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Munafa technical analysis Sumax Engineering Limited SUMAX_SM technical analysis buy or sell

Munafa technical analysis Sumax Engineering Limited SUMAX_SM technical analysis buy or sell Analysis of Sumax Engineering Limited SUMAX_SM to buy or sell for Daily, weekly or monthly

Date Close Open High Low
30 Fri Oct 91.40 89.50 94.00 88.05
29 Thu Oct 89.85 87.65 90.00 87.65
28 Wed Oct 89.95 90.55 95.25 89.35
27 Tue Oct 91.50 96.25 101.80 90.00
26 Mon Oct 94.00 93.00 94.50 91.60

Stock of Sumax Engineering Limited closed at 91.40 and it opened at 89.50
It moved inside a range of 88.05 and 94.00

52 week High is 118.00 and 52 week Low is
Financial Year High is 127.05 and Low is 87.65
This year High is 127.05 and Low is 87.65

Sumax Engineering Limited SUMAX_SM Daily Analysis to buy or sell

As per my analysis of Sumax Engineering Limited SUMAX_SM, 12 day returns for Sumax Engineering Limited SUMAX_SM have been negative, with total returns of -9.65, which is -9.55% with investment starting at 101.05.
An investment of 100,000 bucks in Sumax Engineering Limited would have become 90450 bucks today.

Sumax Engineering Limited SUMAX_SM moves in a range of 3.1 points on a day to day basis. This means that a total of approx 3.1 plus points of returns can be expected in a bullish day, and a total of 3.1 minus points can be expected in a bearish day.
This is about 3.39% of returns per day.

Sumax Engineering Limited Munafa analysis, looking for Trend and BUY or SELL opportunities.

Stock is in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Sumax Engineering Limited SUMAX_SM at this time.

It appears as if Sumax Engineering Limited SUMAX_SM gave a large move recently.

Stock of Sumax Engineering Limited (SUMAX_SM) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, and the stock might move lower...

My analysis of Sumax Engineering Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Sumax Engineering Limited stays below 92.3, but if it comes above 92.3, then a intra day buy could be more profitable.
If you take a sell trade below 92.3, then use 92.3 as stoploss and 85.4 as target. However if you take a buy trade in Sumax Engineering Limited, then use 92.3 as stoploss and 98.01 as target.

You can find more Price Targets here or Forecast here for Shortterm, Midterm, and Longterm

Daily Candle Stick analysis of Sumax Engineering Limited SUMAX_SM

Candle stick analysis of Sumax Engineering Limited as on 30 Fri Oct 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Sumax Engineering Limited are:
HL: 6.8 HC: 2.8 LC: 3.8 OC: 5

Sumax Engineering Limited is moving towards a high expiry

Candle stick analysis of Sumax Engineering Limited as on 29 Thu Oct 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Sumax Engineering Limited are:
HL: 2.7 HC: 0.2 LC: 2.5 OC: 2.7

Sumax Engineering Limited is moving towards a high expiry

Candle stick analysis of Sumax Engineering Limited as on 28 Wed Oct 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Sumax Engineering Limited are:
HL: 6.6 HC: 5.9 LC: 0.7 OC: 5.2

Sumax Engineering Limited is moving towards a low expiry

Candle stick analysis of Sumax Engineering Limited as on 27 Tue Oct 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Sumax Engineering Limited are:
HL: 13.1 HC: 11.3 LC: 1.7 OC: 5.8

Sumax Engineering Limited is moving towards a low expiry

Candle stick analysis of Sumax Engineering Limited as on 26 Mon Oct 2026 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Sumax Engineering Limited are:
HL: 3.2 HC: 0.5 LC: 2.6 OC: 1.6

Sumax Engineering Limited is moving towards a high expiry

Sumax Engineering Limited SUMAX_SM Weekly Analysis to buy or sell

As per my analysis of Sumax Engineering Limited SUMAX_SM, 12 week returns for Sumax Engineering Limited SUMAX_SM have been positive, with total returns of 91.4, which is 83.74% with investment starting at 109.15.
An investment of 100,000 bucks in Sumax Engineering Limited would have become 183740 bucks today.

Sumax Engineering Limited SUMAX_SM moves in a range of 1.5 points on a week to week basis. This means that a total of approx 1.5 plus points of returns can be expected in a bullish week, and a total of 1.5 minus points can be expected in a bearish week.
This is about 1.64% of returns per week.

Weekly Candle Stick analysis of Sumax Engineering Limited SUMAX_SM

Candle stick analysis of Sumax Engineering Limited as on 30 Fri Oct 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Sumax Engineering Limited are:
HL: 16.1 HC: 11.4 LC: 4.3 OC: 9.5

Sumax Engineering Limited is moving towards a low expiry

Candle stick analysis of Sumax Engineering Limited as on 23 Fri Oct 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Sumax Engineering Limited are:
HL: 9.3 HC: 8.3 LC: 0.9 OC: 0

Sumax Engineering Limited is moving towards a low expiry

Sumax Engineering Limited is forming a DOJI candle

Candle stick analysis of Sumax Engineering Limited as on 16 Fri Oct 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Sumax Engineering Limited are:
HL: 7.4 HC: 1 LC: 6.3 OC: 1

Sumax Engineering Limited is moving towards a high expiry

Candle stick analysis of Sumax Engineering Limited as on 06 Tue Oct 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Sumax Engineering Limited are:
HL: 6.4 HC: 1.7 LC: 4.6 OC: 1

Sumax Engineering Limited is moving towards a high expiry

Candle stick analysis of Sumax Engineering Limited as on 01 Thu Oct 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Sumax Engineering Limited are:
HL: 13.1 HC: 10.6 LC: 2.3 OC: 3.7

Sumax Engineering Limited is moving towards a low expiry

Sumax Engineering Limited SUMAX_SM Monthly Analysis to buy or sell

As per my analysis of Sumax Engineering Limited SUMAX_SM, 12 month returns for Sumax Engineering Limited SUMAX_SM have been positive, with total returns of 91.4, which is 83.74% with investment starting at 109.15.
An investment of 100,000 bucks in Sumax Engineering Limited would have become 183740 bucks today.

Sumax Engineering Limited SUMAX_SM moves in a range of 1.5 points on a month to month basis. This means that a total of approx 1.5 plus points of returns can be expected in a bullish month, and a total of 1.5 minus points can be expected in a bearish month.
This is about 1.64% of returns per month.

Monthly Candle Stick analysis of Sumax Engineering Limited SUMAX_SM

Candle stick analysis of Sumax Engineering Limited as on 30 Fri Oct 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Sumax Engineering Limited are:
HL: 27.8 HC: 22.5 LC: 4.3 OC: 3.7

Sumax Engineering Limited is moving towards a low expiry

Candle stick analysis of Sumax Engineering Limited as on 25 Fri Sep 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Sumax Engineering Limited are:
HL: 12.1 HC: 8.1 LC: 3.7 OC: 6.9

Sumax Engineering Limited is moving towards a low expiry

Candle stick analysis of Sumax Engineering Limited as on 03 Tue Nov 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Sumax Engineering Limited are:
HL: 0 HC: 0 LC: 0 OC: 0

Sumax Engineering Limited is forming a DOJI candle

Candle stick analysis of Sumax Engineering Limited as on 03 Tue Nov 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Sumax Engineering Limited are:
HL: 0 HC: 0 LC: 0 OC: 0

Sumax Engineering Limited is forming a DOJI candle

Candle stick analysis of Sumax Engineering Limited as on 03 Tue Nov 2026 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Sumax Engineering Limited are:
HL: 0 HC: 0 LC: 0 OC: 0

Sumax Engineering Limited is forming a DOJI candle

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Munafa technical analysis Sumax Engineering Limited SUMAX_SM technical analysis buy or sell

 

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