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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 2024-11-28 View latest technical analysis

10 day averaged volume of Suumaya Industries is 63620

Date	Daily Closing Price	Open	High	Low	Volume
28 Thu Nov 2024	4.13	4.06	4.16	3.96	1.539 times
27 Wed Nov 2024	4.06	4.15	4.17	3.93	1.388 times
26 Tue Nov 2024	4.06	4.10	4.12	3.97	0.956 times
25 Mon Nov 2024	4.00	4.10	4.10	3.94	0.691 times
22 Fri Nov 2024	3.97	3.86	4.06	3.86	0.839 times
21 Thu Nov 2024	3.90	4.01	4.01	3.84	0.964 times
19 Tue Nov 2024	3.90	4.17	4.17	3.85	0.795 times
18 Mon Nov 2024	4.02	3.84	4.09	3.84	0.677 times
14 Thu Nov 2024	4.00	4.26	4.41	3.99	2.083 times
13 Wed Nov 2024	4.21	4.39	4.39	4.21	0.595 times

My analysis of stock is bearish for shortterm, and stock might move down till 4 or till 3.8. Use a stoploss of 4.19 and if the stock hits stoploss, then it can shoot up till 4.37

Share price targets for Suumaya Industries (SUULD_BE)

Target Type	Value
Downside Target	3.78
Downside Target	3.93
Downside Target	4.12
Upside Target	4.51
Upside Target	4.60
Upside Target	4.66
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	3.98
Downside Intraday Target	3.84
Upside Intraday Target	4.22
Upside Intraday Target	4.32
Downside Intraday Target	4.08

Weekly technical analysis of Suumaya Industries (SUULD_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Thu Nov 2024	4.13	4.10	4.17	3.93	1.397 times
22 Fri Nov 2024	3.97	3.84	4.17	3.84	0.603 times
14 Thu Nov 2024	4.00	4.48	4.51	3.99	1.086 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

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
28 Thu Nov 2024	4.13	4.45	4.60	3.84	0.66 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 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 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 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 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 SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 4.03 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 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.