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 2025-01-20 View latest technical analysis

10 day averaged volume of Sumit Woods is 5462

Date	Daily Closing Price	Open	High	Low	Volume
20 Mon Jan 2025	143.28	147.88	147.88	140.15	1.09 times
17 Fri Jan 2025	142.99	137.88	143.40	137.88	0.963 times
16 Thu Jan 2025	140.70	141.81	141.81	140.00	1.097 times
15 Wed Jan 2025	139.03	133.58	139.03	133.58	1.412 times
14 Tue Jan 2025	136.31	136.31	136.31	136.31	1.017 times
13 Mon Jan 2025	139.10	139.10	139.10	139.10	0.038 times
10 Fri Jan 2025	141.94	141.94	141.95	141.94	0.201 times
09 Thu Jan 2025	144.84	148.79	148.79	144.84	0.916 times
08 Wed Jan 2025	147.80	145.72	147.80	143.01	0.865 times
07 Tue Jan 2025	145.72	145.72	145.72	145.72	0.603 times

My analysis of stock is bearish for shortterm, and stock might move down till 140 or till 135.6. Use a stoploss of 143.62 and if the stock hits stoploss, then it can shoot up till 147.27

Share price targets for Sumit Woods (SUMIT_BE)

Target Type	Value
Downside Target	120.45
Downside Target	128.20
Downside Target	133.58
Upside Target	147.00
Upside Target	147.88
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	139.66
Downside Intraday Target	136.04
Upside Intraday Target	147.39
Upside Intraday Target	151.5
Upside Intraday Target	143.77

Weekly technical analysis of Sumit Woods (SUMIT_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Mon Jan 2025	143.28	147.88	147.88	140.15	0.241 times
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

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
20 Mon Jan 2025	143.28	143.00	151.74	133.58	0.194 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 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 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 Weak and stock is losing 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. 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 142.08 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 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.