Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-08 View latest technical analysis

10 day averaged volume of Suumaya Industries is 173953

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	5.45	5.15	5.49	5.08	1.483 times
07 Wed Aug 2024	5.35	5.35	5.35	5.35	2.898 times
06 Tue Aug 2024	5.64	5.80	5.90	5.38	0.48 times
05 Mon Aug 2024	5.66	5.80	5.80	5.58	1.401 times
02 Fri Aug 2024	5.88	5.95	6.02	5.64	0.76 times
01 Thu Aug 2024	5.87	5.89	6.00	5.75	0.492 times
31 Wed Jul 2024	5.87	6.21	6.21	5.76	0.629 times
30 Tue Jul 2024	6.03	6.05	6.15	5.88	0.568 times
29 Mon Jul 2024	6.03	5.65	6.06	5.65	1.515 times
26 Fri Jul 2024	5.78	5.79	5.86	5.60	0.783 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 5.4, for a target of 5.6 or 5.82

Share price targets for Suumaya Industries (SUULD_BE)

Target Type	Value
Downside Target	5.08
Downside Target	5.45
Upside Target	5.64
Upside Target	5.90
Upside Target	6.21
Upside Target	6.53
Upside Target	7.45
Upside Target	7.75
Upside Target	8.05
Upside Target	8.55
Upside Target	10.80
Upside Target	11.00

Intraday share price targets for Suumaya Industries (SUULD_BE)

Target Type	Value
Downside Intraday Target	5.05
Downside Intraday Target	4.66
Upside Intraday Target	5.87
Upside Intraday Target	6.3
Upside Intraday Target	5.48

Weekly technical analysis of Suumaya Industries (SUULD_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	5.45	5.80	5.90	5.08	1.58 times
02 Fri Aug 2024	5.88	5.65	6.21	5.64	1.198 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

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

Monthly technical analysis of Suumaya Industries (SUULD_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	5.45	5.89	6.02	5.08	0.351 times
31 Wed Jul 2024	5.87	5.89	6.53	5.45	1.143 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

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 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 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 Strong and stock is gaining 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Suumaya Industries 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 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 5.66 and Suumaya Industries (SUULD_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 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.