(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, -58 | Sell |
| Stochastics | 46 | None |
| CCI | 9 | Sell |
| RSI | 42 | Sell |
| OBV | -159810 | Sell |
| VWAP | 739 | Sell |
| ADL | 0 | Sell |
| ROC | -6 | Sell |
| Force Index | 0 | Sell |
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.
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