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(MSUMI) Motherson Sumi complete technical analysis [charts+indicators] | Buy/Sell Motherson Sumi | (MSUMI) share price targets

Complete technical analysis of Motherson Sumi (MSUMI) by charts plus indicators, forecast predictions and share price targets for Motherson Sumi (MSUMI)

Showing technical analysis as on 2024-03-15 View latest technical analysis

10 day averaged volume of Motherson Sumi is 8685353

Date	Daily Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	62.40	63.90	64.80	62.00	1.423 times
14 Thu Mar 2024	63.60	61.10	64.25	60.15	1.765 times
13 Wed Mar 2024	61.55	64.65	65.95	61.00	1.932 times
12 Tue Mar 2024	64.65	66.15	66.40	63.15	1.268 times
11 Mon Mar 2024	66.15	68.10	68.10	65.80	0.82 times
07 Thu Mar 2024	67.70	68.50	70.10	67.20	0.948 times
06 Wed Mar 2024	70.10	70.80	71.30	69.00	0.718 times
05 Tue Mar 2024	70.40	70.50	71.35	69.55	0.793 times
04 Mon Mar 2024	69.95	71.70	71.70	69.65	0.85 times
02 Sat Mar 2024	71.45	70.30	71.70	70.10	0.097 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 61.6, for a target of 65.6 or 68.99

Share price targets for Motherson Sumi (MSUMI)

Target Type	Value
Downside Target	57.85
Downside Target	59.10
Downside Target	61.95
Upside Target	63.60
Upside Target	66.75
Upside Target	68.85
Upside Target	71.70
Upside Target	71.80
Upside Target	73.70
Upside Target	73.75
Upside Target	74.80

Intraday share price targets for Motherson Sumi (MSUMI)

Target Type	Value
Downside Intraday Target	59
Downside Intraday Target	55.6
Upside Intraday Target	66.95
Upside Intraday Target	71.5
Upside Intraday Target	63.55

Weekly technical analysis of Motherson Sumi (MSUMI)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	62.40	68.10	68.10	60.15	2.179 times
07 Thu Mar 2024	67.70	71.70	71.70	67.20	0.769 times
02 Sat Mar 2024	71.45	71.00	73.70	68.70	1.43 times
23 Fri Feb 2024	70.25	72.80	73.75	68.85	0.451 times
16 Fri Feb 2024	72.35	69.35	74.80	64.60	0.63 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Motherson Sumi (MSUMI)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	62.40	70.35	71.80	60.15	0.338 times
29 Thu Feb 2024	70.15	66.35	74.80	64.60	1.37 times
31 Wed Jan 2024	65.05	62.25	66.75	60.25	1.477 times
29 Fri Dec 2023	61.75	62.00	63.60	59.10	1.549 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 Motherson Sumi (MSUMI)

Price action analysis of Motherson Sumi ( (MSUMI) ) 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 Motherson Sumi ( (MSUMI) ) 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 Motherson Sumi ( (MSUMI) ) 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 Motherson Sumi stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Motherson Sumi in short term and the sell signal is strong.

Motherson Sumi 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 buy signal for Motherson Sumi 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 Motherson Sumi is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 65.28 and Motherson Sumi (MSUMI) 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 Motherson Sumi (MSUMI) stock. Volume based technical analysis of Motherson Sumi (MSUMI) stock is negative.

Motherson Sumi 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.