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(SUULD_BE) Suumaya Industries complete technical analysis [charts+indicators] | Buy/Sell Suumaya Industries | (SUULD_BE) share price targets

Complete technical analysis of Suumaya Industries (SUULD_BE) by charts plus indicators, forecast predictions and share price targets for Suumaya Industries (SUULD_BE)

Showing technical analysis as on 2024-07-29 View latest technical analysis

10 day averaged volume of Suumaya Industries is 144715

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	6.03	5.65	6.06	5.65	1.821 times
26 Fri Jul 2024	5.78	5.79	5.86	5.60	0.942 times
25 Thu Jul 2024	5.79	5.95	5.95	5.70	0.57 times
24 Wed Jul 2024	5.80	5.84	6.00	5.70	0.628 times
23 Tue Jul 2024	5.84	5.96	5.96	5.75	0.471 times
22 Mon Jul 2024	5.82	5.68	5.96	5.45	1.367 times
19 Fri Jul 2024	5.68	5.52	5.82	5.52	0.448 times
18 Thu Jul 2024	5.71	5.62	5.92	5.62	1.743 times
16 Tue Jul 2024	5.92	6.19	6.19	5.80	1.344 times
15 Mon Jul 2024	6.00	6.25	6.25	5.95	1.427 times

My analysis of stock is bearish for shortterm, and stock might move down till 5.6 or till 5. Use a stoploss of 6.14 and if the stock hits stoploss, then it can shoot up till 6.68

Share price targets for Suumaya Industries (SUULD_BE)

Target Type	Value
Downside Target	5.45
Downside Target	5.65
Downside Target	6.00
Upside Target	6.25
Upside Target	6.53
Upside Target	7.45
Upside Target	7.75
Upside Target	8.05
Upside Target	8.55
Upside Target	9.25
Upside Target	10.80
Upside Target	11.00

Intraday share price targets for Suumaya Industries (SUULD_BE)

Target Type	Value
Downside Intraday Target	5.77
Downside Intraday Target	5.5
Upside Intraday Target	6.18
Upside Intraday Target	6.32
Downside Intraday Target	5.91

Weekly technical analysis of Suumaya Industries (SUULD_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	6.03	5.65	6.06	5.65	0.458 times
26 Fri Jul 2024	5.78	5.68	6.00	5.45	0.802 times
19 Fri Jul 2024	5.68	6.25	6.25	5.52	0.919 times
12 Fri Jul 2024	6.14	6.53	6.53	6.01	0.662 times
05 Fri Jul 2024	6.35	5.89	6.35	5.70	0.605 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 Suumaya Industries (SUULD_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	6.03	5.89	6.53	5.45	1.079 times
22 Fri Mar 2024	7.45	8.00	8.55	7.45	1.83 times
29 Thu Feb 2024	8.05	10.80	10.80	8.05	0.524 times
31 Wed Jan 2024	11.00	7.95	11.00	7.75	1.511 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 Suumaya Industries (SUULD_BE)

Price action analysis of Suumaya Industries ( (SUULD_BE) ) 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 Suumaya Industries ( (SUULD_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 Suumaya Industries ( (SUULD_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 Suumaya Industries ( (SUULD_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 Suumaya Industries stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Suumaya Industries 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.

Suumaya Industries 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 below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Suumaya Industries in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 Suumaya Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 5.86 and Suumaya Industries (SUULD_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 Suumaya Industries (SUULD_BE) stock. Volume based technical analysis of Suumaya Industries (SUULD_BE) stock is negative.

Suumaya Industries 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.