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(SUMIT) Sumit Woods complete technical analysis [charts+indicators] | Buy/Sell Sumit Woods | (SUMIT) share price targets

Complete technical analysis of Sumit Woods (SUMIT) by charts plus indicators, forecast predictions and share price targets for Sumit Woods (SUMIT)

Showing technical analysis as on 2025-02-18 View latest technical analysis

10 day averaged volume of Sumit Woods is 112249

Date	Daily Closing Price	Open	High	Low	Volume
18 Tue Feb 2025	102.70	105.41	105.41	102.70	0.035 times
17 Mon Feb 2025	108.11	104.00	110.49	100.39	0.268 times
09 Tue Apr 2024	80.05	74.90	80.30	73.45	2.244 times
08 Mon Apr 2024	73.00	65.50	73.00	64.05	2.266 times
05 Fri Apr 2024	66.40	69.15	69.15	63.10	3.594 times
04 Thu Apr 2024	62.90	62.90	62.90	62.90	0.219 times
03 Wed Apr 2024	59.95	59.90	59.95	59.90	0.133 times
02 Tue Apr 2024	57.10	56.00	57.10	55.95	0.528 times
01 Mon Apr 2024	54.40	51.85	54.40	51.85	0.214 times
28 Thu Mar 2024	51.85	54.95	54.95	50.30	0.205 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 98, for a target of 78.6 or 62.38

Share price targets for Sumit Woods (SUMIT)

Target Type	Value
Downside Target	27.25
Downside Target	45.05
Downside Target	47.30
Downside Target	50.30
Downside Target	51.85
Downside Target	54.70
Downside Target	56.50
Downside Target	62.95
Downside Target	69.15
Downside Target	80.30
Downside Target	100.39
Upside Target	110.49

Intraday share price targets for Sumit Woods (SUMIT)

Target Type	Value
Downside Intraday Target	98.56
Downside Intraday Target	94.43
Upside Intraday Target	108.66
Upside Intraday Target	114.63
Upside Intraday Target	104.53

Weekly technical analysis of Sumit Woods (SUMIT)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Tue Feb 2025	102.70	104.00	110.49	100.39	0.067 times
09 Tue Apr 2024	80.05	65.50	80.30	64.05	0.962 times
05 Fri Apr 2024	66.40	51.85	69.15	51.85	4.633 times
28 Thu Mar 2024	51.85	55.85	56.50	50.30	0.966 times
22 Fri Mar 2024	53.85	53.15	54.80	50.75	0.527 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)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Tue Feb 2025	102.70	104.00	110.49	100.39	0.033 times
09 Tue Apr 2024	80.05	51.85	80.30	51.85	2.274 times
28 Thu Mar 2024	51.85	61.00	62.95	50.30	0.315 times
06 Wed Dec 2023	54.70	47.30	54.70	47.30	0.459 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)

Price action analysis of Sumit Woods ( (SUMIT) ) 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) ) 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) ) 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Sumit Woods in short term and the buy signal is strong.

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

Sumit Woods Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Sumit Woods in short term but SELL 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 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 71.13 and Sumit Woods (SUMIT) 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 Sumit Woods (SUMIT) stock. Volume based technical analysis of Sumit Woods (SUMIT) stock is negative.

Sumit Woods Stock is giving positive 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.