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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)

10 day averaged volume of Sumit Woods is 182035

Date Daily Closing Price Open High Low Volume
16 Fri Apr 2021 10.30 11.25 11.40 10.20 0.397 times
15 Thu Apr 2021 11.20 11.10 11.65 10.70 0.193 times
13 Tue Apr 2021 11.10 11.30 12.00 10.80 0.213 times
12 Mon Apr 2021 11.45 13.20 13.20 11.10 0.722 times
09 Fri Apr 2021 12.90 13.85 14.30 12.50 3.929 times
08 Thu Apr 2021 11.95 10.25 12.10 10.10 3.008 times
07 Wed Apr 2021 10.10 10.25 10.25 10.00 0.142 times
06 Tue Apr 2021 9.95 10.35 10.75 9.75 0.241 times
05 Mon Apr 2021 10.35 10.95 11.00 9.70 0.575 times
01 Thu Apr 2021 10.50 9.60 10.50 9.50 0.836 times

My analysis of stock is bearish for shortterm, and stock might move down till 9.4 or till 8.2. Use a stoploss of 10.31 and if the stock hits stoploss, then it can shoot up till 11.25

Share price targets for Sumit Woods (SUMIT)

Target Type Value
Downside Target 7.45
Downside Target 8.00
Downside Target 8.85
Downside Target 9.20
Downside Target 9.50
Downside Target 10.20
Upside Target 10.45
Upside Target 10.50
Upside Target 13.20
Upside Target 14.30
Upside Target 15.30

Intraday share price targets for Sumit Woods (SUMIT)

Target Type Value
Downside Intraday Target 9.27
Downside Intraday Target 8.23
Upside Intraday Target 12.27
Upside Intraday Target 14.23
Upside Intraday Target 11.23

Weekly technical analysis of Sumit Woods (SUMIT)

Date Weekly Closing Price Open High Low Volume
16 Fri Apr 2021 10.30 13.20 13.20 10.20 0.193 times
09 Fri Apr 2021 12.90 10.95 14.30 9.70 6.492 times
01 Thu Apr 2021 10.50 10.00 10.50 8.85 0.556 times
26 Fri Mar 2021 10.05 9.20 10.20 9.20 2.296 times
19 Fri Mar 2021 9.20 10.45 10.45 8.90 0.893 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 Sumit Woods (SUMIT)

Date Monthly Closing Price Open High Low Volume
16 Fri Apr 2021 10.30 9.60 14.30 9.50 2.02 times
31 Wed Mar 2021 9.55 8.80 10.45 8.00 2.19 times
25 Thu Feb 2021 8.65 9.55 9.60 8.10 0.225 times
16 Wed Dec 2020 10.85 8.20 15.30 7.45 7.997 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)

Indicator Name Indicator Value Indicator Signal
ADX 30, 22, 15 Buy
MACD 1, 1Buy
Stochastics 34None
CCI -36Sell
RSI 56Buy
OBV 1310326Sell
VWAP 12Sell
ADL 0Sell
ROC 8Buy
Force Index 0Sell

Price action analysis of Sumit Woods ( (SUMIT) ) 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 Sumit Woods ( (SUMIT) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 Sumit Woods stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Sumit Woods Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down

CCI has generated a SELL signal for Sumit Woods in short term and SELL 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 11.9 and Sumit Woods (SUMIT) 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 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.

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Daily charts

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