Is Sumeet Industries Ltd. stock a buy or sell right now?

Based on current indicators, Sumeet Industries Ltd. shows a Buy signal, supported by strong momentum and a confirmed uptrend.

What is Sumeet Industries Ltd.’s RSI?

RSI is 51.39, showing balanced momentum within the normal range.

What does MACD indicate for SUMEETINDS.NS?

MACD at 0.02 remains positive, but the signal line crossover suggests short-term caution.

What are Sumeet Industries Ltd.’s key support and resistance levels?

Support sits around $29.20, while resistance is near $30.66.

Sumeet Industries Ltd.

SUMEETINDS.NS•NSE

Consumer Cyclical

Apparel - Manufacturers

₹29.88

₹0.11(0.37%)

Indian Market opens in 3h 14m

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 shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy

Momentum:Neutral to Bullish (RSI: 51.39)

Trend Strength:Moderate (ADX: 22.61)

Volatility:Medium (ATR: 1.26)

Support/Resistance:$29.20 – $30.66 (Bollinger Bands)

Technical signals confirm buyers remain in control of Sumeet Industries Ltd.’s price action.

Momentum Indicators

RSI (14): 51.39

Bullish

Above midpoint suggests upward bias.

Stochastic %K: 53.15

Neutral

Mid-range signal with no clear trend.

Williams %R: -46.67

Neutral

Balanced market without strong signals.

Rate of Change (ROC): -2.16

Bearish

Selling pressure outweighs buying.

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

Trend & Volatility

MACD: 0.02

Bullish

Bullish, trend momentum is strengthening.

ADX: 22.61

Moderate

Moderate trend, direction gaining strength.

ATR (14): 1.26

Low

Low volatility, stable price action.

CCI (14): -63.46

Bearish

Bearish, momentum remains under pressure.

Takeaway:Sumeet Industries Ltd. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators

Bollinger Bands

Upper Band

$30.66

Middle Band (SMA 20)

$29.93

Lower Band

$29.20

Current Position

Within Bands

Takeaway:Sumeet Industries Ltd. trades closer to support, showing weaker momentum within bands.

Keltner Channels

Upper Channel

$32.34

Middle Line (EMA 20)

$29.81

Lower Channel

$27.28

Squeeze Status

Squeeze On

Takeaway:Sumeet Industries Ltd. trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis

On-Balance Volume1.53M

Money Flow Index37.13Bearish, selling pressure outweighs inflows.

Relative Vigor Index46.64Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:SUMEETINDS.NS shows bearish money flow, with sellers dominating volume and vigor.

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.

ADX above 20 → strong underlying trend.

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.