(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)
Intraday share price targets for Sumit Woods (SUMIT)
|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|
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.