(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 2021-11-30 View latest technical analysis
10 day averaged volume of Sumichem is 27615
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Tue Nov 2021 | 371.35 | 359.30 | 374.00 | 352.40 | 1.887 times |
| 29 Mon Nov 2021 | 351.10 | 368.80 | 368.80 | 345.00 | 0.962 times |
| 26 Fri Nov 2021 | 365.70 | 367.00 | 378.60 | 362.05 | 1.829 times |
| 25 Thu Nov 2021 | 368.10 | 369.40 | 371.50 | 366.00 | 0.655 times |
| 24 Wed Nov 2021 | 369.20 | 376.40 | 376.50 | 367.70 | 0.541 times |
| 23 Tue Nov 2021 | 368.90 | 377.00 | 377.00 | 365.95 | 0.603 times |
| 22 Mon Nov 2021 | 368.15 | 388.90 | 388.90 | 365.20 | 0.914 times |
| 18 Thu Nov 2021 | 377.65 | 393.70 | 393.70 | 375.90 | 0.744 times |
| 17 Wed Nov 2021 | 387.35 | 385.00 | 396.55 | 382.45 | 1.358 times |
| 16 Tue Nov 2021 | 384.20 | 365.20 | 386.00 | 365.10 | 1.57 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 366.4 as stoploss in an intra day buy trade for a target of 376.61. However, stock will show a bearish move below 366.4.
Share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Target | 345.00 |
| Downside Target | 362.05 |
| Upside Target | 392.55 |
| Upside Target | 395.00 |
| Upside Target | 396.55 |
| Upside Target | 399.00 |
| 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 | 352.9 |
| Downside Intraday Target | 334.45 |
| Upside Intraday Target | 381.9 |
| Upside Intraday Target | 392.45 |
| Downside Intraday Target | 363.45 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Tue Nov 2021 | 371.35 | 368.80 | 374.00 | 345.00 | 0.627 times |
| 26 Fri Nov 2021 | 365.70 | 388.90 | 388.90 | 362.05 | 1.011 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 |
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 |
| 30 Tue Nov 2021 | 371.35 | 375.00 | 399.00 | 345.00 | 0.66 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 | 14, 26, 31 | Sell |
| MACD | -15, -14 | Sell |
| Stochastics | 25 | Sell |
| CCI | -63 | Buy |
| RSI | 52 | Buy |
| OBV | -142667 | Sell |
| VWAP | 372 | Sell |
| ADL | 0 | Sell |
| ROC | 1 | Buy |
| 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 losing momentum.
MACD generated a SELL signal for Sumichem in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sumichem Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 but BUY 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 372.17 and Sumichem (Sumichem) stock is trading below this level. This means that stock is falling with high volumes. 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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