(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 2024-05-13 View latest technical analysis
10 day averaged volume of Sumeru Ind is 4772
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Mon May 2024 | 1.85 | 1.73 | 1.85 | 1.69 | 2.46 times |
| 10 Fri May 2024 | 1.77 | 1.77 | 1.77 | 1.75 | 0.995 times |
| 09 Thu May 2024 | 1.77 | 1.79 | 1.79 | 1.77 | 0.404 times |
| 08 Wed May 2024 | 1.79 | 1.79 | 1.79 | 1.76 | 1.497 times |
| 07 Tue May 2024 | 1.79 | 1.76 | 1.79 | 1.76 | 0.883 times |
| 06 Mon May 2024 | 1.76 | 1.75 | 1.81 | 1.75 | 1.779 times |
| 03 Fri May 2024 | 1.78 | 1.78 | 1.78 | 1.78 | 0.519 times |
| 02 Thu May 2024 | 1.81 | 1.81 | 1.81 | 1.81 | 1.88 times |
| 30 Tue Apr 2024 | 1.84 | 1.84 | 1.84 | 1.84 | 0.861 times |
| 29 Mon Apr 2024 | 1.87 | 1.87 | 1.87 | 1.87 | 0.128 times |
Stock of Sumeru Ind (SumeruInd) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, and stock might move down till 1.8 or till 1.7. Use a stoploss of 1.89 and if the stock hits stoploss, then it can shoot up till 2
Share price targets for Sumeru Ind (SumeruInd)
| Target Type | Value |
| Downside Target | 1.54 |
| Downside Target | 1.69 |
| Downside Target | 1.85 |
| Upside Target | 1.96 |
| Upside Target | 2.10 |
| Upside Target | 2.15 |
| Upside Target | 2.24 |
| Upside Target | 2.58 |
| Upside Target | 2.60 |
| Upside Target | 3.07 |
Intraday share price targets for Sumeru Ind (SumeruInd)
| Target Type | Value |
| Downside Intraday Target | 1.74 |
| Downside Intraday Target | 1.64 |
| Upside Intraday Target | 1.9 |
| Upside Intraday Target | 1.96 |
| Downside Intraday Target | 1.8 |
Weekly technical analysis of Sumeru Ind (SumeruInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Mon May 2024 | 1.85 | 1.73 | 1.85 | 1.69 | 0.443 times |
| 10 Fri May 2024 | 1.77 | 1.75 | 1.81 | 1.75 | 1.641 times |
| 03 Fri May 2024 | 1.78 | 1.87 | 1.87 | 1.78 | 0.564 times |
| 26 Fri Apr 2024 | 1.90 | 1.96 | 1.96 | 1.90 | 1.88 times |
| 19 Fri Apr 2024 | 1.96 | 2.10 | 2.10 | 1.96 | 1.881 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 |
| 13 Mon May 2024 | 1.85 | 1.81 | 1.85 | 1.69 | 0.391 times |
| 30 Tue Apr 2024 | 1.84 | 1.84 | 2.24 | 1.75 | 0.331 times |
| 28 Thu Mar 2024 | 1.84 | 2.51 | 2.60 | 1.72 | 0.349 times |
| 29 Thu Feb 2024 | 2.41 | 2.46 | 3.07 | 2.15 | 0.874 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Sumeru Ind ( (SumeruInd) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 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 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 but the buy signal is initial and weak.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Sumeru Ind in short term but BUY signal is weak.
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 1.8 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 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 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 Sumeru Ind ( (SumeruInd) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Sumeru Ind ( (SumeruInd) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 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 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 but the buy signal is initial and weak.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Sumeru Ind in short term but BUY signal is weak.
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 1.8 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 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 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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