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(SUNDARAM_BE) Sundaram Multi complete technical analysis [charts+indicators] | Buy/Sell Sundaram Multi | (SUNDARAM_BE) share price targets

Complete technical analysis of Sundaram Multi (SUNDARAM_BE) by charts plus indicators, forecast predictions and share price targets for Sundaram Multi (SUNDARAM_BE)

Showing technical analysis as on 2024-01-31 View latest technical analysis

10 day averaged volume of Sundaram Multi is 403765

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed Jan 2024	3.00	3.05	3.15	3.00	2.099 times
30 Tue Jan 2024	3.00	3.10	3.10	3.00	2.815 times
29 Mon Jan 2024	3.00	3.00	3.00	2.85	2.698 times
25 Thu Jan 2024	2.90	2.85	2.90	2.85	0.491 times
24 Wed Jan 2024	2.85	2.85	2.85	2.80	0.479 times
23 Tue Jan 2024	2.85	2.95	2.95	2.85	0.726 times
22 Mon Jan 2024	2.90	2.85	2.90	2.85	0.263 times
19 Fri Jan 2024	2.85	2.80	2.85	2.80	0.423 times
18 Thu Jan 2024	2.80	2.80	2.80	2.80	0.877 times
17 Wed Jan 2024	2.85	2.85	2.90	2.85	0.764 times

Stock of Sundaram Multi (SUNDARAM_BE) has showed a significant fall. This could be a good time to exit from this stock.

Share price targets for Sundaram Multi (SUNDARAM_BE)

Target Type	Value
Downside Target	2.70
Downside Target	2.80
Downside Target	3.00
Upside Target	3.10
Upside Target	3.15
Upside Target	3.40
Upside Target	3.45
Upside Target	3.50

Intraday share price targets for Sundaram Multi (SUNDARAM_BE)

Target Type	Value
Downside Intraday Target	2.85
Downside Intraday Target	2.7
Upside Intraday Target	3.15
Upside Intraday Target	3.3
Downside Intraday Target	3

Weekly technical analysis of Sundaram Multi (SUNDARAM_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed Jan 2024	3.00	3.00	3.15	2.85	3.884 times
25 Thu Jan 2024	2.90	2.85	2.95	2.80	0.669 times
19 Fri Jan 2024	2.85	3.00	3.00	2.80	0.793 times
12 Fri Jan 2024	3.00	2.90	3.00	2.90	0.448 times
05 Fri Jan 2024	2.95	2.95	3.00	2.85	11.266 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Sundaram Multi (SUNDARAM_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Wed Jan 2024	3.00	2.95	3.15	2.80	0.804 times
29 Fri Dec 2023	3.00	2.85	3.45	2.70	1.099 times
30 Thu Nov 2023	2.85	2.90	3.00	2.70	0.829 times
31 Tue Oct 2023	2.85	3.35	3.50	2.70	3.086 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 Sundaram Multi (SUNDARAM_BE)

Price action analysis of Sundaram Multi ( (SUNDARAM_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 Sundaram Multi ( (SUNDARAM_BE) ) based on a short to mid 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 Sundaram Multi ( (SUNDARAM_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 Sundaram Multi stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Sundaram Multi in short term but the buy signal is initial and weak.

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

Sundaram Multi Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down

CCI has generated a buy signal for Sundaram Multi in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Sundaram Multi is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.95 and Sundaram Multi (SUNDARAM_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 Sundaram Multi (SUNDARAM_BE) stock. Volume based technical analysis of Sundaram Multi (SUNDARAM_BE) stock is negative.

Sundaram Multi Stock is giving positive 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.