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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)

Showing technical analysis as on 2024-12-11 View latest technical analysis

10 day averaged volume of Sumit Woods is 36582

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Dec 2024	149.90	150.00	150.00	145.20	0.839 times
10 Tue Dec 2024	151.26	151.26	151.26	147.00	2.096 times
09 Mon Dec 2024	144.06	144.00	144.06	140.50	1.907 times
06 Fri Dec 2024	137.20	132.40	137.60	130.16	0.9 times
05 Thu Dec 2024	132.35	134.90	134.90	129.15	1.887 times
04 Wed Dec 2024	133.14	133.39	134.70	131.46	0.396 times
03 Tue Dec 2024	131.43	135.80	135.80	128.20	1.505 times
02 Mon Dec 2024	134.22	132.99	137.00	132.00	0.503 times
29 Fri Nov 2024	132.69	136.75	136.75	128.25	0.17 times
28 Thu Nov 2024	132.88	132.00	137.00	128.30	0.358 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 148.8, for a target of 140.9 or 134.32

Share price targets for Sumit Woods (SUMIT_BE)

Target Type	Value
Downside Target	83.00
Downside Target	120.45
Downside Target	124.85
Downside Target	128.20
Downside Target	130.93
Downside Target	135.34
Downside Target	140.50
Downside Target	142.00
Downside Target	147.00
Upside Target	151.26
Upside Target	152.00
Upside Target	157.75

Intraday share price targets for Sumit Woods (SUMIT_BE)

Target Type	Value
Downside Intraday Target	143.18
Downside Intraday Target	136.46
Upside Intraday Target	153.94
Upside Intraday Target	157.98
Downside Intraday Target	147.22

Weekly technical analysis of Sumit Woods (SUMIT_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Dec 2024	149.90	144.00	151.26	140.50	0.933 times
06 Fri Dec 2024	137.20	132.99	137.60	128.20	2.947 times
29 Fri Nov 2024	132.69	133.00	137.00	128.25	1.317 times
22 Fri Nov 2024	129.90	126.95	130.93	121.28	0.39 times
14 Thu Nov 2024	127.09	142.00	142.00	124.85	1.8 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Wed Dec 2024	149.90	132.99	151.26	128.20	1.171 times
29 Fri Nov 2024	132.69	145.23	147.00	121.28	0.402 times
31 Thu Oct 2024	138.32	151.40	152.00	120.45	0.669 times
30 Mon Sep 2024	154.40	135.34	157.75	135.34	0.663 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_BE)

Price action analysis of Sumit Woods ( (SUMIT_BE) ) 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_BE) ) 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_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 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 and the buying is gaining 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 140.04 and Sumit Woods (SUMIT_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 Sumit Woods (SUMIT_BE) stock. Volume based technical analysis of Sumit Woods (SUMIT_BE) 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.