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

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

Showing technical analysis as on 2024-09-24 View latest technical analysis

10 day averaged volume of Sundaram Multi is 573039

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	3.05	3.09	3.09	3.01	1.894 times
23 Mon Sep 2024	2.96	2.87	2.96	2.85	0.953 times
20 Fri Sep 2024	2.82	2.83	2.90	2.80	1.353 times
19 Thu Sep 2024	2.85	2.90	2.93	2.85	0.989 times
18 Wed Sep 2024	2.90	2.94	2.96	2.88	1.2 times
17 Tue Sep 2024	2.92	2.95	2.98	2.91	0.903 times
16 Mon Sep 2024	2.95	2.98	2.99	2.94	0.886 times
13 Fri Sep 2024	2.96	2.98	2.98	2.93	1.01 times
12 Thu Sep 2024	2.95	2.95	2.99	2.91	0.727 times
11 Wed Sep 2024	2.95	2.94	2.98	2.94	0.885 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 3.1, for a target of 3 or 2.95

Share price targets for Sundaram Multi (SUNDARAM_BE)

Target Type	Value
Downside Target	2.80
Upside Target	3.09
Upside Target	3.11
Upside Target	3.15
Upside Target	3.40
Upside Target	3.49

Intraday share price targets for Sundaram Multi (SUNDARAM_BE)

Target Type	Value
Downside Intraday Target	2.9
Downside Intraday Target	2.76
Upside Intraday Target	3.14
Upside Intraday Target	3.24
Downside Intraday Target	3

Weekly technical analysis of Sundaram Multi (SUNDARAM_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	3.05	2.87	3.09	2.85	0.534 times
20 Fri Sep 2024	2.82	2.98	2.99	2.80	1.146 times
13 Fri Sep 2024	2.96	2.98	3.01	2.90	0.731 times
06 Fri Sep 2024	2.94	3.01	3.09	2.90	0.944 times
30 Fri Aug 2024	2.97	3.06	3.11	2.95	1.116 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 Sundaram Multi (SUNDARAM_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	3.05	3.01	3.09	2.80	0.65 times
30 Fri Aug 2024	2.97	3.38	3.40	2.91	1.032 times
31 Wed Jul 2024	3.33	3.49	3.49	3.11	1.508 times
09 Fri Feb 2024	3.05	3.10	3.15	2.85	1.102 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 Sundaram Multi (SUNDARAM_BE)

Price action analysis of Sundaram Multi ( (SUNDARAM_BE) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Sundaram Multi ( (SUNDARAM_BE) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Sundaram Multi ( (SUNDARAM_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 Sundaram Multi stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Sundaram Multi in short term but the buy signal is initial and weak.

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

Sundaram Multi 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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Sundaram Multi in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 2.94 and Sundaram Multi (SUNDARAM_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Sundaram Multi (SUNDARAM_BE) stock. Volume based technical analysis of Sundaram Multi (SUNDARAM_BE) stock is negative.

Sundaram Multi 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.