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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 20279

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	2.52	2.53	2.53	2.52	1.062 times
06 Fri Dec 2024	2.41	2.52	2.52	2.40	1.022 times
05 Thu Dec 2024	2.52	2.40	2.57	2.33	1.194 times
04 Wed Dec 2024	2.45	2.45	2.52	2.28	0.509 times
03 Tue Dec 2024	2.40	2.30	2.41	2.30	0.413 times
02 Mon Dec 2024	2.30	2.32	2.34	2.26	0.19 times
29 Fri Nov 2024	2.37	2.46	2.46	2.32	1.208 times
28 Thu Nov 2024	2.44	2.61	2.68	2.44	1.309 times
27 Wed Nov 2024	2.56	2.51	2.56	2.40	1.747 times
26 Tue Nov 2024	2.44	2.39	2.45	2.34	2.233 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2.5, but if it comes below 2.5, then a intra day sell could be more profitable.
If you take a sell trade below 2.5, then use 2.5 as stoploss and 2.36 as target. However if you take a buy trade in stock , then use 2.5 as stoploss and 2.6 as target.

Share price targets for Sumeru Ind (SumeruInd)

Target Type	Value
Downside Target	1.81
Downside Target	1.97
Downside Target	2.23
Downside Target	2.52
Upside Target	2.53
Upside Target	2.57
Upside Target	2.67
Upside Target	2.68
Upside Target	2.70

Intraday share price targets for Sumeru Ind (SumeruInd)

Target Type	Value
Downside Intraday Target	2.52
Downside Intraday Target	2.51
Upside Intraday Target	2.53
Upside Intraday Target	2.53
Upside Intraday Target	2.52

Weekly technical analysis of Sumeru Ind (SumeruInd)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	2.52	2.53	2.53	2.52	0.319 times
06 Fri Dec 2024	2.41	2.32	2.57	2.26	0.499 times
29 Fri Nov 2024	2.37	2.23	2.68	2.23	7.479 times
22 Fri Nov 2024	2.23	2.23	2.31	2.23	1.5 times
14 Thu Nov 2024	2.23	2.35	2.35	2.23	0.215 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
09 Mon Dec 2024	2.52	2.32	2.57	2.26	0.402 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
30 Mon Sep 2024	2.16	2.28	2.30	1.97	0.415 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY. 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Sumeru Ind in short term and BUY 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 2.46 and Sumeru Ind (SumeruInd) 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 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.