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(SUNDARAM) Sundaram Multi complete technical analysis [charts+indicators] | Buy/Sell Sundaram Multi | (SUNDARAM) share price targets

Complete technical analysis of Sundaram Multi (SUNDARAM) by charts plus indicators, forecast predictions and share price targets for Sundaram Multi (SUNDARAM)

Sundaram Multi trades in NSE in Comm.Printing sector.

Showing technical analysis as on 2024-11-22 View latest technical analysis

10 day averaged volume of Sundaram Multi is 689696

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	2.54	2.47	2.59	2.47	0.974 times
21 Thu Nov 2024	2.48	2.55	2.59	2.46	2.202 times
19 Tue Nov 2024	2.59	2.58	2.65	2.52	1.331 times
18 Mon Nov 2024	2.53	2.67	2.67	2.53	0.783 times
14 Thu Nov 2024	2.61	2.65	2.65	2.56	0.701 times
13 Wed Nov 2024	2.60	2.72	2.72	2.59	1.128 times
12 Tue Nov 2024	2.67	2.78	2.79	2.66	0.898 times
11 Mon Nov 2024	2.73	2.70	2.78	2.70	0.613 times
08 Fri Nov 2024	2.78	2.88	2.88	2.77	0.511 times
07 Thu Nov 2024	2.83	2.82	2.88	2.77	1.333 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2.6, but if it comes above 2.6, then a intra day buy could be more profitable.
If you take a sell trade below 2.6, then use 2.6 as stoploss and 2.5 as target. However if you take a buy trade in stock , then use 2.6 as stoploss and 2.65 as target.

Share price targets for Sundaram Multi (SUNDARAM)

Target Type	Value
Downside Target	2.46
Upside Target	2.65
Upside Target	2.75
Upside Target	2.85
Upside Target	2.88
Upside Target	2.98
Upside Target	3.00
Upside Target	3.25
Upside Target	3.45
Upside Target	3.95

Intraday share price targets for Sundaram Multi (SUNDARAM)

Target Type	Value
Downside Intraday Target	2.44
Downside Intraday Target	2.35
Upside Intraday Target	2.65
Upside Intraday Target	2.77
Upside Intraday Target	2.56

Weekly technical analysis of Sundaram Multi (SUNDARAM)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	2.54	2.67	2.67	2.46	1.584 times
14 Thu Nov 2024	2.61	2.70	2.79	2.56	0.892 times
08 Fri Nov 2024	2.78	2.77	2.88	2.66	0.827 times
01 Fri Nov 2024	2.72	2.60	2.75	2.51	0.712 times
25 Fri Oct 2024	2.59	2.82	2.85	2.51	1.127 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Sundaram Multi (SUNDARAM)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	2.54	2.73	2.88	2.46	0.698 times
31 Thu Oct 2024	2.65	2.80	3.00	2.51	0.105 times
15 Mon Jul 2024	3.48	3.01	3.95	2.98	1.075 times
28 Fri Jun 2024	3.00	2.80	3.45	2.50	2.817 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 Sundaram Multi (SUNDARAM)

Price action analysis of Sundaram Multi ( (SUNDARAM) ) 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 Sundaram Multi ( (SUNDARAM) ) based on a short to mid 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 Sundaram Multi ( (SUNDARAM) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Sundaram Multi stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Sundaram Multi in short term and the sell signal is strong.

Sundaram Multi Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Sundaram Multi in short term but BUY signal is weak.

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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Sundaram Multi is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.62 and Sundaram Multi (SUNDARAM) 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 Sundaram Multi (SUNDARAM) stock. Volume based technical analysis of Sundaram Multi (SUNDARAM) stock is negative.

Sundaram Multi Stock has given negative 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.