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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 2021-11-17 View latest technical analysis

10 day averaged volume of Sumichem is 29786

Date Daily Closing Price Open High Low Volume
17 Wed Nov 2021 387.35 385.00 396.55 382.45 1.259 times
16 Tue Nov 2021 384.20 365.20 386.00 365.10 1.456 times
15 Mon Nov 2021 369.50 384.95 384.95 368.30 0.762 times
12 Fri Nov 2021 380.75 383.00 385.05 379.20 0.77 times
11 Thu Nov 2021 382.80 388.00 388.05 381.00 0.893 times
10 Wed Nov 2021 387.65 386.15 394.50 386.00 0.894 times
09 Tue Nov 2021 390.55 389.45 394.50 388.00 0.585 times
08 Mon Nov 2021 386.90 395.00 395.00 385.00 1.601 times
04 Thu Nov 2021 389.95 387.80 399.00 387.00 0.291 times
03 Wed Nov 2021 385.50 381.95 393.00 376.20 1.506 times

My analysis of stock is bullish for shortterm, and stock might move up till 393.8 or till 404. Use a stoploss of 385.27 and if this stock hits its stoploss, then it can fall down till 376.75

Share price targets for Sumichem (Sumichem)

Target Type Value
Downside Target 364.45
Upside Target 396.55
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 369.45
Downside Intraday Target 351.55
Upside Intraday Target 400.9
Upside Intraday Target 414.45
Downside Intraday Target 383

Weekly technical analysis of Sumichem (Sumichem)

Date Weekly Closing Price Open High Low Volume
17 Wed Nov 2021 387.35 384.95 396.55 365.10 0.733 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 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
17 Wed Nov 2021 387.35 375.00 399.00 364.45 0.423 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 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, 25, 17 Sell
MACD -10, -11Buy
Stochastics 46None
CCI 49Buy
RSI 54Buy
OBV -265047Sell
VWAP 385Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Sumichem ( (Sumichem) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 losing momentum.

MACD generated a BUY signal for Sumichem in short term but the buy 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. 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 moving up

CCI has generated a buy signal for Sumichem in short term and BUY 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Sumichem is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 384.56 and Sumichem (Sumichem) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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