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 2024-08-22 View latest technical analysis

10 day averaged volume of Suumaya Industries is 209066

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	5.23	5.35	5.37	5.12	0.736 times
21 Wed Aug 2024	5.23	5.15	5.39	5.12	0.533 times
20 Tue Aug 2024	5.22	5.25	5.27	5.10	0.442 times
19 Mon Aug 2024	5.16	5.17	5.22	5.00	0.508 times
16 Fri Aug 2024	5.17	5.20	5.25	5.09	0.442 times
14 Wed Aug 2024	5.26	5.64	5.64	5.11	1.206 times
13 Tue Aug 2024	5.38	5.31	5.58	5.26	0.91 times
12 Mon Aug 2024	5.54	5.10	5.60	5.07	1.22 times
09 Fri Aug 2024	5.34	5.35	5.46	5.18	1.094 times
08 Thu Aug 2024	5.45	5.15	5.49	5.08	1.234 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 5.2 as stoploss in an intra day buy trade for a target of 5.54. However, stock will show a bearish move below 5.2.

Share price targets for Suumaya Industries (SUULD_BE)

Target Type	Value
Downside Target	5.00
Upside Target	5.39
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	5.02
Downside Intraday Target	4.82
Upside Intraday Target	5.41
Upside Intraday Target	5.6
Downside Intraday Target	5.21

Weekly technical analysis of Suumaya Industries (SUULD_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	5.23	5.17	5.39	5.00	0.587 times
16 Fri Aug 2024	5.17	5.10	5.64	5.07	0.599 times
09 Fri Aug 2024	5.34	5.80	5.90	5.08	1.912 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

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
22 Thu Aug 2024	5.23	5.89	6.02	5.00	0.748 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 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 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 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. 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 coming down

CCI has generated a SELL signal for Suumaya Industries in short term and SELL 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

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 5.34 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.