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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 34515

Date Daily Closing Price Open High Low Volume
25 Wed May 2022 423.05 439.00 440.25 416.35 0.98 times
24 Tue May 2022 435.75 446.25 446.25 433.80 0.891 times
23 Mon May 2022 438.25 448.00 450.00 435.30 1.074 times
20 Fri May 2022 441.75 444.00 448.00 438.35 0.815 times
19 Thu May 2022 437.30 438.90 440.00 433.15 0.348 times
18 Wed May 2022 441.25 457.00 458.65 439.50 0.907 times
17 Tue May 2022 448.55 425.00 451.20 421.80 1.326 times
16 Mon May 2022 423.15 413.90 425.75 410.90 0.682 times
13 Fri May 2022 415.00 419.90 425.90 411.70 0.479 times
12 Thu May 2022 411.85 405.00 419.35 402.35 1.16 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 420.1 as stoploss in an intra day buy trade for a target of 431.18. However, stock will show a bearish move below 420.1.

Share price targets for Sumichem (Sumichem)

Target Type Value
Downside Target 341.20
Downside Target 355.00
Downside Target 365.75
Downside Target 395.65
Downside Target 405.20
Upside Target 437.15
Upside Target 442.10
Upside Target 450.00
Upside Target 452.80
Upside Target 456.00
Upside Target 458.65
Upside Target 476.70

Intraday share price targets for Sumichem (Sumichem)

Target Type Value
Downside Intraday Target 409.6
Downside Intraday Target 396.15
Upside Intraday Target 443.25
Upside Intraday Target 463.45
Upside Intraday Target 429.8

Weekly technical analysis of Sumichem (Sumichem)

Date Weekly Closing Price Open High Low Volume
25 Wed May 2022 423.05 448.00 450.00 416.35 0.723 times
20 Fri May 2022 441.75 413.90 458.65 410.90 0.665 times
13 Fri May 2022 415.00 426.55 442.10 395.65 0.474 times
06 Fri May 2022 439.85 430.00 476.70 422.85 4.334 times
29 Fri Apr 2022 429.05 421.85 437.15 421.80 0.917 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
25 Wed May 2022 423.05 430.00 476.70 395.65 1.846 times
29 Fri Apr 2022 429.05 451.00 456.00 405.20 0.801 times
31 Thu Mar 2022 449.55 380.00 452.80 355.00 0.953 times
28 Mon Feb 2022 377.00 391.15 424.50 341.20 0.975 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Sumichem (Sumichem)

Indicator Name Indicator Value Indicator Signal
ADX 22, 25, 5 Sell
MACD 8, 9Sell
Stochastics 56None
CCI -35Sell
RSI 56Buy
OBV 7003Sell
VWAP 432Sell
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Sumichem ( (Sumichem) ) based on a short 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 short 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 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 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 SELL. 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.

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 tired and bears 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 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 432.44 and Sumichem (Sumichem) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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

Sumichem Stock is giving positive 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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Daily charts

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Daily chart

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