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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 2024-09-30 View latest technical analysis

10 day averaged volume of Suumaya Industries is 91841

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	5.13	4.84	5.15	4.84	2.819 times
27 Fri Sep 2024	4.91	4.93	4.95	4.83	1.159 times
26 Thu Sep 2024	4.93	4.88	4.96	4.80	1.03 times
25 Wed Sep 2024	4.88	5.00	5.02	4.85	0.778 times
24 Tue Sep 2024	4.98	4.98	5.00	4.90	1.183 times
23 Mon Sep 2024	4.86	4.93	5.03	4.85	1.016 times
20 Fri Sep 2024	4.96	4.93	5.03	4.90	0.576 times
19 Thu Sep 2024	4.93	5.09	5.12	4.80	1.324 times
18 Wed Sep 2024	5.05	5.10	5.14	5.01	1.139 times
17 Tue Sep 2024	5.10	5.12	5.20	5.04	0.705 times

Stock of Suumaya Industries (SUULD_BE) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 5.1, but if it comes below 5.1, then a intra day sell could be more profitable.
If you take a sell trade below 5.1, then use 5.1 as stoploss and 4.98 as target. However if you take a buy trade in stock , then use 5.1 as stoploss and 5.3 as target.

Share price targets for Suumaya Industries (SUULD_BE)

Target Type	Value
Downside Target	4.66
Downside Target	4.80
Downside Target	5.00
Upside Target	5.27
Upside Target	5.45
Upside Target	6.02
Upside Target	6.53
Upside Target	7.45
Upside Target	8.05
Upside Target	8.55
Upside Target	10.80

Intraday share price targets for Suumaya Industries (SUULD_BE)

Target Type	Value
Downside Intraday Target	4.93
Downside Intraday Target	4.73
Upside Intraday Target	5.24
Upside Intraday Target	5.35
Downside Intraday Target	5.04

Weekly technical analysis of Suumaya Industries (SUULD_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	5.13	4.84	5.15	4.84	0.546 times
27 Fri Sep 2024	4.91	4.93	5.03	4.80	1.068 times
20 Fri Sep 2024	4.96	5.10	5.23	4.80	0.341 times
13 Fri Sep 2024	5.08	5.03	5.10	4.66	2.008 times
06 Fri Sep 2024	5.03	5.27	5.27	5.00	0.623 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
30 Mon Sep 2024	5.13	5.27	5.27	4.66	0.769 times
30 Fri Aug 2024	5.23	5.89	6.02	5.00	1.091 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

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 to mid 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 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 BUY. Signal strength is Weak 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 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 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 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 rising upwards.

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 is giving positive 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.