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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 2025-05-23 View latest technical analysis

10 day averaged volume of Sumit Woods is 93618

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri May 2025	105.56	107.14	107.14	103.21	0.119 times
22 Thu May 2025	104.66	105.50	105.58	103.08	0.104 times
21 Wed May 2025	103.84	106.39	106.59	103.03	0.36 times
20 Tue May 2025	106.69	109.94	109.94	103.50	0.721 times
19 Mon May 2025	108.08	100.00	109.90	99.50	3.121 times
16 Fri May 2025	100.49	100.14	101.66	99.00	0.701 times
15 Thu May 2025	100.21	99.10	101.98	98.21	0.518 times
14 Wed May 2025	100.53	100.00	107.90	97.77	3.48 times
13 Tue May 2025	99.55	104.46	104.46	95.08	0.261 times
12 Mon May 2025	94.97	93.99	95.99	93.00	0.306 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 105.6 as stoploss in an intra day sell trade for a target of 100.77. However, stock will show a bullish move above 105.6.

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	86.62
Downside Target	93.00
Downside Target	95.25
Downside Target	98.00
Downside Target	103.92
Upside Target	107.90
Upside Target	109.94
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	100.06
Downside Intraday Target	94.56
Upside Intraday Target	110.5
Upside Intraday Target	115.44
Downside Intraday Target	105

Weekly technical analysis of Sumit Woods (SUMIT)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri May 2025	105.56	100.00	109.94	99.50	0.84 times
16 Fri May 2025	100.49	93.99	107.90	93.00	3.719 times
09 Fri May 2025	90.71	103.03	103.92	86.62	0.964 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

Price has moved up 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
23 Fri May 2025	105.56	106.39	109.94	86.62	1.139 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 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 Sumit Woods (SUMIT)

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

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

MACD generated a BUY signal for Sumit Woods 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.

Sumit Woods 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 moving up

CCI has generated a buy signal for Sumit Woods in short term and BUY 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 Sumit Woods is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 103.43 and Sumit Woods (SUMIT) 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 Sumit Woods (SUMIT) stock. Volume based technical analysis of Sumit Woods (SUMIT) stock is negative.

Sumit Woods 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.