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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 2025-04-23 View latest technical analysis

10 day averaged volume of Sumit Woods is 40448

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Apr 2025	113.91	117.00	117.00	107.00	2.474 times
22 Tue Apr 2025	109.06	99.76	109.06	98.64	1.098 times
21 Mon Apr 2025	99.15	95.25	102.98	95.25	1.112 times
17 Thu Apr 2025	97.82	97.58	99.80	96.10	0.402 times
16 Wed Apr 2025	98.31	97.99	101.00	95.91	0.746 times
15 Tue Apr 2025	95.83	88.12	97.22	87.24	1.667 times
11 Fri Apr 2025	88.39	84.49	90.99	84.49	1.029 times
09 Wed Apr 2025	84.49	94.71	94.71	82.50	1.146 times
08 Tue Apr 2025	86.10	81.40	86.52	80.40	1.368 times
07 Mon Apr 2025	80.91	81.00	81.00	80.91	0.511 times

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

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 112.2, for a target of 103.2 or 95.61

Share price targets for Sumit Woods (SUMIT)

Target Type	Value
Downside Target	50.30
Downside Target	51.85
Downside Target	62.95
Downside Target	75.23
Downside Target	80.30
Downside Target	83.36
Downside Target	87.24
Downside Target	89.91
Downside Target	92.79
Downside Target	94.71
Downside Target	98.90
Downside Target	101.00
Downside Target	104.60
Downside Target	110.49
Downside Target	112.49
Upside Target	117.00

Intraday share price targets for Sumit Woods (SUMIT)

Target Type	Value
Downside Intraday Target	100.44
Downside Intraday Target	86.97
Upside Intraday Target	122.19
Upside Intraday Target	130.47
Downside Intraday Target	108.72

Weekly technical analysis of Sumit Woods (SUMIT)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Apr 2025	113.91	95.25	117.00	95.25	1.664 times
17 Thu Apr 2025	97.82	88.12	101.00	87.24	0.694 times
11 Fri Apr 2025	88.39	81.00	94.71	80.40	0.572 times
04 Fri Apr 2025	89.91	91.00	98.90	89.91	1.062 times
28 Fri Mar 2025	94.70	103.60	104.60	92.79	1.124 times

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

Monthly technical analysis of Sumit Woods (SUMIT)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Wed Apr 2025	113.91	91.00	117.00	80.40	0.816 times
28 Fri Mar 2025	94.70	84.99	112.49	75.23	3.283 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

Scroll below to view daily charts

Price has moved up 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 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 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 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 97.91 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.