(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 2024-06-10 View latest technical analysis
10 day averaged volume of Sumeru Ind is 7314
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Mon Jun 2024 | 1.70 | 1.70 | 1.70 | 1.70 | 9.948 times |
| 07 Fri Jun 2024 | 1.73 | 1.73 | 1.73 | 1.73 | 1.385 times |
| 06 Thu Jun 2024 | 1.76 | 1.76 | 1.76 | 1.76 | 0.573 times |
| 05 Wed Jun 2024 | 1.79 | 1.79 | 1.80 | 1.79 | 3.606 times |
| 04 Tue Jun 2024 | 1.82 | 1.82 | 1.82 | 1.82 | 0.205 times |
| 03 Mon Jun 2024 | 1.85 | 1.85 | 1.85 | 1.85 | 0.903 times |
| 31 Fri May 2024 | 1.88 | 1.88 | 1.88 | 1.88 | 0.264 times |
| 30 Thu May 2024 | 1.91 | 1.91 | 1.91 | 1.91 | 0.373 times |
| 29 Wed May 2024 | 1.94 | 1.94 | 1.94 | 1.94 | 0.699 times |
| 28 Tue May 2024 | 1.97 | 1.97 | 1.97 | 1.97 | 1.736 times |
Stock of Sumeru Ind (SumeruInd) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1.8, but if it comes above 1.8, then a intra day buy could be more profitable.
If you take a sell trade below 1.8, then use 1.8 as stoploss and 1.6 as target. However if you take a buy trade in stock , then use 1.8 as stoploss and 1.93 as target.
Share price targets for Sumeru Ind (SumeruInd)
| Target Type | Value |
| Downside Target | 1.69 |
| Upside Target | 1.85 |
| Upside Target | 2.00 |
| Upside Target | 2.01 |
| Upside Target | 2.10 |
| Upside Target | 2.15 |
| Upside Target | 2.24 |
| Upside Target | 2.26 |
| Upside Target | 2.60 |
| Upside Target | 3.07 |
Intraday share price targets for Sumeru Ind (SumeruInd)
| Target Type | Value |
| Downside Intraday Target | 1.7 |
| Downside Intraday Target | 1.7 |
| Downside Intraday Target | 1.7 |
| Downside Intraday Target | 1.7 |
| Downside Intraday Target | 1.7 |
Weekly technical analysis of Sumeru Ind (SumeruInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Mon Jun 2024 | 1.70 | 1.70 | 1.70 | 1.70 | 1.491 times |
| 07 Fri Jun 2024 | 1.73 | 1.85 | 1.85 | 1.73 | 2.004 times |
| 31 Fri May 2024 | 1.88 | 2.01 | 2.01 | 1.88 | 0.32 times |
| 24 Fri May 2024 | 2.05 | 2.15 | 2.26 | 2.00 | 1.515 times |
| 18 Sat May 2024 | 2.10 | 1.73 | 2.10 | 1.69 | 1.894 times |
Price has moved down 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 |
| 10 Mon Jun 2024 | 1.70 | 1.85 | 1.85 | 1.70 | 0.644 times |
| 31 Fri May 2024 | 1.88 | 1.81 | 2.26 | 1.69 | 1.483 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 |
Scroll below to view daily charts
Price has moved down 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 coming down
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 1.77 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 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 coming down
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 1.77 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 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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