NSE Stock SUMIT_BE Historical charts - Sumit Woods Limited

Historical charts for Stock SUMIT_BE - Share Sumit Woods Limited trades in NSE

Moving Averages for

  • 5Day Average: 138.44
  • 12Day Average: 137.79
  • 20Day Average: 137.46
  • 50Day Average: 142.91
  • 100Day Average: 119.63
  • 150Day Average: 104.22

SUMIT_BE Indicators & signals

Indicator MACD (12,26,9)

137.78, 138.27, -0.64
Indicator MACD is in negative zone

Indicator ADX (14)

33.95, 13.9, 28.18
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 49
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SUMIT_BE are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
12 Tue Nov 2024 137.05 127.02 to 138.95 2.5% 3.17 times
11 Mon Nov 2024 133.71 132.23 to 142.00 -3.83% 1.88 times
08 Fri Nov 2024 139.03 135.00 to 142.97 -1.38% 1.86 times
07 Thu Nov 2024 140.97 137.70 to 147.00 -0.34% 0.14 times
06 Wed Nov 2024 141.45 135.99 to 143.44 1.01% 0.59 times
05 Tue Nov 2024 140.04 136.99 to 145.20 0.76% 0.63 times
04 Mon Nov 2024 138.98 134.25 to 145.00 -1.57% 1.46 times
01 Fri Nov 2024 141.20 138.00 to 145.23 2.08% 0.32 times
31 Thu Oct 2024 138.32 135.10 to 140.00 1.02% 0.55 times
30 Wed Oct 2024 136.93 134.00 to 139.98 2.6% 0.87 times
29 Tue Oct 2024 133.46 128.00 to 136.90 0.81% 1.7 times
28 Mon Oct 2024 132.39 120.45 to 133.12 4.42% 9.44 times

Technical analysis forecast for SUMIT_BE Stock is that its 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 SUMIT_BE SUMIT_BE at this time. Stock is falling and might fall more.

It appears as if SUMIT_BE SUMIT_BE gave a large move recently.

Stock of SUMIT_BE (SUMIT_BE) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of SUMIT_BE is bearish for shortterm, and stock might move down till 133 or till 126.9. Use a stoploss of 138.13 and if the stock hits stoploss, then it can shoot up till 143.23

Tomorrow's movement Prediction of SUMIT_BE appears strongly Bullish. This stock started moving upwards as soon as it opened. Generally this happens when there is a positive sentiment following the stock, making it attractive. There's a good chance that this upwards movement will continue tomorrow as well.

Tomorrow's movement Prediction of SUMIT_BE is showing signs of strength. Either there is a positive sentiment following this stock or an Elephant got in here.

Munafa value: 70

 Munafa value: 70

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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NSE Stock SUMIT_BE Historical charts - Share Sumit Woods Limited

 

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