Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

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

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

Showing technical analysis as on 2024-11-01 View latest technical analysis

10 day averaged volume of Sumit Woods is 38123

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	141.20	145.23	145.23	138.00	0.125 times
31 Thu Oct 2024	138.32	137.00	140.00	135.10	0.215 times
30 Wed Oct 2024	136.93	139.98	139.98	134.00	0.339 times
29 Tue Oct 2024	133.46	131.00	136.90	128.00	0.667 times
28 Mon Oct 2024	132.39	126.69	133.12	120.45	3.697 times
25 Fri Oct 2024	126.79	132.00	132.00	126.54	0.756 times
24 Thu Oct 2024	133.21	134.30	134.30	129.00	0.091 times
23 Wed Oct 2024	134.35	129.96	135.00	123.46	2.166 times
22 Tue Oct 2024	129.96	136.70	136.70	129.96	1.089 times
21 Mon Oct 2024	136.81	141.00	141.99	133.20	0.589 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 141.7 as stoploss in an intra day sell trade for a target of 136.51. However, stock will show a bullish move above 141.7.

Share price targets for Sumit Woods (SUMIT_BE)

Target Type	Value
Downside Target	74.10
Downside Target	83.00
Downside Target	91.16
Downside Target	120.45
Downside Target	123.46
Downside Target	127.00
Downside Target	131.99
Downside Target	135.34
Upside Target	141.99
Upside Target	145.23
Upside Target	146.25
Upside Target	149.74
Upside Target	152.00
Upside Target	156.99
Upside Target	157.75

Intraday share price targets for Sumit Woods (SUMIT_BE)

Target Type	Value
Downside Intraday Target	126.02
Downside Intraday Target	110.85
Upside Intraday Target	150.8
Upside Intraday Target	160.41
Downside Intraday Target	135.63

Weekly technical analysis of Sumit Woods (SUMIT_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	141.20	126.69	145.23	120.45	1.075 times
25 Fri Oct 2024	126.79	141.00	141.99	123.46	1.177 times
18 Fri Oct 2024	140.00	133.80	149.74	131.99	0.659 times
11 Fri Oct 2024	133.82	145.90	146.25	127.00	6.61 times
04 Fri Oct 2024	145.88	156.99	156.99	145.88	0.242 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Fri Nov 2024	141.20	145.23	145.23	138.00	0.006 times
31 Thu Oct 2024	138.32	151.40	152.00	120.45	0.669 times
30 Mon Sep 2024	154.40	135.34	157.75	135.34	0.663 times
30 Fri Aug 2024	132.69	83.00	132.69	83.00	1.96 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_BE)

Price action analysis of Sumit Woods ( (SUMIT_BE) ) 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_BE) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Sumit Woods ( (SUMIT_BE) ) 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 SELL. 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.

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 red color and prices are in or above the red 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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Sumit Woods is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 132.87 and Sumit Woods (SUMIT_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

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

Sumit Woods Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.