Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-02-04 View latest technical analysis

10 day averaged volume of Sumit Woods is 23432

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Feb 2025	131.71	126.55	132.98	126.00	0.899 times
03 Mon Feb 2025	126.66	131.98	131.98	126.00	0.642 times
31 Fri Jan 2025	127.93	129.55	132.97	125.11	0.621 times
30 Thu Jan 2025	126.64	124.90	127.97	124.90	1.666 times
29 Wed Jan 2025	121.88	110.96	121.99	110.96	0.867 times
28 Tue Jan 2025	116.80	114.20	120.00	114.16	3.042 times
27 Mon Jan 2025	120.17	126.00	126.00	120.17	1.188 times
24 Fri Jan 2025	126.50	127.69	128.99	122.01	0.425 times
23 Thu Jan 2025	127.71	124.20	130.14	123.65	0.403 times
22 Wed Jan 2025	130.14	137.90	141.85	130.14	0.572 times

My analysis of stock is bearish for shortterm, and stock might move down till 124.7 or till 114.2. Use a stoploss of 133.46 and if the stock hits stoploss, then it can shoot up till 142.23

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	132.97
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	127.48
Downside Intraday Target	123.25
Upside Intraday Target	134.46
Upside Intraday Target	137.21
Downside Intraday Target	130.23

Weekly technical analysis of Sumit Woods (SUMIT_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Feb 2025	131.71	131.98	132.98	126.00	0.209 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 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
04 Tue Feb 2025	131.71	131.98	132.98	126.00	0.114 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 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 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 Weak and stock is losing 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Sumit Woods in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing 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 123.35 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.