(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 31338
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Fri Aug 2022 | 471.85 | 470.00 | 483.30 | 451.20 | 0.834 times |
| 11 Thu Aug 2022 | 472.45 | 478.05 | 481.25 | 470.90 | 0.906 times |
| 10 Wed Aug 2022 | 477.00 | 489.60 | 495.00 | 474.15 | 1.43 times |
| 08 Mon Aug 2022 | 480.50 | 473.25 | 485.00 | 472.55 | 1.974 times |
| 05 Fri Aug 2022 | 473.25 | 446.80 | 477.90 | 446.80 | 1.323 times |
| 04 Thu Aug 2022 | 467.55 | 472.10 | 477.25 | 451.75 | 0.779 times |
| 03 Wed Aug 2022 | 472.00 | 459.60 | 474.50 | 454.85 | 0.854 times |
| 02 Tue Aug 2022 | 452.15 | 445.95 | 454.65 | 442.35 | 0.98 times |
| 01 Mon Aug 2022 | 443.35 | 458.00 | 458.00 | 441.70 | 0.761 times |
| 30 Sat Jul 2022 | 451.60 | 471.85 | 474.65 | 450.10 | 0.667 times |
My analysis of stock is bullish for shortterm, and stock might move up till 478.7 or till 494.5. Use a stoploss of 465.59 and if this stock hits its stoploss, then it can fall down till 452.43
Share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Target | 395.65 |
| Downside Target | 405.20 |
| Downside Target | 421.05 |
| Downside Target | 441.65 |
| Downside Target | 451.20 |
| Downside Target | 471.70 |
| Upside Target | 477.90 |
| Upside Target | 491.80 |
| Upside Target | 495.00 |
| Upside Target | 499.10 |
| Upside Target | 511.85 |
Intraday share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Intraday Target | 450.37 |
| Downside Intraday Target | 428.88 |
| Upside Intraday Target | 494.17 |
| Upside Intraday Target | 516.48 |
| Upside Intraday Target | 472.68 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Fri Aug 2022 | 471.85 | 473.25 | 495.00 | 451.20 | 1.095 times |
| 05 Fri Aug 2022 | 473.25 | 458.00 | 477.90 | 441.70 | 1.656 times |
| 30 Sat Jul 2022 | 451.60 | 455.90 | 474.65 | 441.65 | 0.831 times |
| 22 Fri Jul 2022 | 456.95 | 488.00 | 499.10 | 454.80 | 0.414 times |
| 15 Fri Jul 2022 | 487.00 | 472.00 | 511.85 | 471.70 | 1.426 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 |
| 12 Fri Aug 2022 | 471.85 | 458.00 | 495.00 | 441.70 | 0.481 times |
| 30 Sat Jul 2022 | 451.60 | 423.00 | 511.85 | 421.05 | 0.875 times |
| 30 Thu Jun 2022 | 423.80 | 473.00 | 491.80 | 406.55 | 0.708 times |
| 31 Tue May 2022 | 463.05 | 430.00 | 476.70 | 395.65 | 2.12 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 | 21, 22, 3 | Sell |
| MACD | 10, 8 | Buy |
| Stochastics | 60 | None |
| CCI | 22 | Sell |
| RSI | 62 | Buy |
| OBV | -126744 | Sell |
| VWAP | 469 | Buy |
| ADL | 0 | Sell |
| ROC | 4 | Buy |
| Force Index | 0 | Sell |
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 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.
Price action analysis of Sumichem ( (Sumichem) ) based on a short to mid 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.
Price action analysis of Sumichem ( (Sumichem) ) based on a mid to longer 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.
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 and the buy 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Sumichem in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 468.91 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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