(Sumichem) Sumichem complete technical analysis [charts+indicators] | Buy/Sell Sumichem | (Sumichem) share price targets
Complete technical analysis of Sumichem (Sumichem) by charts plus indicators, forecast predictions and share price targets for Sumichem (Sumichem)
10 day averaged volume of Sumichem is 29550
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Mon Jan 2022 | 373.10 | 388.40 | 388.40 | 366.05 | 0.854 times |
| 21 Fri Jan 2022 | 379.90 | 384.00 | 386.55 | 372.60 | 0.533 times |
| 20 Thu Jan 2022 | 387.25 | 380.00 | 389.00 | 379.85 | 0.81 times |
| 19 Wed Jan 2022 | 383.65 | 394.65 | 395.00 | 379.50 | 0.376 times |
| 18 Tue Jan 2022 | 390.00 | 398.00 | 400.00 | 388.25 | 0.431 times |
| 17 Mon Jan 2022 | 394.20 | 401.90 | 401.90 | 393.05 | 0.444 times |
| 14 Fri Jan 2022 | 397.95 | 390.95 | 400.90 | 387.40 | 1.929 times |
| 13 Thu Jan 2022 | 390.70 | 395.90 | 395.90 | 387.00 | 0.786 times |
| 12 Wed Jan 2022 | 391.40 | 390.65 | 394.20 | 386.05 | 0.777 times |
| 11 Tue Jan 2022 | 390.20 | 395.15 | 402.60 | 388.35 | 2.297 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 374.4, for a target of 381.2 or 386.95
Share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Target | 345.00 |
| Downside Target | 356.75 |
| Downside Target | 366.05 |
| Upside Target | 388.40 |
| Upside Target | 396.95 |
| Upside Target | 399.00 |
| Upside Target | 401.90 |
| Upside Target | 402.60 |
| Upside Target | 407.00 |
| Upside Target | 430.90 |
| Upside Target | 434.30 |
Intraday share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Intraday Target | 363.3 |
| Downside Intraday Target | 353.5 |
| Upside Intraday Target | 385.65 |
| Upside Intraday Target | 398.2 |
| Upside Intraday Target | 375.85 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Mon Jan 2022 | 373.10 | 388.40 | 388.40 | 366.05 | 0.329 times |
| 21 Fri Jan 2022 | 379.90 | 401.90 | 401.90 | 372.60 | 0.35 times |
| 14 Fri Jan 2022 | 397.95 | 380.80 | 402.60 | 380.80 | 0.871 times |
| 07 Fri Jan 2022 | 383.15 | 386.00 | 407.00 | 379.00 | 1.553 times |
| 31 Fri Dec 2021 | 385.70 | 366.50 | 396.95 | 356.75 | 1.783 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 Sumichem (Sumichem)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 24 Mon Jan 2022 | 373.10 | 386.00 | 407.00 | 366.05 | 1.201 times |
| 31 Fri Dec 2021 | 385.70 | 375.00 | 396.95 | 345.75 | 0.763 times |
| 30 Tue Nov 2021 | 371.35 | 375.00 | 399.00 | 345.00 | 0.66 times |
| 29 Fri Oct 2021 | 376.55 | 405.95 | 430.90 | 372.00 | 1.012 times |
Scroll below to view daily charts
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 Sumichem (Sumichem)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 15, 21, 18 | Sell |
| MACD | 2, 5 | Sell |
| Stochastics | 26 | Sell |
| CCI | -154 | Sell |
| RSI | 53 | Buy |
| OBV | 117948 | Sell |
| VWAP | 389 | Sell |
| ADL | 0 | Sell |
| ROC | -5 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Sumichem ( (Sumichem) ) 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 Sumichem ( (Sumichem) ) 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 Sumichem ( (Sumichem) ) 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 Sumichem ( (Sumichem) ) 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 Sumichem stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Sumichem in short term but the sell signal is initial and weak.
Sumichem Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 Sumichem in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Sumichem is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 389.44 and Sumichem (Sumichem) 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 Sumichem (Sumichem) stock. Volume based technical analysis of Sumichem (Sumichem) stock is negative.
Sumichem 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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