(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 2024-02-02 View latest technical analysis
10 day averaged volume of Sumeru Ind is 63176
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Fri Feb 2024 | 2.66 | 2.59 | 2.66 | 2.42 | 2.139 times |
| 01 Thu Feb 2024 | 2.54 | 2.46 | 2.56 | 2.33 | 0.862 times |
| 31 Wed Jan 2024 | 2.44 | 2.45 | 2.45 | 2.23 | 1.598 times |
| 30 Tue Jan 2024 | 2.34 | 2.48 | 2.58 | 2.34 | 1.136 times |
| 29 Mon Jan 2024 | 2.46 | 2.46 | 2.46 | 2.46 | 0.343 times |
| 25 Thu Jan 2024 | 2.35 | 2.28 | 2.35 | 2.28 | 1.055 times |
| 24 Wed Jan 2024 | 2.24 | 2.46 | 2.46 | 2.24 | 2.432 times |
| 23 Tue Jan 2024 | 2.35 | 2.35 | 2.35 | 2.35 | 0.706 times |
| 22 Mon Jan 2024 | 2.24 | 2.24 | 2.24 | 2.24 | 0.624 times |
| 19 Fri Jan 2024 | 2.14 | 2.08 | 2.14 | 2.08 | 0.577 times |
Stock of Sumeru Ind (SumeruInd) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2.8, for a target of 2.4 or 2.09
Share price targets for Sumeru Ind (SumeruInd)
| Target Type | Value |
| Downside Target | 1.40 |
| Downside Target | 1.48 |
| Downside Target | 1.54 |
| Downside Target | 1.58 |
| Downside Target | 1.68 |
| Downside Target | 1.89 |
| Downside Target | 2.14 |
| Downside Target | 2.23 |
| Downside Target | 2.24 |
| Downside Target | 2.33 |
| Downside Target | 2.46 |
| Downside Target | 2.58 |
| Downside Target | 2.66 |
Intraday share price targets for Sumeru Ind (SumeruInd)
| Target Type | Value |
| Downside Intraday Target | 2.37 |
| Downside Intraday Target | 2.09 |
| Upside Intraday Target | 2.8 |
| Upside Intraday Target | 2.95 |
| Downside Intraday Target | 2.52 |
Weekly technical analysis of Sumeru Ind (SumeruInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Fri Feb 2024 | 2.66 | 2.46 | 2.66 | 2.23 | 1.262 times |
| 25 Thu Jan 2024 | 2.35 | 2.24 | 2.46 | 2.24 | 0.953 times |
| 19 Fri Jan 2024 | 2.14 | 1.77 | 2.14 | 1.73 | 1.004 times |
| 12 Fri Jan 2024 | 1.74 | 1.72 | 1.89 | 1.58 | 2.481 times |
| 05 Fri Jan 2024 | 1.66 | 1.63 | 1.68 | 1.54 | 0.86 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 |
| 02 Fri Feb 2024 | 2.66 | 2.46 | 2.66 | 2.33 | 0.15 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 |
| 30 Thu Nov 2023 | 1.70 | 1.48 | 1.72 | 1.40 | 0.662 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Sumeru Ind ( (SumeruInd) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 2.4 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.
Price action analysis of Sumeru Ind ( (SumeruInd) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Sumeru Ind ( (SumeruInd) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 2.4 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.
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