(SumeruInd) Sumeru Ind complete technical analysis [charts+indicators] | Buy/Sell Sumeru Ind | (SumeruInd) share price targets
Complete technical analysis of Sumeru Ind (SumeruInd) by charts plus indicators, forecast predictions and share price targets for Sumeru Ind (SumeruInd)
10 day averaged volume of Sumeru Ind is 4354
Date | Daily Closing Price | Open | High | Low | Volume |
25 Thu Apr 2024 | 1.93 | 1.93 | 1.93 | 1.93 | 1.633 times |
24 Wed Apr 2024 | 1.90 | 1.92 | 1.94 | 1.90 | 1.562 times |
23 Tue Apr 2024 | 1.93 | 1.90 | 1.93 | 1.90 | 1.911 times |
22 Mon Apr 2024 | 1.93 | 1.96 | 1.96 | 1.93 | 0.321 times |
19 Fri Apr 2024 | 1.96 | 1.96 | 1.99 | 1.96 | 0.895 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1.9 as stoploss in an intra day buy trade for a target of 2. However, stock will show a bearish move below 1.9.
Share price targets for Sumeru Ind (SumeruInd)
Target Type | Value |
Downside Target | 1.49 |
Downside Target | 1.54 |
Downside Target | 1.70 |
Downside Target | 1.90 |
Upside Target | 1.96 |
Upside Target | 2.08 |
Upside Target | 2.15 |
Upside Target | 2.20 |
Upside Target | 2.24 |
Upside Target | 2.58 |
Upside Target | 2.60 |
Upside Target | 3.07 |
Intraday share price targets for Sumeru Ind (SumeruInd)
Target Type | Value |
Downside Intraday Target | 1.9 |
Downside Intraday Target | 1.87 |
Upside Intraday Target | 1.96 |
Upside Intraday Target | 1.99 |
Downside Intraday Target | 1.93 |
Weekly technical analysis of Sumeru Ind (SumeruInd)
Date | Weekly Closing Price | Open | High | Low | Volume |
25 Thu Apr 2024 | 1.93 | 1.96 | 1.96 | 1.90 | 1.551 times |
19 Fri Apr 2024 | 1.96 | 2.10 | 2.10 | 1.96 | 1.881 times |
12 Fri Apr 2024 | 2.12 | 2.24 | 2.24 | 2.08 | 0.115 times |
05 Fri Apr 2024 | 2.20 | 1.84 | 2.20 | 1.75 | 2.438 times |
28 Thu Mar 2024 | 1.84 | 1.92 | 1.96 | 1.72 | 0.387 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 Sumeru Ind (SumeruInd)
Date | Monthly Closing Price | Open | High | Low | Volume |
25 Thu Apr 2024 | 1.93 | 1.84 | 2.24 | 1.75 | 0.305 times |
28 Thu Mar 2024 | 1.84 | 2.51 | 2.60 | 1.72 | 0.349 times |
29 Thu Feb 2024 | 2.41 | 2.46 | 3.07 | 2.15 | 0.874 times |
31 Wed Jan 2024 | 2.44 | 1.63 | 2.58 | 1.54 | 2.536 times |
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 Sumeru Ind (SumeruInd)
Indicator Name | Indicator Value | Indicator Signal |
ADX | 63, 63, 0 | Sell |
MACD | -0, -0 | Sell |
Stochastics | 7 | Sell |
CCI | -70 | Buy |
RSI | 54 | Buy |
OBV | 1065 | Sell |
VWAP | 2 | Sell |
ADL | 0 | Sell |
ROC | -9 | Sell |
Force Index | 0 | Sell |
Price action analysis of Sumeru Ind ( (SumeruInd) ) 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 Sumeru Ind ( (SumeruInd) ) 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 Sumeru Ind ( (SumeruInd) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Sumeru Ind ( (SumeruInd) ) 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 Sumeru Ind stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Sumeru Ind in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sumeru Ind 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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Sumeru Ind 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 negative zone. This is the SELL zone
Stock of Sumeru Ind is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1.98 and Sumeru Ind (SumeruInd) 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 Sumeru Ind (SumeruInd) stock. Volume based technical analysis of Sumeru Ind (SumeruInd) stock is negative.
Sumeru Ind 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.
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