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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 2025-02-03 View latest technical analysis

10 day averaged volume of Sumit Woods is 22523

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Feb 2025	126.66	131.98	131.98	126.00	0.668 times
31 Fri Jan 2025	127.93	129.55	132.97	125.11	0.646 times
30 Thu Jan 2025	126.64	124.90	127.97	124.90	1.733 times
29 Wed Jan 2025	121.88	110.96	121.99	110.96	0.902 times
28 Tue Jan 2025	116.80	114.20	120.00	114.16	3.165 times
27 Mon Jan 2025	120.17	126.00	126.00	120.17	1.236 times
24 Fri Jan 2025	126.50	127.69	128.99	122.01	0.442 times
23 Thu Jan 2025	127.71	124.20	130.14	123.65	0.42 times
22 Wed Jan 2025	130.14	137.90	141.85	130.14	0.595 times
21 Tue Jan 2025	136.99	143.50	145.00	136.12	0.597 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 125 as stoploss in an intra day buy trade for a target of 134.16. However, stock will show a bearish move below 125.

Share price targets for Sumit Woods (SUMIT_BE)

Target Type	Value
Downside Target	110.96
Downside Target	120.45
Downside Target	126.00
Upside Target	131.98
Upside Target	141.94
Upside Target	143.40
Upside Target	147.00
Upside Target	147.88
Upside Target	148.79
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	124.45
Downside Intraday Target	122.23
Upside Intraday Target	130.43
Upside Intraday Target	134.19
Upside Intraday Target	128.21

Weekly technical analysis of Sumit Woods (SUMIT_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Feb 2025	126.66	131.98	131.98	126.00	0.087 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
10 Fri Jan 2025	141.94	148.70	148.79	141.94	0.471 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
03 Mon Feb 2025	126.66	131.98	131.98	126.00	0.048 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 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 neutral. A longer time frame might give a better analysis.

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.

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

Sumit Woods Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term but selling 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 123.38 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 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.