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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 2021-11-18 View latest technical analysis

10 day averaged volume of Sumichem is 29835

Date Daily Closing Price Open High Low Volume
18 Thu Nov 2021 377.65 393.70 393.70 375.90 0.689 times
17 Wed Nov 2021 387.35 385.00 396.55 382.45 1.257 times
16 Tue Nov 2021 384.20 365.20 386.00 365.10 1.453 times
15 Mon Nov 2021 369.50 384.95 384.95 368.30 0.761 times
12 Fri Nov 2021 380.75 383.00 385.05 379.20 0.768 times
11 Thu Nov 2021 382.80 388.00 388.05 381.00 0.891 times
10 Wed Nov 2021 387.65 386.15 394.50 386.00 0.892 times
09 Tue Nov 2021 390.55 389.45 394.50 388.00 0.584 times
08 Mon Nov 2021 386.90 395.00 395.00 385.00 1.598 times
04 Thu Nov 2021 389.95 387.80 399.00 387.00 0.291 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 376.2 as stoploss in an intra day buy trade for a target of 384.17. However, stock will show a bearish move below 376.2.

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 362.98
Downside Intraday Target 348.32
Upside Intraday Target 394.43
Upside Intraday Target 411.22
Upside Intraday Target 379.77

Weekly technical analysis of Sumichem (Sumichem)

Date Weekly Closing Price Open High Low Volume
18 Thu Nov 2021 377.65 384.95 396.55 365.10 0.879 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
18 Thu Nov 2021 377.65 375.00 399.00 364.45 0.444 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 16, 27, 27 Sell
MACD -10, -11Buy
Stochastics 53None
CCI -36Sell
RSI 52Buy
OBV -254750Sell
VWAP 384Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Sumichem ( (Sumichem) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 BUY signal for Sumichem in short term but the buy 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 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

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 383.89 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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