Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(CUMMINSIND) Cummins India complete technical analysis [charts+indicators] | Buy/Sell Cummins India | (CUMMINSIND) share price targets

Complete technical analysis of Cummins India (CUMMINSIND) by charts plus indicators, forecast predictions and share price targets for Cummins India (CUMMINSIND)

Cummins India trades in NSE in Industrial Machinery sector.

Showing technical analysis as on 2024-08-30 View latest technical analysis

10 day averaged volume of Cummins India is 511251

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	3744.70	3735.00	3771.50	3721.15	1.237 times
29 Thu Aug 2024	3734.85	3737.00	3749.95	3691.05	0.662 times
28 Wed Aug 2024	3737.05	3780.00	3785.00	3723.20	1.31 times
27 Tue Aug 2024	3768.60	3854.95	3858.00	3752.80	1.378 times
26 Mon Aug 2024	3860.45	3850.00	3929.00	3821.25	1.59 times
23 Fri Aug 2024	3821.95	3815.00	3852.70	3780.00	0.696 times
22 Thu Aug 2024	3815.70	3839.00	3843.20	3802.20	0.355 times
21 Wed Aug 2024	3833.35	3844.95	3860.95	3800.40	1.022 times
20 Tue Aug 2024	3829.55	3780.00	3844.00	3724.70	1.066 times
19 Mon Aug 2024	3754.85	3781.00	3804.50	3720.00	1.1 times

My analysis of stock is bullish for shortterm, and stock might move up till 3829.3 or till 3950.4. Use a stoploss of 3728.44 and if this stock hits its stoploss, then it can fall down till 3627.54

Share price targets for Cummins India (CUMMINSIND)

Target Type	Value
Downside Target	2922.55
Downside Target	3102.15
Downside Target	3211.10
Downside Target	3336.25
Downside Target	3650.05
Upside Target	3860.95
Upside Target	3867.95
Upside Target	3900.00
Upside Target	3929.00
Upside Target	4154.00
Upside Target	4171.90

Intraday share price targets for Cummins India (CUMMINSIND)

Target Type	Value
Downside Intraday Target	3647.5
Downside Intraday Target	3550.3
Upside Intraday Target	3885.45
Upside Intraday Target	4026.2
Upside Intraday Target	3788.25

Weekly technical analysis of Cummins India (CUMMINSIND)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	3744.70	3850.00	3929.00	3691.05	1.457 times
23 Fri Aug 2024	3821.95	3781.00	3860.95	3720.00	1.091 times
16 Fri Aug 2024	3761.40	3685.00	3776.55	3650.05	0.25 times
09 Fri Aug 2024	3715.10	3431.60	3824.00	3359.05	1.22 times
02 Fri Aug 2024	3510.85	3730.00	3867.95	3471.60	1.386 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 Cummins India (CUMMINSIND)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	3744.70	3850.00	3929.00	3359.05	1.322 times
31 Wed Jul 2024	3852.35	3960.05	4154.00	3407.05	0.722 times
28 Fri Jun 2024	3966.85	3650.00	4171.90	3102.15	1.035 times
31 Fri May 2024	3551.30	3274.00	3900.00	3211.10	2.046 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 Cummins India (CUMMINSIND)

Price action analysis of Cummins India ( (CUMMINSIND) ) 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 Cummins India ( (CUMMINSIND) ) based on a short to mid 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 Cummins India ( (CUMMINSIND) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Cummins India stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Cummins India in short term but the sell signal is initial and weak.

Cummins India Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 Cummins India in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 Cummins India is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 3789.98 and Cummins India (CUMMINSIND) 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 Cummins India (CUMMINSIND) stock. Volume based technical analysis of Cummins India (CUMMINSIND) stock is negative.

Cummins India 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.