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 2024-12-16 View latest technical analysis

10 day averaged volume of Suumaya Industries is 133365

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	4.68	4.56	4.86	4.56	0.485 times
13 Fri Dec 2024	4.79	5.04	5.04	4.65	0.404 times
12 Thu Dec 2024	4.90	5.07	5.10	4.69	0.695 times
11 Wed Dec 2024	4.92	4.82	4.94	4.80	0.963 times
10 Tue Dec 2024	4.71	4.55	4.73	4.33	1.17 times
09 Mon Dec 2024	4.51	4.53	4.53	4.25	0.991 times
06 Fri Dec 2024	4.32	4.24	4.45	4.12	1.518 times
05 Thu Dec 2024	4.24	4.39	4.50	4.20	0.566 times
04 Wed Dec 2024	4.31	4.44	4.57	4.22	0.53 times
03 Tue Dec 2024	4.39	4.39	4.41	4.30	1.59 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 4.6, but if it comes below 4.6, then a intra day sell could be more profitable.
If you take a sell trade below 4.6, then use 4.6 as stoploss and 4.3 as target. However if you take a buy trade in stock , then use 4.6 as stoploss and 5 as target.

Share price targets for Suumaya Industries (SUULD_BE)

Target Type	Value
Downside Target	3.78
Downside Target	3.93
Downside Target	4.17
Downside Target	4.56
Downside Target	4.66
Upside Target	4.86
Upside Target	5.00
Upside Target	5.10
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	4.54
Downside Intraday Target	4.4
Upside Intraday Target	4.84
Upside Intraday Target	5
Upside Intraday Target	4.7

Weekly technical analysis of Suumaya Industries (SUULD_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	4.68	4.56	4.86	4.56	0.115 times
13 Fri Dec 2024	4.79	4.53	5.10	4.25	0.731 times
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

Price has moved down 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
16 Mon Dec 2024	4.68	4.00	5.10	4.00	1.11 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 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 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 and the buy signal is strong.

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 green color and prices are above the green 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 BUY signal in short term but buying 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 4.55 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.