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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 2024-11-12 View latest technical analysis

10 day averaged volume of Suumaya Industries is 78385

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	4.44	4.19	4.51	4.19	0.82 times
11 Mon Nov 2024	4.39	4.48	4.49	4.30	1.414 times
08 Fri Nov 2024	4.30	4.24	4.54	4.22	0.95 times
07 Thu Nov 2024	4.33	4.24	4.44	4.24	0.827 times
06 Wed Nov 2024	4.24	4.28	4.35	4.17	0.5 times
05 Tue Nov 2024	4.30	4.38	4.39	4.12	0.66 times
04 Mon Nov 2024	4.33	4.54	4.59	4.29	1.121 times
01 Fri Nov 2024	4.52	4.45	4.60	4.40	0.455 times
31 Thu Oct 2024	4.40	4.37	4.41	4.22	1.681 times
30 Wed Oct 2024	4.20	4.09	4.21	4.01	0.897 times

My analysis of stock is bullish for shortterm, and stock might move up till 4.6 or till 4.9. Use a stoploss of 4.33 and if this stock hits its stoploss, then it can fall down till 4.08

Share price targets for Suumaya Industries (SUULD_BE)

Target Type	Value
Downside Target	3.78
Downside Target	3.88
Downside Target	4.12
Upside Target	4.51
Upside Target	4.83
Upside Target	4.96
Upside Target	5.00
Upside Target	5.13
Upside Target	5.27
Upside Target	5.45
Upside Target	6.02
Upside Target	6.53

Intraday share price targets for Suumaya Industries (SUULD_BE)

Target Type	Value
Downside Intraday Target	4.25
Downside Intraday Target	4.06
Upside Intraday Target	4.57
Upside Intraday Target	4.7
Downside Intraday Target	4.38

Weekly technical analysis of Suumaya Industries (SUULD_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	4.44	4.48	4.51	4.19	0.551 times
08 Fri Nov 2024	4.30	4.54	4.59	4.12	0.747 times
01 Fri Nov 2024	4.52	3.88	4.60	3.78	0.835 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

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
12 Tue Nov 2024	4.44	4.45	4.60	4.12	0.291 times
31 Thu Oct 2024	4.40	5.13	5.13	3.78	0.581 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

Scroll below to view daily charts

Price has moved up 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 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 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 SELL. 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. Bulls are getting stronger in this stock.

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 SELL signal for Suumaya Industries in short term but SELL signal is weak.

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 4.35 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.