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Sumeet Industries Ltd.

SUMEETINDS.NSNSE
Consumer Cyclical
Apparel - Manufacturers
30.54
0.34(1.13%)
Indian Market opens in 6h 7m

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: 59.78)
Trend Strength:Weak (ADX: 10.25)
Volatility:Medium (ATR: 1.43)
Support/Resistance:$29.28 – $30.73 (Bollinger Bands)

This mix signals that Sumeet Industries Ltd. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 59.78

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 57.91

Neutral
Mid-range signal with no clear trend.

Williams %R: -32.32

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 1.94

Bullish
Steady upward momentum.

Takeaway:Sumeet Industries Ltd. shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 0.37

Bullish
Bullish, trend momentum is strengthening.

ADX: 10.25

Weak
Weak trend, market trading sideways.

ATR (14): 1.43

Low
Low volatility, stable price action.

CCI (14): 58.77

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
$30.73
Middle Band (SMA 20)
$30.00
Lower Band
$29.28
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$32.79
Middle Line (EMA 20)
$29.93
Lower Channel
$27.06
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 Volume1.24M
Money Flow Index54.53Neutral, balanced money flows with no clear signal.
Relative Vigor Index48.46Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:SUMEETINDS.NS shows balanced money flow with a slight bullish bias.

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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