeru Ind ( (SumeruInd) ) 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 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 BUY signal for Sumeru Ind in short term and the buy signal is strong.
Sumeru Ind 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 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 and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 Sumeru Ind is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.53 and Sumeru Ind (SumeruInd) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 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.
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