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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 2024-12-06 View latest technical analysis

10 day averaged volume of Suumaya Industries is 97399

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	4.32	4.24	4.45	4.12	2.079 times
05 Thu Dec 2024	4.24	4.39	4.50	4.20	0.775 times
04 Wed Dec 2024	4.31	4.44	4.57	4.22	0.726 times
03 Tue Dec 2024	4.39	4.39	4.41	4.30	2.177 times
02 Mon Dec 2024	4.20	4.00	4.20	4.00	2.154 times
29 Fri Nov 2024	4.00	4.19	4.19	3.95	0.632 times
28 Thu Nov 2024	4.13	4.06	4.16	3.96	1.006 times
27 Wed Nov 2024	4.06	4.15	4.17	3.93	0.907 times
26 Tue Nov 2024	4.06	4.10	4.12	3.97	0.625 times
25 Mon Nov 2024	4.00	4.10	4.10	3.94	0.452 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 4.3, but if it comes below 4.3, then a intra day sell could be more profitable.
If you take a sell trade below 4.3, then use 4.3 as stoploss and 4.16 as target. However if you take a buy trade in stock , then use 4.3 as stoploss and 4.5 as target.

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	4.02
Downside Intraday Target	3.73
Upside Intraday Target	4.59
Upside Intraday Target	4.87
Downside Intraday Target	4.3

Weekly technical analysis of Suumaya Industries (SUULD_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	4.32	4.00	4.57	4.00	2.185 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
06 Fri Dec 2024	4.32	4.00	4.57	4.00	0.611 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 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 moving up

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 and selling is picking up 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 4.22 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.