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 2024-10-29 View latest technical analysis

10 day averaged volume of Suumaya Industries is 87180

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	4.01	3.82	4.01	3.82	1.344 times
28 Mon Oct 2024	3.82	3.88	3.94	3.78	0.815 times
25 Fri Oct 2024	3.94	4.09	4.09	3.88	1.689 times
24 Thu Oct 2024	4.09	4.35	4.35	4.08	0.936 times
23 Wed Oct 2024	4.26	4.20	4.33	4.16	0.523 times
22 Tue Oct 2024	4.35	4.51	4.57	4.35	1.643 times
21 Mon Oct 2024	4.58	4.83	4.83	4.50	1.058 times
18 Fri Oct 2024	4.74	4.86	4.86	4.66	0.909 times
17 Thu Oct 2024	4.67	4.78	4.89	4.65	0.986 times
16 Wed Oct 2024	4.78	4.90	4.90	4.76	0.548 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 4.2, but if it comes above 4.2, then a intra day buy could be more profitable.
If you take a sell trade below 4.2, then use 4.2 as stoploss and 3.8 as target. However if you take a buy trade in stock , then use 4.2 as stoploss and 4.62 as target.

Share price targets for Suumaya Industries (SUULD_BE)

Target Type	Value
Downside Target	3.78
Downside Target	3.88
Downside Target	4.01
Upside Target	4.65
Upside Target	4.96
Upside Target	5.15
Upside Target	5.27
Upside Target	5.45
Upside Target	6.02
Upside Target	6.53
Upside Target	7.45
Upside Target	8.55

Intraday share price targets for Suumaya Industries (SUULD_BE)

Target Type	Value
Downside Intraday Target	3.86
Downside Intraday Target	3.7
Upside Intraday Target	4.09
Upside Intraday Target	4.16
Downside Intraday Target	3.93

Weekly technical analysis of Suumaya Industries (SUULD_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	4.01	3.88	4.01	3.78	0.369 times
25 Fri Oct 2024	3.94	4.83	4.83	3.88	1.518 times
18 Fri Oct 2024	4.74	4.96	4.96	4.65	1.019 times
11 Fri Oct 2024	4.88	5.09	5.09	4.75	0.647 times
04 Fri Oct 2024	4.99	4.84	5.15	4.84	1.074 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 Tue Oct 2024	4.01	5.13	5.13	3.78	0.516 times
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

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 losing momentum.

MACD generated a SELL signal for Suumaya Industries in short term and the sell signal is strong.

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 buy signal for Suumaya Industries in short term but BUY 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 Suumaya Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 4.28 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.