(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 2024-11-05 View latest technical analysis
10 day averaged volume of Sumeru Ind is 3944
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Tue Nov 2024 | 2.34 | 2.30 | 2.34 | 2.30 | 0.861 times |
| 04 Mon Nov 2024 | 2.30 | 2.30 | 2.32 | 2.30 | 1.667 times |
| 31 Thu Oct 2024 | 2.34 | 2.34 | 2.34 | 2.34 | 1.433 times |
| 30 Wed Oct 2024 | 2.30 | 2.33 | 2.33 | 2.30 | 0.324 times |
| 29 Tue Oct 2024 | 2.33 | 2.37 | 2.37 | 2.33 | 0.036 times |
| 28 Mon Oct 2024 | 2.37 | 2.37 | 2.37 | 2.35 | 0.713 times |
| 25 Fri Oct 2024 | 2.37 | 2.37 | 2.37 | 2.37 | 0.135 times |
| 24 Thu Oct 2024 | 2.41 | 2.42 | 2.42 | 2.41 | 0.014 times |
| 23 Wed Oct 2024 | 2.45 | 2.46 | 2.46 | 2.45 | 5.018 times |
| 22 Tue Oct 2024 | 2.50 | 2.50 | 2.50 | 2.50 | 0.216 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2.3 as stoploss in an intra day buy trade for a target of 2.41. However, stock will show a bearish move below 2.3.
Share price targets for Sumeru Ind (SumeruInd)
| Target Type | Value |
| Downside Target | 1.70 |
| Downside Target | 1.81 |
| Downside Target | 1.97 |
| Downside Target | 2.14 |
| Downside Target | 2.25 |
| Downside Target | 2.30 |
| Upside Target | 2.37 |
| Upside Target | 2.38 |
| Upside Target | 2.60 |
| Upside Target | 2.67 |
| Upside Target | 2.70 |
Intraday share price targets for Sumeru Ind (SumeruInd)
| Target Type | Value |
| Downside Intraday Target | 2.31 |
| Downside Intraday Target | 2.29 |
| Upside Intraday Target | 2.35 |
| Upside Intraday Target | 2.37 |
| Downside Intraday Target | 2.33 |
Weekly technical analysis of Sumeru Ind (SumeruInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Tue Nov 2024 | 2.34 | 2.30 | 2.34 | 2.30 | 1.009 times |
| 31 Thu Oct 2024 | 2.34 | 2.37 | 2.37 | 2.30 | 0.43 times |
| 25 Fri Oct 2024 | 2.37 | 2.60 | 2.60 | 2.37 | 0.094 times |
| 18 Fri Oct 2024 | 2.60 | 2.47 | 2.70 | 2.25 | 1.488 times |
| 11 Fri Oct 2024 | 2.36 | 2.28 | 2.38 | 1.97 | 5.507 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 |
| 05 Tue Nov 2024 | 2.34 | 2.30 | 2.34 | 2.30 | 0.022 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 |
| 30 Fri Aug 2024 | 2.28 | 1.84 | 2.67 | 1.81 | 1.096 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Sumeru Ind in short term but the sell signal is initial and weak.
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 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 but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Sumeru Ind is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.39 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Sumeru Ind in short term but the sell signal is initial and weak.
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 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 but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Sumeru Ind is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.39 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Click here for Sumeru Ind charts
Click here for further forecast and predictions for tomorrow