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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)

Showing technical analysis as on 2021-11-15 View latest technical analysis

10 day averaged volume of Sumichem is 35953

Date Daily Closing Price Open High Low Volume
15 Mon Nov 2021 369.50 384.95 384.95 368.30 0.631 times
12 Fri Nov 2021 380.75 383.00 385.05 379.20 0.638 times
11 Thu Nov 2021 382.80 388.00 388.05 381.00 0.74 times
10 Wed Nov 2021 387.65 386.15 394.50 386.00 0.741 times
09 Tue Nov 2021 390.55 389.45 394.50 388.00 0.484 times
08 Mon Nov 2021 386.90 395.00 395.00 385.00 1.326 times
04 Thu Nov 2021 389.95 387.80 399.00 387.00 0.241 times
03 Wed Nov 2021 385.50 381.95 393.00 376.20 1.248 times
02 Tue Nov 2021 377.55 374.05 379.85 371.25 1.03 times
01 Mon Nov 2021 369.35 375.00 382.55 364.45 1.785 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 376.5, but if it comes above 376.5, then a intra day buy could be more profitable.
If you take a sell trade below 376.5, then use 376.5 as stoploss and 363.4 as target. However if you take a buy trade in stock , then use 376.5 as stoploss and 387.49 as target.

Share price targets for Sumichem (Sumichem)

Target Type Value
Downside Target 364.45
Upside Target 395.00
Upside Target 399.00
Upside Target 402.95
Upside Target 425.00
Upside Target 430.90
Upside Target 434.30
Upside Target 458.00
Upside Target 459.90

Intraday share price targets for Sumichem (Sumichem)

Target Type Value
Downside Intraday Target 363.55
Downside Intraday Target 357.6
Upside Intraday Target 380.2
Upside Intraday Target 390.9
Upside Intraday Target 374.25

Weekly technical analysis of Sumichem (Sumichem)

Date Weekly Closing Price Open High Low Volume
15 Mon Nov 2021 369.50 384.95 384.95 368.30 0.161 times
12 Fri Nov 2021 380.75 395.00 395.00 379.20 0.913 times
04 Thu Nov 2021 389.95 375.00 399.00 364.45 0.679 times
29 Fri Oct 2021 376.55 389.20 402.95 372.00 1.142 times
22 Fri Oct 2021 389.25 421.10 425.00 388.00 1.04 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
15 Mon Nov 2021 369.50 375.00 399.00 364.45 0.337 times
29 Fri Oct 2021 376.55 405.95 430.90 372.00 1.012 times
30 Thu Sep 2021 402.40 423.00 434.30 392.55 0.702 times
31 Tue Aug 2021 425.65 431.95 459.90 386.55 0.842 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 13, 31, 40 Sell
MACD -12, -11Sell
Stochastics 36None
CCI -104Sell
RSI 52Buy
OBV -451430Sell
VWAP 380Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

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

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 Strong and stock is gaining momentum.

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

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. 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 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 380.4 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.

Click here for Sumichem charts

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Daily charts

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Daily chart

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