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Sumeet Industries Ltd.

SUMEETINDS.NS•NSE
Consumer Cyclical
Apparel - Manufacturers
₹30.00
₹0.43(1.45%)
Indian Market opens in 59h 50m

Sumeet Industries Ltd. (SUMEETINDS.NS) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Sumeet Industries Ltd. (NSE:SUMEETINDS.NS).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

SUMEETINDS.NS Technical Analysis Summary

Sumeet Industries Ltd. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 55.66)
Trend Strength:Weak (ADX: 12.92)
Volatility:High (ATR: 1.81)
Support/Resistance:$28.27 – $30.71 (Bollinger Bands)

Technical conditions suggest Sumeet Industries Ltd. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 55.66

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 48.91

Neutral
Mid-range signal with no clear trend.

Williams %R: -48.18

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -1.75

Bearish
Selling pressure outweighs buying.

Takeaway:Sumeet Industries Ltd. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.60

Bullish
Bullish, trend momentum is strengthening.

ADX: 12.92

Weak
Weak trend, market trading sideways.

ATR (14): 1.81

Low
Low volatility, stable price action.

CCI (14): 39.99

Bullish
Bullish, momentum building upward.

Takeaway:Sumeet Industries Ltd. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$30.71
Middle Band (SMA 20)
$29.49
Lower Band
$28.27
Current Position
Within Bands

Takeaway:Sumeet Industries Ltd. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$32.66
Middle Line (EMA 20)
$29.05
Lower Channel
$25.44
Squeeze Status
Squeeze On

Takeaway:Sumeet Industries Ltd. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume1.21M
Money Flow Index63.07Bullish, inflows support continued momentum.
Relative Vigor Index40.62Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:SUMEETINDS.NS shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Sumeet Industries Ltd., here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Sumeet Industries Ltd. are mixed, suggesting a Hold or wait-and-see approach.

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