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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 2025-02-12 View latest technical analysis

10 day averaged volume of Sumit Woods is 16845

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Feb 2025	117.11	117.16	117.16	117.11	1.202 times
11 Tue Feb 2025	123.28	129.99	129.99	123.28	0.416 times
10 Mon Feb 2025	129.77	130.00	134.99	123.86	0.728 times
07 Fri Feb 2025	130.38	132.37	132.37	126.00	0.659 times
06 Thu Feb 2025	132.42	142.00	142.00	129.70	1.217 times
05 Wed Feb 2025	136.53	134.80	137.90	130.00	0.449 times
04 Tue Feb 2025	131.71	126.55	132.98	126.00	1.251 times
03 Mon Feb 2025	126.66	131.98	131.98	126.00	0.893 times
31 Fri Jan 2025	127.93	129.55	132.97	125.11	0.864 times
30 Thu Jan 2025	126.64	124.90	127.97	124.90	2.318 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 121.9, but if it comes above 121.9, then a intra day buy could be more profitable.
If you take a sell trade below 121.9, then use 121.9 as stoploss and 112.8 as target. However if you take a buy trade in stock , then use 121.9 as stoploss and 129.48 as target.

Share price targets for Sumit Woods (SUMIT_BE)

Target Type	Value
Downside Target	110.96
Downside Target	117.11
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	111.15
Downside Intraday Target	105.19
Upside Intraday Target	129.03
Upside Intraday Target	140.95
Upside Intraday Target	123.07

Weekly technical analysis of Sumit Woods (SUMIT_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Feb 2025	117.11	130.00	134.99	117.11	0.525 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, 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
12 Wed Feb 2025	117.11	131.98	142.00	117.11	0.364 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 Weak 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 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 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 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 127.72 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.