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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 2024-12-17 View latest technical analysis

10 day averaged volume of Suumaya Industries is 118848

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	4.52	4.68	4.68	4.44	0.919 times
16 Mon Dec 2024	4.68	4.56	4.86	4.56	0.544 times
13 Fri Dec 2024	4.79	5.04	5.04	4.65	0.453 times
12 Thu Dec 2024	4.90	5.07	5.10	4.69	0.78 times
11 Wed Dec 2024	4.92	4.82	4.94	4.80	1.08 times
10 Tue Dec 2024	4.71	4.55	4.73	4.33	1.313 times
09 Mon Dec 2024	4.51	4.53	4.53	4.25	1.112 times
06 Fri Dec 2024	4.32	4.24	4.45	4.12	1.704 times
05 Thu Dec 2024	4.24	4.39	4.50	4.20	0.635 times
04 Wed Dec 2024	4.31	4.44	4.57	4.22	0.595 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 4.7 as stoploss in an intra day sell trade for a target of 4.33. However, stock will show a bullish move above 4.7.

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	4.44
Upside Target	4.57
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	4.35
Downside Intraday Target	4.19
Upside Intraday Target	4.77
Upside Intraday Target	5.03
Upside Intraday Target	4.61

Weekly technical analysis of Suumaya Industries (SUULD_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	4.52	4.56	4.86	4.44	0.309 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
17 Tue Dec 2024	4.52	4.00	5.10	4.00	1.196 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 SELL. 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.

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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Suumaya Industries in short term and SELL signal is strong!

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 4.58 and Suumaya Industries (SUULD_BE) stock is trading below this level. This means that stock is falling with high volumes. 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.