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(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 2025-01-17 View latest technical analysis

10 day averaged volume of Sumit Woods is 6175

Date	Daily Closing Price	Open	High	Low	Volume
17 Fri Jan 2025	142.99	137.88	143.40	137.88	0.852 times
16 Thu Jan 2025	140.70	141.81	141.81	140.00	0.971 times
15 Wed Jan 2025	139.03	133.58	139.03	133.58	1.249 times
14 Tue Jan 2025	136.31	136.31	136.31	136.31	0.9 times
13 Mon Jan 2025	139.10	139.10	139.10	139.10	0.034 times
10 Fri Jan 2025	141.94	141.94	141.95	141.94	0.178 times
09 Thu Jan 2025	144.84	148.79	148.79	144.84	0.81 times
08 Wed Jan 2025	147.80	145.72	147.80	143.01	0.765 times
07 Tue Jan 2025	145.72	145.72	145.72	145.72	0.534 times
06 Mon Jan 2025	148.70	148.70	148.70	148.70	2.553 times

My analysis of stock is bearish for shortterm, and stock might move down till 140.1 or till 135.7. Use a stoploss of 143.76 and if the stock hits stoploss, then it can shoot up till 147.45

Share price targets for Sumit Woods (SUMIT_BE)

Target Type	Value
Downside Target	120.45
Downside Target	128.20
Downside Target	133.58
Downside Target	140.22
Upside Target	147.00
Upside Target	148.79
Upside Target	151.74
Upside Target	152.00
Upside Target	155.99
Upside Target	157.75

Intraday share price targets for Sumit Woods (SUMIT_BE)

Target Type	Value
Downside Intraday Target	136.58
Downside Intraday Target	130.17
Upside Intraday Target	146.4
Upside Intraday Target	149.81
Downside Intraday Target	139.99

Weekly technical analysis of Sumit Woods (SUMIT_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Fri Jan 2025	142.99	139.10	143.40	133.58	0.828 times
10 Fri Jan 2025	141.94	148.70	148.79	141.94	0.471 times
03 Fri Jan 2025	151.74	137.41	151.74	137.41	3.316 times
27 Fri Dec 2024	140.22	146.00	146.00	140.22	0.303 times
20 Fri Dec 2024	146.00	150.01	155.99	146.00	0.32 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
17 Fri Jan 2025	142.99	143.00	151.74	133.58	0.182 times
31 Tue Dec 2024	143.00	132.99	155.99	128.20	1.585 times
29 Fri Nov 2024	132.69	145.23	147.00	121.28	0.402 times
31 Thu Oct 2024	138.32	151.40	152.00	120.45	0.669 times

Scroll below to view daily charts

Price has moved down 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Sumit Woods ( (SUMIT_BE) ) 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_BE) ) 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Sumit Woods in short term but the sell signal is initial and weak.

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

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 weakening, and bulls are picking up momentum!

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 but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 143.86 and Sumit Woods (SUMIT_BE) 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_BE) stock. Volume based technical analysis of Sumit Woods (SUMIT_BE) stock is negative.

Sumit Woods Stock has given negative 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.