(SumeetIndus) Sumeet Indus complete technical analysis [charts+indicators] | Buy/Sell Sumeet Indus | (SumeetIndus) share price targets
Complete technical analysis of Sumeet Indus (SumeetIndus) by charts plus indicators, forecast predictions and share price targets for Sumeet Indus (SumeetIndus)
Showing technical analysis as on 2024-04-01 View latest technical analysis
10 day averaged volume of Sumeet Indus is 109928
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Mon Apr 2024 | 2.62 | 2.62 | 2.62 | 2.41 | 0.029 times |
| 28 Thu Mar 2024 | 2.50 | 2.63 | 2.67 | 2.50 | 1.043 times |
| 27 Wed Mar 2024 | 2.63 | 2.76 | 2.76 | 2.63 | 3.815 times |
| 26 Tue Mar 2024 | 2.76 | 2.85 | 2.85 | 2.76 | 0.597 times |
| 22 Fri Mar 2024 | 2.90 | 2.80 | 2.91 | 2.68 | 1.486 times |
| 21 Thu Mar 2024 | 2.78 | 2.66 | 2.85 | 2.66 | 0.872 times |
| 20 Wed Mar 2024 | 2.77 | 2.71 | 2.85 | 2.67 | 0.577 times |
| 19 Tue Mar 2024 | 2.77 | 2.97 | 2.97 | 2.76 | 0.561 times |
| 18 Mon Mar 2024 | 2.90 | 3.02 | 3.02 | 2.82 | 0.295 times |
| 15 Fri Mar 2024 | 2.94 | 2.75 | 2.95 | 2.75 | 0.32 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2.7, but if it comes above 2.7, then a intra day buy could be more profitable.
If you take a sell trade below 2.7, then use 2.7 as stoploss and 2.3 as target. However if you take a buy trade in stock , then use 2.7 as stoploss and 3.06 as target.
Share price targets for Sumeet Indus (SumeetIndus)
| Target Type | Value |
| Downside Target | 2.41 |
| Downside Target | 2.50 |
| Downside Target | 2.62 |
| Upside Target | 2.75 |
| Upside Target | 2.85 |
| Upside Target | 3.02 |
| Upside Target | 3.25 |
| Upside Target | 3.36 |
| Upside Target | 3.75 |
| Upside Target | 3.78 |
| Upside Target | 3.80 |
| Upside Target | 4.61 |
| Upside Target | 5.01 |
| Upside Target | 5.25 |
Intraday share price targets for Sumeet Indus (SumeetIndus)
| Target Type | Value |
| Downside Intraday Target | 2.48 |
| Downside Intraday Target | 2.34 |
| Upside Intraday Target | 2.69 |
| Upside Intraday Target | 2.76 |
| Downside Intraday Target | 2.55 |
Weekly technical analysis of Sumeet Indus (SumeetIndus)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Mon Apr 2024 | 2.62 | 2.62 | 2.62 | 2.41 | 0.005 times |
| 28 Thu Mar 2024 | 2.50 | 2.85 | 2.85 | 2.50 | 1.439 times |
| 22 Fri Mar 2024 | 2.90 | 3.02 | 3.02 | 2.66 | 1.653 times |
| 15 Fri Mar 2024 | 2.94 | 3.25 | 3.40 | 2.75 | 2.164 times |
| 07 Thu Mar 2024 | 3.32 | 3.68 | 3.75 | 3.25 | 0.205 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 Sumeet Indus (SumeetIndus)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 01 Mon Apr 2024 | 2.62 | 2.62 | 2.62 | 2.41 | 0.002 times |
| 28 Thu Mar 2024 | 2.50 | 3.70 | 3.75 | 2.50 | 0.417 times |
| 29 Thu Feb 2024 | 3.64 | 3.96 | 5.01 | 3.36 | 20.181 times |
| 29 Mon Jan 2024 | 3.78 | 4.61 | 4.61 | 3.78 | 0.324 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 Sumeet Indus (SumeetIndus)
Price action analysis of Sumeet Indus ( (SumeetIndus) ) 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 Sumeet Indus ( (SumeetIndus) ) 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 Sumeet Indus ( (SumeetIndus) ) 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 Sumeet Indus ( (SumeetIndus) ) based on a mid to longer 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.
ADX buy sell signal for Sumeet Indus stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Sumeet Indus in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sumeet Indus 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 Sumeet Indus in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Sumeet Indus is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.71 and Sumeet Indus (SumeetIndus) 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 Sumeet Indus (SumeetIndus) stock. Volume based technical analysis of Sumeet Indus (SumeetIndus) stock is negative.
Sumeet Indus 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 Sumeet Indus ( (SumeetIndus) ) 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 Sumeet Indus ( (SumeetIndus) ) 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 Sumeet Indus ( (SumeetIndus) ) 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 Sumeet Indus ( (SumeetIndus) ) based on a mid to longer 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.
ADX buy sell signal for Sumeet Indus stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Sumeet Indus in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sumeet Indus 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 Sumeet Indus in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Sumeet Indus is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.71 and Sumeet Indus (SumeetIndus) 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 Sumeet Indus (SumeetIndus) stock. Volume based technical analysis of Sumeet Indus (SumeetIndus) stock is negative.
Sumeet Indus 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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