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(SUMIT) Sumit Woods complete technical analysis [charts+indicators] | Buy/Sell Sumit Woods | (SUMIT) share price targets

Complete technical analysis of Sumit Woods (SUMIT) by charts plus indicators, forecast predictions and share price targets for Sumit Woods (SUMIT)

Showing technical analysis as on 2025-05-08 View latest technical analysis

10 day averaged volume of Sumit Woods is 42694

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu May 2025	92.16	94.87	95.00	90.55	0.349 times
07 Wed May 2025	94.68	96.51	97.50	91.44	0.548 times
06 Tue May 2025	94.87	103.92	103.92	91.50	0.58 times
05 Mon May 2025	101.56	103.03	103.05	100.00	0.687 times
02 Fri May 2025	99.84	106.39	106.71	98.00	1.131 times
30 Wed Apr 2025	103.67	106.01	107.00	100.50	0.529 times
29 Tue Apr 2025	104.06	102.91	109.69	102.91	0.396 times
28 Mon Apr 2025	105.62	106.00	108.99	99.97	1.164 times
25 Fri Apr 2025	103.60	109.50	109.50	99.11	1.819 times
24 Thu Apr 2025	109.95	114.51	115.06	105.50	0.801 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 89.7 as stoploss in an intra day buy trade for a target of 98.2. However, stock will show a bearish move below 89.7.

Share price targets for Sumit Woods (SUMIT)

Target Type	Value
Downside Target	51.85
Downside Target	75.23
Downside Target	80.30
Downside Target	83.36
Downside Target	87.24
Downside Target	90.55
Upside Target	94.71
Upside Target	98.00
Upside Target	101.00
Upside Target	103.92
Upside Target	106.71
Upside Target	109.69
Upside Target	110.49
Upside Target	112.49
Upside Target	117.00

Intraday share price targets for Sumit Woods (SUMIT)

Target Type	Value
Downside Intraday Target	87.17
Downside Intraday Target	82.17
Upside Intraday Target	100.54
Upside Intraday Target	108.91
Upside Intraday Target	95.54

Weekly technical analysis of Sumit Woods (SUMIT)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu May 2025	92.16	103.03	103.92	90.55	0.672 times
02 Fri May 2025	99.84	106.00	109.69	98.00	0.456 times
25 Fri Apr 2025	103.60	95.25	117.00	95.25	2.647 times
17 Thu Apr 2025	97.82	88.12	101.00	87.24	0.694 times
11 Fri Apr 2025	88.39	81.00	94.71	80.40	0.572 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 Sumit Woods (SUMIT)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Thu May 2025	92.16	106.39	106.71	90.55	0.147 times
30 Wed Apr 2025	103.67	91.00	117.00	80.40	1.033 times
28 Fri Mar 2025	94.70	84.99	112.49	75.23	3.283 times
28 Fri Feb 2025	83.36	104.00	110.49	83.36	0.273 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 Sumit Woods (SUMIT)

Price action analysis of Sumit Woods ( (SUMIT) ) based on a short 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 Sumit Woods ( (SUMIT) ) based on a short to mid 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 Sumit Woods ( (SUMIT) ) based on a mid to longer 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

ADX buy sell signal for Sumit Woods stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Sumit Woods in short term but the sell signal is initial and weak.

Sumit Woods Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 Sumit Woods in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Sumit Woods is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 102.11 and Sumit Woods (SUMIT) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Sumit Woods (SUMIT) stock. Volume based technical analysis of Sumit Woods (SUMIT) stock is negative.

Sumit Woods 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.