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(SUMIT) Sumit Woods complete technical analysis [charts+indicators] | Buy/Sell Sumit Woods | (SUMIT) share price targets

Complete technical analysis of Sumit Woods (SUMIT) by charts plus indicators, forecast predictions and share price targets for Sumit Woods (SUMIT)

Showing technical analysis as on 2025-03-20 View latest technical analysis

10 day averaged volume of Sumit Woods is 40823

Date	Daily Closing Price	Open	High	Low	Volume
20 Thu Mar 2025	107.54	110.12	110.12	106.15	2.211 times
19 Wed Mar 2025	104.88	99.01	104.88	99.01	0.959 times
18 Tue Mar 2025	99.89	104.00	104.00	99.40	0.388 times
17 Mon Mar 2025	99.74	99.96	100.00	97.30	0.43 times
13 Thu Mar 2025	100.09	105.18	105.18	98.00	2.9 times
12 Wed Mar 2025	100.18	101.99	103.09	96.80	1.058 times
11 Tue Mar 2025	98.19	97.99	98.28	95.00	2.518 times
10 Mon Mar 2025	93.60	93.60	93.60	92.90	0.321 times
07 Fri Mar 2025	89.15	88.88	89.15	85.00	0.839 times
06 Thu Mar 2025	84.91	84.89	84.91	84.89	0.103 times

Stock of Sumit Woods (SUMIT) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 101.9, but if it comes below 101.9, then a intra day sell could be more profitable.
If you take a sell trade below 101.9, then use 101.9 as stoploss and 93.3 as target. However if you take a buy trade in stock , then use 101.9 as stoploss and 112.3 as target.

Share price targets for Sumit Woods (SUMIT)

Target Type	Value
Downside Target	47.30
Downside Target	50.30
Downside Target	51.85
Downside Target	54.70
Downside Target	62.95
Downside Target	75.23
Downside Target	80.30
Downside Target	83.36
Downside Target	89.15
Downside Target	92.90
Downside Target	96.01
Downside Target	105.18
Upside Target	110.12
Upside Target	110.49

Intraday share price targets for Sumit Woods (SUMIT)

Target Type	Value
Downside Intraday Target	99.85
Downside Intraday Target	92.17
Upside Intraday Target	112.67
Upside Intraday Target	117.81
Downside Intraday Target	104.99

Weekly technical analysis of Sumit Woods (SUMIT)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Thu Mar 2025	107.54	99.96	110.12	97.30	0.587 times
13 Thu Mar 2025	100.09	93.60	105.18	92.90	2.03 times
07 Fri Mar 2025	89.15	84.99	89.15	75.23	0.951 times
28 Fri Feb 2025	83.36	97.17	98.03	83.36	1.044 times
21 Fri Feb 2025	97.17	104.00	110.49	96.01	0.272 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 Sumit Woods (SUMIT)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Thu Mar 2025	107.54	84.99	110.12	75.23	2.049 times
28 Fri Feb 2025	83.36	104.00	110.49	83.36	0.273 times
09 Tue Apr 2024	80.05	51.85	80.30	51.85	2.274 times
28 Thu Mar 2024	51.85	61.00	62.95	50.30	0.315 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 Sumit Woods (SUMIT)

Price action analysis of Sumit Woods ( (SUMIT) ) based on a short 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.

Price action analysis of Sumit Woods ( (SUMIT) ) based on a short to mid 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.

Price action analysis of Sumit Woods ( (SUMIT) ) 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 Sumit Woods stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Sumit Woods in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sumit Woods Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Sumit Woods in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 Sumit Woods is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 100.37 and Sumit Woods (SUMIT) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Sumit Woods (SUMIT) stock. Volume based technical analysis of Sumit Woods (SUMIT) stock is negative.

Sumit Woods Stock is giving positive 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.