(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 2021-11-25 View latest technical analysis
10 day averaged volume of Sumichem is 25711
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Thu Nov 2021 | 368.10 | 369.40 | 371.50 | 366.00 | 0.704 times |
| 24 Wed Nov 2021 | 369.20 | 376.40 | 376.50 | 367.70 | 0.582 times |
| 23 Tue Nov 2021 | 368.90 | 377.00 | 377.00 | 365.95 | 0.647 times |
| 22 Mon Nov 2021 | 368.15 | 388.90 | 388.90 | 365.20 | 0.982 times |
| 18 Thu Nov 2021 | 377.65 | 393.70 | 393.70 | 375.90 | 0.799 times |
| 17 Wed Nov 2021 | 387.35 | 385.00 | 396.55 | 382.45 | 1.459 times |
| 16 Tue Nov 2021 | 384.20 | 365.20 | 386.00 | 365.10 | 1.687 times |
| 15 Mon Nov 2021 | 369.50 | 384.95 | 384.95 | 368.30 | 0.883 times |
| 12 Fri Nov 2021 | 380.75 | 383.00 | 385.05 | 379.20 | 0.892 times |
| 11 Thu Nov 2021 | 382.80 | 388.00 | 388.05 | 381.00 | 1.034 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 371.5, but if it comes above 371.5, then a intra day buy could be more profitable.
If you take a sell trade below 371.5, then use 371.5 as stoploss and 360.7 as target. However if you take a buy trade in stock , then use 371.5 as stoploss and 380.43 as target.
Share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Target | 364.45 |
| Upside Target | 395.00 |
| Upside Target | 396.55 |
| Upside Target | 399.00 |
| Upside Target | 402.95 |
| 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 | 359.23 |
| Downside Intraday Target | 350.37 |
| Upside Intraday Target | 382.93 |
| Upside Intraday Target | 397.77 |
| Upside Intraday Target | 374.07 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Thu Nov 2021 | 368.10 | 388.90 | 388.90 | 365.20 | 0.604 times |
| 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 |
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 Thu Nov 2021 | 368.10 | 375.00 | 399.00 | 364.45 | 0.524 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 | 11, 26, 41 | Sell |
| MACD | -14, -12 | Sell |
| Stochastics | 12 | Sell |
| CCI | -104 | Sell |
| RSI | 48 | Sell |
| OBV | -74455 | Sell |
| VWAP | 378 | Sell |
| ADL | 0 | Sell |
| ROC | -5 | Sell |
| Force Index | 0 | Sell |
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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Sumichem in short term and the sell signal is strong.
Sumichem Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 SELL signal in short term but selling 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 377.59 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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