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Sumeet Industries Ltd.

SUMEETINDS.NS Technical Analysis Summary (NSE)

Analyze SUMEETINDS.NS on the NSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

SUMEETINDS.NS●NSE
IndustrialsManufacturing - Textiles
₹27.34
₹2.94(9.71%)
Indian Market opens in 16h 45m

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 (NSE)

Sumeet Industries Ltd. (NSE: SUMEETINDS.NS) stock currently shows a neutral trend on the NSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 40.43)
Trend Strength:Strong (ADX: 38.34)
Volatility:High (ATR: 1.44)
Support/Resistance:$27.68 – $35.17 (Bollinger Bands)

Technical conditions suggest Sumeet Industries Ltd. on the NSE is awaiting a decisive move. This mix signals that Sumeet Industries Ltd. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 40.43

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 13.49

Bullish
Oversold zone signals rebound potential.

Williams %R: -100.00

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -7.37

Strongly Bearish
Sharp downside momentum.

Takeaway:Sumeet Industries Ltd. shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 0.78

Bullish
Bullish, trend momentum is strengthening.

ADX: 38.34

Strong
Strong trend, momentum well established.

ATR (14): 1.44

Low
Low volatility, stable price action.

CCI (14): -190.25

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$35.17
Middle Band (SMA 20)
$31.42
Lower Band
$27.68
Current Position
Below Lower Band

Takeaway:Sumeet Industries Ltd. trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$34.04
Middle Line (EMA 20)
$31.17
Lower Channel
$28.29
Squeeze Status
No Squeeze

Takeaway:Sumeet Industries Ltd. trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume135.14M
Money Flow Index91.21Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index49.22Neutral 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. (NSE: SUMEETINDS.NS), here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Bearish Signals

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

MFI above 80 → overbought conditions may limit upside.

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.

(NSE: SUMEETINDS.NS) Technical Analysis FAQ