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Sumit Woods Limited

SUMIT.NSNSE
Real Estate
Real Estate - Development
58.57
2.45(4.37%)
Indian Market opens in 5h 18m

Sumit Woods Limited (SUMIT.NS) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Sumit Woods Limited (NSE:SUMIT.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

SUMIT.NS Technical Analysis Summary

Sumit Woods Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 66.71)
Trend Strength:Moderate (ADX: 28.75)
Volatility:High (ATR: 4.45)
Support/Resistance:$40.66 – $57.65 (Bollinger Bands)

Overall, Sumit Woods Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 66.71

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 83.79

Bearish
Overbought levels may trigger pullback.

Williams %R: -14.75

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 18.42

Strongly Bullish
Strong upside momentum.

Takeaway:Sumit Woods Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 3.28

Bullish
Bullish, trend momentum is strengthening.

ADX: 28.75

Moderate
Moderate trend, direction gaining strength.

ATR (14): 4.45

Medium
Medium volatility, healthy price movement.

CCI (14): 158.49

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Sumit Woods Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$57.65
Middle Band (SMA 20)
$49.15
Lower Band
$40.66
Current Position
Above Upper Band

Takeaway:Sumit Woods Limited trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$58.65
Middle Line (EMA 20)
$49.75
Lower Channel
$40.84
Squeeze Status
Squeeze On

Takeaway:Sumit Woods Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume1.05M
Money Flow Index80.81Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index58.95Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:SUMIT.NS shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Sumit Woods Limited, 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.

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

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Sumit Woods Limited currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

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