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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 2024-12-05 View latest technical analysis

10 day averaged volume of Suumaya Industries is 95983

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	4.24	4.39	4.50	4.20	0.786 times
04 Wed Dec 2024	4.31	4.44	4.57	4.22	0.736 times
03 Tue Dec 2024	4.39	4.39	4.41	4.30	2.209 times
02 Mon Dec 2024	4.20	4.00	4.20	4.00	2.186 times
29 Fri Nov 2024	4.00	4.19	4.19	3.95	0.641 times
28 Thu Nov 2024	4.13	4.06	4.16	3.96	1.02 times
27 Wed Nov 2024	4.06	4.15	4.17	3.93	0.92 times
26 Tue Nov 2024	4.06	4.10	4.12	3.97	0.634 times
25 Mon Nov 2024	4.00	4.10	4.10	3.94	0.458 times
22 Fri Nov 2024	3.97	3.86	4.06	3.86	0.556 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 4.3 as stoploss in an intra day sell trade for a target of 4.15. However, stock will show a bullish move above 4.3.

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	4.57
Upside Target	4.59
Upside Target	4.60
Upside Target	4.66
Upside Target	5.00
Upside Target	5.13
Upside Target	5.27
Upside Target	6.02

Intraday share price targets for Suumaya Industries (SUULD_BE)

Target Type	Value
Downside Intraday Target	3.97
Downside Intraday Target	3.7
Upside Intraday Target	4.54
Upside Intraday Target	4.84
Upside Intraday Target	4.27

Weekly technical analysis of Suumaya Industries (SUULD_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	4.24	4.00	4.57	4.00	1.611 times
29 Fri Nov 2024	4.00	4.10	4.19	3.93	1.692 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Suumaya Industries (SUULD_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	4.24	4.00	4.57	4.00	0.451 times
29 Fri Nov 2024	4.00	4.45	4.60	3.84	0.694 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

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 to mid term time period is neutral. A longer time frame might give a better analysis.

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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Suumaya Industries in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 4.19 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.