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(SUNDRMFAST) Sundram Fasteners complete technical analysis [charts+indicators] | Buy/Sell Sundram Fasteners | (SUNDRMFAST) share price targets

Complete technical analysis of Sundram Fasteners (SUNDRMFAST) by charts plus indicators, forecast predictions and share price targets for Sundram Fasteners (SUNDRMFAST)

Sundram Fasteners trades in NSE in Auto Parts & Equipment sector.

10 day averaged volume of Sundram Fasteners is 57528

Date Daily Closing Price Open High Low Volume
18 Wed May 2022 733.35 746.00 749.05 730.00 0.321 times
17 Tue May 2022 742.05 721.00 759.00 721.00 1.211 times
16 Mon May 2022 720.45 705.25 749.55 689.00 0.694 times
13 Fri May 2022 705.25 702.95 720.55 689.00 0.859 times
12 Thu May 2022 702.95 725.00 725.35 673.05 1.024 times
11 Wed May 2022 718.20 728.00 733.75 704.45 0.728 times
10 Tue May 2022 724.40 755.00 767.50 720.00 0.841 times
09 Mon May 2022 755.35 749.00 768.90 737.15 0.49 times
06 Fri May 2022 755.25 775.00 779.00 750.00 1.987 times
05 Thu May 2022 775.15 786.30 791.70 758.95 1.686 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 727.9 as stoploss in an intra day buy trade for a target of 773.09. However, stock will show a bearish move below 727.9.

Share price targets for Sundram Fasteners (SUNDRMFAST)

Target Type Value
Downside Target 673.05
Downside Target 689.00
Upside Target 750.00
Upside Target 805.75
Upside Target 819.95
Upside Target 827.10
Upside Target 834.50
Upside Target 863.15
Upside Target 900.00
Upside Target 929.90
Upside Target 938.10
Upside Target 974.80

Intraday share price targets for Sundram Fasteners (SUNDRMFAST)

Target Type Value
Downside Intraday Target 695.23
Downside Intraday Target 657.12
Upside Intraday Target 765.23
Upside Intraday Target 797.12
Downside Intraday Target 727.12

Weekly technical analysis of Sundram Fasteners (SUNDRMFAST)

Date Weekly Closing Price Open High Low Volume
18 Wed May 2022 733.35 705.25 759.00 689.00 0.565 times
13 Fri May 2022 705.25 749.00 768.90 673.05 0.813 times
06 Fri May 2022 755.25 809.70 819.95 750.00 0.452 times
29 Fri Apr 2022 805.50 817.00 834.50 775.65 1.71 times
22 Fri Apr 2022 833.60 836.70 863.15 827.10 3.67 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 Sundram Fasteners (SUNDRMFAST)

Date Monthly Closing Price Open High Low Volume
18 Wed May 2022 733.35 809.70 819.95 673.05 0.445 times
29 Fri Apr 2022 805.50 900.00 938.10 775.65 0.653 times
31 Thu Mar 2022 899.80 853.00 974.80 778.40 2.729 times
28 Mon Feb 2022 852.10 857.00 900.00 781.00 0.879 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 Sundram Fasteners (SUNDRMFAST)

Indicator Name Indicator Value Indicator Signal
ADX 13, 23, 29 Sell
MACD -60, -58Sell
Stochastics 46None
CCI 9Sell
RSI 42Sell
OBV -159810Sell
VWAP 739Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Sundram Fasteners ( (SUNDRMFAST) ) based on a short term time period is

Price action analysis of Sundram Fasteners ( (SUNDRMFAST) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Sundram Fasteners ( (SUNDRMFAST) ) 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 Sundram Fasteners ( (SUNDRMFAST) ) 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 Sundram Fasteners stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Sundram Fasteners 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.

Sundram Fasteners 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 Sundram Fasteners 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

Stock of Sundram Fasteners is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 738.69 and Sundram Fasteners (SUNDRMFAST) 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 Sundram Fasteners (SUNDRMFAST) stock. Volume based technical analysis of Sundram Fasteners (SUNDRMFAST) stock is negative.

Sundram Fasteners 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.

Click here for Sundram Fasteners charts

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Daily charts

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Daily chart

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