(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 32938
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Tue Aug 2022 | 479.85 | 468.70 | 482.35 | 468.70 | 0.789 times |
| 12 Fri Aug 2022 | 471.85 | 470.00 | 483.30 | 451.20 | 0.794 times |
| 11 Thu Aug 2022 | 472.45 | 478.05 | 481.25 | 470.90 | 0.862 times |
| 10 Wed Aug 2022 | 477.00 | 489.60 | 495.00 | 474.15 | 1.361 times |
| 08 Mon Aug 2022 | 480.50 | 473.25 | 485.00 | 472.55 | 1.878 times |
| 05 Fri Aug 2022 | 473.25 | 446.80 | 477.90 | 446.80 | 1.259 times |
| 04 Thu Aug 2022 | 467.55 | 472.10 | 477.25 | 451.75 | 0.741 times |
| 03 Wed Aug 2022 | 472.00 | 459.60 | 474.50 | 454.85 | 0.813 times |
| 02 Tue Aug 2022 | 452.15 | 445.95 | 454.65 | 442.35 | 0.932 times |
| 01 Mon Aug 2022 | 443.35 | 458.00 | 458.00 | 441.70 | 0.724 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 477.9, but if it comes below 477.9, then a intra day sell could be more profitable.
If you take a sell trade below 477.9, then use 477.9 as stoploss and 465.23 as target. However if you take a buy trade in stock , then use 477.9 as stoploss and 493.1 as target.
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 | 468.70 |
| Downside Target | 477.90 |
| Upside Target | 482.35 |
| 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 | 471.58 |
| Downside Intraday Target | 463.32 |
| Upside Intraday Target | 485.23 |
| Upside Intraday Target | 490.62 |
| Downside Intraday Target | 476.97 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Tue Aug 2022 | 479.85 | 468.70 | 482.35 | 468.70 | 0.161 times |
| 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 |
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 |
| 16 Tue Aug 2022 | 479.85 | 458.00 | 495.00 | 441.70 | 0.522 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 | 19, 21, 3 | Sell |
| MACD | 11, 9 | Buy |
| Stochastics | 62 | None |
| CCI | 71 | Buy |
| RSI | 62 | Buy |
| OBV | -78659 | Sell |
| VWAP | 471 | Buy |
| ADL | 0 | Sell |
| ROC | 6 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Sumichem ( (Sumichem) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 470.84 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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