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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 54180

Date Daily Closing Price Open High Low Volume
25 Mon Nov 2024 1132.45 1175.75 1190.35 1126.55 2.432 times
22 Fri Nov 2024 1151.45 1162.70 1168.40 1141.80 1.133 times
21 Thu Nov 2024 1162.30 1185.90 1190.75 1156.10 0.474 times
19 Tue Nov 2024 1179.65 1170.30 1191.40 1162.00 1.153 times
18 Mon Nov 2024 1164.20 1188.45 1194.95 1161.00 0.781 times

Stock of Sundram Fasteners (SUNDRMFAST) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1186.7, but if it comes above 1186.7, then a intra day buy could be more profitable.
If you take a sell trade below 1186.7, then use 1186.7 as stoploss and 1092.2 as target. However if you take a buy trade in stock , then use 1186.7 as stoploss and 1265.37 as target.

Share price targets for Sundram Fasteners (SUNDRMFAST)

Target Type Value
Downside Target 1126.55
Upside Target 1182.60
Upside Target 1286.25
Upside Target 1323.00
Upside Target 1367.95
Upside Target 1399.90
Upside Target 1450.00
Upside Target 1453.00
Upside Target 1497.55
Upside Target 1505.95

Intraday share price targets for Sundram Fasteners (SUNDRMFAST)

Target Type Value
Downside Intraday Target 1109.22
Downside Intraday Target 1085.98
Upside Intraday Target 1173.02
Upside Intraday Target 1213.58
Upside Intraday Target 1149.78

Weekly technical analysis of Sundram Fasteners (SUNDRMFAST)

Date Weekly Closing Price Open High Low Volume
25 Mon Nov 2024 1132.45 1175.75 1190.35 1126.55 0.687 times
22 Fri Nov 2024 1151.45 1188.45 1194.95 1141.80 1.091 times
14 Thu Nov 2024 1188.45 1299.25 1301.30 1182.60 0.435 times
08 Fri Nov 2024 1294.80 1341.95 1399.90 1286.25 5.865 times
01 Fri Nov 2024 1341.95 1320.50 1367.95 1314.65 0.504 times

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

Monthly technical analysis of Sundram Fasteners (SUNDRMFAST)

Date Monthly Closing Price Open High Low Volume
25 Mon Nov 2024 1132.45 1345.00 1399.90 1126.55 0.647 times
31 Thu Oct 2024 1345.10 1374.00 1497.55 1296.10 1.007 times
30 Mon Sep 2024 1372.20 1360.00 1453.00 1323.00 0.979 times
30 Fri Aug 2024 1352.75 1424.00 1450.00 1318.00 0.443 times

Price has moved down 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 12, 30, 43 Sell
MACD -105, -86Sell
Stochastics 4Sell
CCI -89Sell
RSI 46Sell
OBV -669116Sell
VWAP 1185Sell
ADL 0Sell
ROC -14Sell
Force Index 0Sell

Price action analysis of Sundram Fasteners ( (SUNDRMFAST) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Sundram Fasteners ( (SUNDRMFAST) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Sundram Fasteners ( (SUNDRMFAST) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Sundram Fasteners ( (SUNDRMFAST) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

MACD generated a SELL signal for Sundram Fasteners in short term and the sell signal is strong.

Sundram Fasteners Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 coming down

CCI has generated a SELL signal for Sundram Fasteners in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 1184.76 and Sundram Fasteners (SUNDRMFAST) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative returns over a short term period. Returns for a longer term period have been negative.

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

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