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(SUNDRMFAST) Sundram Fasteners complete technical analysis [charts+indicators] | Buy/Sell Sundram Fasteners | (SUNDRMFAST) share price targets

Complete technical analysis of Sundram Fasteners (SUNDRMFAST) by charts plus indicators, forecast predictions and share price targets for Sundram Fasteners (SUNDRMFAST)

10 day averaged volume of Sundram Fasteners is 161298

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 1204.55 1183.50 1209.30 1178.00 0.249 times
16 Thu May 2024 1185.30 1210.90 1213.65 1167.10 0.402 times
15 Wed May 2024 1210.70 1147.80 1225.00 1135.75 1.954 times
14 Tue May 2024 1143.50 1135.00 1153.60 1125.00 1.482 times
13 Mon May 2024 1134.75 1139.35 1154.95 1120.20 2.418 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1222, for a target of 1169.3 or 1125.46

Share price targets for Sundram Fasteners (SUNDRMFAST)

Target Type Value
Downside Target 1003.05
Downside Target 1035.00
Downside Target 1079.00
Downside Target 1108.85
Downside Target 1144.15
Downside Target 1164.90
Downside Target 1174.00
Upside Target 1215.00
Upside Target 1225.00
Upside Target 1286.50
Upside Target 1295.00

Intraday share price targets for Sundram Fasteners (SUNDRMFAST)

Target Type Value
Downside Intraday Target 1141.5
Downside Intraday Target 1078.45
Upside Intraday Target 1246.3
Upside Intraday Target 1288.05
Downside Intraday Target 1183.25

Weekly technical analysis of Sundram Fasteners (SUNDRMFAST)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 1204.55 1139.35 1225.00 1120.20 1.861 times
10 Fri May 2024 1134.40 1141.30 1174.00 1115.20 1.029 times
03 Fri May 2024 1135.60 1110.40 1144.15 1085.55 0.289 times
26 Fri Apr 2024 1103.15 1096.50 1110.00 1048.55 2.502 times
19 Fri Apr 2024 1090.75 1123.65 1144.60 1079.00 0.676 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Sundram Fasteners (SUNDRMFAST)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 1204.55 1127.15 1225.00 1115.20 0.355 times
30 Tue Apr 2024 1116.95 1093.60 1164.90 1048.55 2.453 times
28 Thu Mar 2024 1093.60 1074.00 1108.85 1003.05 0.769 times
29 Thu Feb 2024 1070.50 1225.25 1286.50 1035.00 1.731 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Sundram Fasteners (SUNDRMFAST)

Indicator Name Indicator Value Indicator Signal
ADX 27, 9, 52 Buy
MACD 40, 28Buy
Stochastics 77Buy
CCI 127Buy
RSI 55Buy
OBV 1164299Sell
VWAP 1156Buy
ADL 0Sell
ROC 6Buy
Force Index 0Sell

Price action analysis of Sundram Fasteners ( (SUNDRMFAST) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Sundram Fasteners ( (SUNDRMFAST) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Sundram Fasteners ( (SUNDRMFAST) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Sundram Fasteners ( (SUNDRMFAST) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Sundram Fasteners stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Sundram Fasteners in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sundram Fasteners Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Sundram Fasteners in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Sundram Fasteners is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1156.04 and Sundram Fasteners (SUNDRMFAST) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Sundram Fasteners (SUNDRMFAST) stock. Volume based technical analysis of Sundram Fasteners (SUNDRMFAST) stock is negative.

Sundram Fasteners Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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