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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 2025-02-21 View latest technical analysis

10 day averaged volume of Sumit Woods is 112855

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Feb 2025	97.17	102.15	102.20	96.01	0.156 times
20 Thu Feb 2025	100.48	101.40	103.64	97.00	0.11 times
19 Wed Feb 2025	99.41	99.00	102.59	97.56	0.652 times
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	0.267 times
09 Tue Apr 2024	80.05	74.90	80.30	73.45	2.232 times
08 Mon Apr 2024	73.00	65.50	73.00	64.05	2.254 times
05 Fri Apr 2024	66.40	69.15	69.15	63.10	3.575 times
04 Thu Apr 2024	62.90	62.90	62.90	62.90	0.218 times
03 Wed Apr 2024	59.95	59.90	59.95	59.90	0.132 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 89.3, but if it comes below 89.3, then a intra day sell could be more profitable.
If you take a sell trade below 89.3, then use 89.3 as stoploss and 69.16 as target. However if you take a buy trade in stock , then use 89.3 as stoploss and 113.5 as target.

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	96.01
Upside Target	110.49

Intraday share price targets for Sumit Woods (SUMIT)

Target Type	Value
Downside Intraday Target	91.96
Downside Intraday Target	86.74
Upside Intraday Target	106.44
Upside Intraday Target	115.7
Upside Intraday Target	101.22

Weekly technical analysis of Sumit Woods (SUMIT)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Feb 2025	97.17	104.00	110.49	96.01	0.272 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
21 Fri Feb 2025	97.17	104.00	110.49	96.01	0.133 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

Although the stock is in the SELL zone, but selling 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 75.35 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.