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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)

Showing technical analysis as on 2025-01-01 View latest technical analysis

10 day averaged volume of Sumeru Ind is 15224

Date	Daily Closing Price	Open	High	Low	Volume
01 Wed Jan 2025	2.31	2.19	2.33	2.11	0.41 times
31 Tue Dec 2024	2.22	2.44	2.44	2.22	1.347 times
30 Mon Dec 2024	2.33	2.32	2.37	2.30	0.884 times
27 Fri Dec 2024	2.27	2.45	2.45	2.27	0.418 times
26 Thu Dec 2024	2.38	2.50	2.50	2.38	1.574 times
24 Tue Dec 2024	2.48	2.50	2.50	2.33	0.303 times
23 Mon Dec 2024	2.43	2.37	2.54	2.35	0.407 times
20 Fri Dec 2024	2.44	2.50	2.58	2.40	0.623 times
19 Thu Dec 2024	2.50	2.60	2.60	2.46	1.093 times
18 Wed Dec 2024	2.56	2.45	2.63	2.45	0.739 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2.4, but if it comes above 2.4, then a intra day buy could be more profitable.
If you take a sell trade below 2.4, then use 2.4 as stoploss and 2.2 as target. However if you take a buy trade in stock , then use 2.4 as stoploss and 2.47 as target.

Share price targets for Sumeru Ind (SumeruInd)

Target Type	Value
Downside Target	1.97
Downside Target	2.11
Downside Target	2.22
Upside Target	2.41
Upside Target	2.44
Upside Target	2.54
Upside Target	2.57
Upside Target	2.67
Upside Target	2.68
Upside Target	2.70
Upside Target	2.82

Intraday share price targets for Sumeru Ind (SumeruInd)

Target Type	Value
Downside Intraday Target	2.13
Downside Intraday Target	1.96
Upside Intraday Target	2.46
Upside Intraday Target	2.62
Downside Intraday Target	2.29

Weekly technical analysis of Sumeru Ind (SumeruInd)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Wed Jan 2025	2.31	2.32	2.44	2.11	0.978 times
27 Fri Dec 2024	2.27	2.37	2.54	2.27	0.399 times
20 Fri Dec 2024	2.44	2.67	2.67	2.36	0.859 times
13 Fri Dec 2024	2.58	2.53	2.82	2.41	1.778 times
06 Fri Dec 2024	2.41	2.32	2.57	2.26	0.499 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 Sumeru Ind (SumeruInd)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Wed Jan 2025	2.31	2.19	2.33	2.11	0.017 times
31 Tue Dec 2024	2.22	2.32	2.82	2.22	1.651 times
29 Fri Nov 2024	2.37	2.30	2.68	2.23	0.483 times
31 Thu Oct 2024	2.34	2.20	2.70	1.97	1.937 times

Scroll below to view daily charts

Price has moved up 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Sumeru Ind stock for short term is SELL. Signal strength is Weak and stock is gaining 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 moving up

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

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 2.38 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 positive

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