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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 2025-01-14 View latest technical analysis

10 day averaged volume of Sumit Woods is 8039

Date	Daily Closing Price	Open	High	Low	Volume
14 Tue Jan 2025	136.31	136.31	136.31	136.31	0.691 times
13 Mon Jan 2025	139.10	139.10	139.10	139.10	0.026 times
10 Fri Jan 2025	141.94	141.94	141.95	141.94	0.137 times
09 Thu Jan 2025	144.84	148.79	148.79	144.84	0.622 times
08 Wed Jan 2025	147.80	145.72	147.80	143.01	0.588 times
07 Tue Jan 2025	145.72	145.72	145.72	145.72	0.41 times
06 Mon Jan 2025	148.70	148.70	148.70	148.70	1.961 times
03 Fri Jan 2025	151.74	151.74	151.74	151.74	1.542 times
02 Thu Jan 2025	148.77	148.77	148.77	148.77	2.481 times
01 Wed Jan 2025	145.86	143.00	145.86	143.00	0.443 times

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 136.5, for a target of 141.1 or 144.98

Share price targets for Sumit Woods (SUMIT_BE)

Target Type	Value
Downside Target	120.45
Downside Target	128.20
Downside Target	135.34
Upside Target	146.00
Upside Target	147.00
Upside Target	148.79
Upside Target	151.74
Upside Target	152.00
Upside Target	155.99
Upside Target	157.75

Intraday share price targets for Sumit Woods (SUMIT_BE)

Target Type	Value
Downside Intraday Target	135.38
Downside Intraday Target	134.45
Upside Intraday Target	138.17
Upside Intraday Target	140.03
Upside Intraday Target	137.24

Weekly technical analysis of Sumit Woods (SUMIT_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Tue Jan 2025	136.31	139.10	139.10	136.31	0.193 times
10 Fri Jan 2025	141.94	148.70	148.79	141.94	0.471 times
03 Fri Jan 2025	151.74	137.41	151.74	137.41	3.316 times
27 Fri Dec 2024	140.22	146.00	146.00	140.22	0.303 times
20 Fri Dec 2024	146.00	150.01	155.99	146.00	0.32 times

Price has moved down 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
14 Tue Jan 2025	136.31	143.00	151.74	136.31	0.144 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
31 Thu Oct 2024	138.32	151.40	152.00	120.45	0.669 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

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

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 green color and prices are in or below the green 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 BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 147.54 and Sumit Woods (SUMIT_BE) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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.