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(SUNDRMFAST) Sundram Fasteners complete technical analysis [charts+indicators] | Buy/Sell Sundram Fasteners | (SUNDRMFAST) share price targets

Complete technical analysis of Sundram Fasteners (SUNDRMFAST) by charts plus indicators, forecast predictions and share price targets for Sundram Fasteners (SUNDRMFAST)

10 day averaged volume of Sundram Fasteners is 60158

Date Daily Closing Price Open High Low Volume
19 Tue Nov 2024 1179.65 1170.30 1191.40 1162.00 1.038 times
18 Mon Nov 2024 1164.20 1188.45 1194.95 1161.00 0.703 times
14 Thu Nov 2024 1188.45 1210.25 1210.85 1182.60 0.587 times
13 Wed Nov 2024 1198.95 1225.20 1225.90 1189.35 0.756 times
12 Tue Nov 2024 1226.10 1253.00 1255.50 1220.00 0.618 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1230, but if it comes above 1230, then a intra day buy could be more profitable.
If you take a sell trade below 1230, then use 1230 as stoploss and 1146.1 as target. However if you take a buy trade in stock , then use 1230 as stoploss and 1299.89 as target.

Share price targets for Sundram Fasteners (SUNDRMFAST)

Target Type Value
Downside Target 1161.00
Upside Target 1286.25
Upside Target 1323.00
Upside Target 1367.95
Upside Target 1374.40
Upside Target 1399.90
Upside Target 1450.00
Upside Target 1453.00
Upside Target 1497.55
Upside Target 1505.95

Intraday share price targets for Sundram Fasteners (SUNDRMFAST)

Target Type Value
Downside Intraday Target 1162.12
Downside Intraday Target 1144.58
Upside Intraday Target 1196.07
Upside Intraday Target 1212.48
Downside Intraday Target 1178.53

Weekly technical analysis of Sundram Fasteners (SUNDRMFAST)

Date Weekly Closing Price Open High Low Volume
19 Tue Nov 2024 1179.65 1188.45 1194.95 1161.00 0.596 times
14 Thu Nov 2024 1188.45 1299.25 1301.30 1182.60 0.435 times
08 Fri Nov 2024 1294.80 1341.95 1399.90 1286.25 5.865 times
01 Fri Nov 2024 1341.95 1320.50 1367.95 1314.65 0.504 times
30 Wed Oct 2024 1331.75 1365.10 1374.40 1296.10 0.785 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 Sundram Fasteners (SUNDRMFAST)

Date Monthly Closing Price Open High Low Volume
19 Tue Nov 2024 1179.65 1345.00 1399.90 1161.00 0.492 times
31 Thu Oct 2024 1345.10 1374.00 1497.55 1296.10 1.007 times
30 Mon Sep 2024 1372.20 1360.00 1453.00 1323.00 0.979 times
30 Fri Aug 2024 1352.75 1424.00 1450.00 1318.00 0.443 times

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 Sundram Fasteners (SUNDRMFAST)

Indicator Name Indicator Value Indicator Signal
ADX 9, 37, 60 Sell
MACD -89, -66Sell
Stochastics 4Sell
CCI -87Buy
RSI 45Sell
OBV -485959Sell
VWAP 1271Sell
ADL 0Sell
ROC -13Sell
Force Index 0Sell

Price action analysis of Sundram Fasteners ( (SUNDRMFAST) ) 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 Sundram Fasteners ( (SUNDRMFAST) ) 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 Sundram Fasteners ( (SUNDRMFAST) ) based on a short to mid 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 Sundram Fasteners ( (SUNDRMFAST) ) 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 Sundram Fasteners stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Sundram Fasteners in short term and the sell signal is strong.

Sundram Fasteners Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 buy signal for Sundram Fasteners in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Sundram Fasteners is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1271.45 and Sundram Fasteners (SUNDRMFAST) 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 Sundram Fasteners (SUNDRMFAST) stock. Volume based technical analysis of Sundram Fasteners (SUNDRMFAST) stock is negative.

Sundram Fasteners 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.

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