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(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 32314

Date Daily Closing Price Open High Low Volume
07 Fri Oct 2022 514.20 516.35 519.50 505.50 1.229 times
06 Thu Oct 2022 511.00 510.05 523.80 508.60 1.758 times
04 Tue Oct 2022 510.00 517.95 518.00 508.65 0.365 times
03 Mon Oct 2022 508.45 502.55 514.85 500.00 1.312 times
30 Fri Sep 2022 502.90 494.00 512.00 494.00 0.648 times
29 Thu Sep 2022 497.70 493.20 510.00 491.75 0.726 times
28 Wed Sep 2022 492.90 493.45 505.00 487.75 0.551 times
27 Tue Sep 2022 493.45 498.10 505.00 490.00 0.698 times
26 Mon Sep 2022 498.10 504.15 512.45 487.55 2.251 times
23 Fri Sep 2022 510.95 515.00 525.00 510.00 0.648 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 516.1 as stoploss in an intra day sell trade for a target of 506.62. However, stock will show a bullish move above 516.1.

Share price targets for Sumichem (Sumichem)

Target Type Value
Downside Target 406.55
Downside Target 421.05
Downside Target 441.70
Downside Target 475.70
Downside Target 511.85
Downside Target 512.45
Upside Target 517.75
Upside Target 523.80
Upside Target 535.00
Upside Target 539.00

Intraday share price targets for Sumichem (Sumichem)

Target Type Value
Downside Intraday Target 501.53
Downside Intraday Target 488.87
Upside Intraday Target 525.33
Upside Intraday Target 536.47
Downside Intraday Target 512.67

Weekly technical analysis of Sumichem (Sumichem)

Date Weekly Closing Price Open High Low Volume
07 Fri Oct 2022 514.20 502.55 523.80 500.00 0.957 times
30 Fri Sep 2022 502.90 504.15 512.45 487.55 0.311 times
23 Fri Sep 2022 510.95 519.40 539.00 508.50 1.71 times
16 Fri Sep 2022 523.65 497.00 535.00 483.80 1.086 times
09 Fri Sep 2022 501.15 484.00 517.75 475.70 1.32 times

Price has moved up 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
07 Fri Oct 2022 514.20 502.55 523.80 500.00 0.114 times
30 Fri Sep 2022 502.90 495.00 539.00 475.70 1.756 times
30 Tue Aug 2022 489.55 458.00 502.80 441.70 1.173 times
29 Fri Jul 2022 451.60 423.00 511.85 421.05 0.875 times

Scroll below to view daily charts

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 Sumichem (Sumichem)

Indicator Name Indicator Value Indicator Signal
ADX 18, 14, 13 Buy
MACD 12, 13Sell
Stochastics 60None
CCI 71Sell
RSI 54Buy
OBV -160790Sell
VWAP 505Buy
ADL 0Sell
ROC -0Sell
Force Index 0Sell

Price action analysis of Sumichem ( (Sumichem) ) 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 Sumichem ( (Sumichem) ) 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 Sumichem ( (Sumichem) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Sumichem ( (Sumichem) ) 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 Sumichem stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Sumichem in short term but the sell signal is initial and weak.

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

Sumichem Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

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

CCI has generated a SELL signal for Sumichem in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 504.52 and Sumichem (Sumichem) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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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Daily charts

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Daily chart

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