(SUMEETINDS) Sumeet Industries complete technical analysis [charts+indicators] | Buy/Sell Sumeet Industries | (SUMEETINDS) share price targets
Complete technical analysis of Sumeet Industries (SUMEETINDS) by charts plus indicators, forecast predictions and share price targets for Sumeet Industries (SUMEETINDS)
Sumeet Industries trades in NSE in Textiles sector.
10 day averaged volume of Sumeet Industries is 676094
Date | Daily Closing Price | Open | High | Low | Volume |
27 Tue Dec 2022 | 5.80 | 5.65 | 6.00 | 5.65 | 0.239 times |
26 Mon Dec 2022 | 5.65 | 5.30 | 5.85 | 5.20 | 0.5 times |
23 Fri Dec 2022 | 5.25 | 6.00 | 6.15 | 5.05 | 1.07 times |
22 Thu Dec 2022 | 5.95 | 6.40 | 6.60 | 5.85 | 0.512 times |
21 Wed Dec 2022 | 6.55 | 7.05 | 7.25 | 6.35 | 2.555 times |
20 Tue Dec 2022 | 7.30 | 6.50 | 7.40 | 6.50 | 2.3 times |
19 Mon Dec 2022 | 6.45 | 6.30 | 6.60 | 6.15 | 0.67 times |
16 Fri Dec 2022 | 6.30 | 6.15 | 6.40 | 6.15 | 0.404 times |
15 Thu Dec 2022 | 6.15 | 6.00 | 6.55 | 6.00 | 0.829 times |
14 Wed Dec 2022 | 6.20 | 6.30 | 6.40 | 5.80 | 0.544 times |
My analysis of stock is bearish for shortterm, and stock might move down till 5.4 or till 4.7. Use a stoploss of 5.9 and if the stock hits stoploss, then it can shoot up till 6.44
Share price targets for Sumeet Industries (SUMEETINDS)
Target Type | Value |
Downside Target | 4.65 |
Downside Target | 5.05 |
Downside Target | 5.50 |
Upside Target | 5.90 |
Upside Target | 6.00 |
Upside Target | 6.50 |
Upside Target | 6.55 |
Upside Target | 6.85 |
Upside Target | 6.90 |
Upside Target | 7.40 |
Upside Target | 7.45 |
Intraday share price targets for Sumeet Industries (SUMEETINDS)
Target Type | Value |
Downside Intraday Target | 5.33 |
Downside Intraday Target | 4.87 |
Upside Intraday Target | 6.13 |
Upside Intraday Target | 6.47 |
Downside Intraday Target | 5.67 |
Weekly technical analysis of Sumeet Industries (SUMEETINDS)
Date | Weekly Closing Price | Open | High | Low | Volume |
27 Tue Dec 2022 | 5.80 | 5.30 | 6.00 | 5.20 | 0.104 times |
23 Fri Dec 2022 | 5.25 | 6.30 | 7.40 | 5.05 | 2.542 times |
16 Fri Dec 2022 | 6.30 | 5.85 | 6.55 | 5.50 | 0.371 times |
09 Fri Dec 2022 | 5.70 | 5.30 | 6.85 | 5.15 | 7.404 times |
02 Fri Dec 2022 | 5.20 | 5.45 | 5.55 | 5.10 | 0.6 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 Sumeet Industries (SUMEETINDS)
Date | Monthly Closing Price | Open | High | Low | Volume |
27 Tue Dec 2022 | 5.80 | 5.20 | 7.40 | 5.05 | 2.861 times |
30 Wed Nov 2022 | 5.10 | 5.75 | 5.90 | 4.65 | 1.584 times |
31 Mon Oct 2022 | 5.70 | 5.70 | 6.50 | 5.50 | 0.359 times |
30 Fri Sep 2022 | 5.70 | 6.20 | 6.90 | 5.65 | 1.284 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Sumeet Industries (SUMEETINDS)
Price action analysis of Sumeet Industries ( (SUMEETINDS) ) 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 Sumeet Industries ( (SUMEETINDS) ) 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 Sumeet Industries ( (SUMEETINDS) ) 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 Sumeet Industries ( (SUMEETINDS) ) 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 Sumeet Industries stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Sumeet Industries in short term but the sell signal is initial and weak.
Sumeet Industries 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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Sumeet Industries 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 Sumeet Industries is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6.42 and Sumeet Industries (SUMEETINDS) 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 Sumeet Industries (SUMEETINDS) stock. Volume based technical analysis of Sumeet Industries (SUMEETINDS) stock is negative.
Sumeet Industries 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 Sumeet Industries ( (SUMEETINDS) ) 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 Sumeet Industries ( (SUMEETINDS) ) 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 Sumeet Industries ( (SUMEETINDS) ) 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 Sumeet Industries ( (SUMEETINDS) ) 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 Sumeet Industries stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Sumeet Industries in short term but the sell signal is initial and weak.
Sumeet Industries 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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Sumeet Industries 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 Sumeet Industries is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6.42 and Sumeet Industries (SUMEETINDS) 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 Sumeet Industries (SUMEETINDS) stock. Volume based technical analysis of Sumeet Industries (SUMEETINDS) stock is negative.
Sumeet Industries 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.
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Daily charts
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