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

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

10 day averaged volume of Sumit Woods is 16077

Date	Daily Closing Price	Open	High	Low	Volume
14 Fri Feb 2025	105.68	112.80	112.80	105.68	5.951 times
13 Thu Feb 2025	111.25	111.25	118.90	111.25	1.955 times
12 Wed Feb 2025	117.11	117.16	117.16	117.11	1.259 times
11 Tue Feb 2025	123.28	129.99	129.99	123.28	0.436 times
10 Mon Feb 2025	129.77	130.00	134.99	123.86	0.763 times
07 Fri Feb 2025	130.38	132.37	132.37	126.00	0.69 times
06 Thu Feb 2025	132.42	142.00	142.00	129.70	1.275 times
05 Wed Feb 2025	136.53	134.80	137.90	130.00	0.47 times
04 Tue Feb 2025	131.71	126.55	132.98	126.00	1.311 times
03 Mon Feb 2025	126.66	131.98	131.98	126.00	0.935 times

Stock of Sumit Woods (SUMIT_BE) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 107, for a target of 117.4 or 126.14

Share price targets for Sumit Woods (SUMIT_BE)

Target Type	Value
Downside Target	105.68
Upside Target	110.96
Upside Target	120.45
Upside Target	126.00
Upside Target	132.97
Upside Target	142.00
Upside Target	143.40
Upside Target	147.00
Upside Target	147.88
Upside Target	151.74
Upside Target	152.00
Upside Target	155.99

Intraday share price targets for Sumit Woods (SUMIT_BE)

Target Type	Value
Downside Intraday Target	95.91
Downside Intraday Target	86.14
Upside Intraday Target	125.22
Upside Intraday Target	144.76
Upside Intraday Target	115.45

Weekly technical analysis of Sumit Woods (SUMIT_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Fri Feb 2025	105.68	130.00	134.99	105.68	2.214 times
07 Fri Feb 2025	130.38	131.98	142.00	126.00	0.435 times
31 Fri Jan 2025	127.93	126.00	132.97	110.96	3.314 times
24 Fri Jan 2025	126.50	147.88	147.88	122.01	2.111 times
17 Fri Jan 2025	142.99	139.10	143.40	133.58	0.828 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 Sumit Woods (SUMIT_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
14 Fri Feb 2025	105.68	131.98	142.00	105.68	0.766 times
31 Fri Jan 2025	127.93	143.00	151.74	110.96	0.636 times
31 Tue Dec 2024	143.00	132.99	155.99	128.20	1.585 times
29 Fri Nov 2024	132.69	145.23	147.00	121.28	0.402 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 Sumit Woods (SUMIT_BE)

Price action analysis of Sumit Woods ( (SUMIT_BE) ) 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 Sumit Woods ( (SUMIT_BE) ) 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 Sumit Woods ( (SUMIT_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 Sumit Woods stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Sumit Woods in short term and the sell signal is strong.

Sumit Woods Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Sumit Woods in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 117.03 and Sumit Woods (SUMIT_BE) 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 Sumit Woods (SUMIT_BE) stock. Volume based technical analysis of Sumit Woods (SUMIT_BE) stock is negative.

Sumit Woods 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.