(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 33596
|Date||Daily Closing Price||Open||High||Low||Volume|
|02 Fri Dec 2022||471.10||468.25||473.00||465.65||0.759 times|
|01 Thu Dec 2022||467.70||475.90||479.70||465.35||1.204 times|
|30 Wed Nov 2022||473.45||473.95||478.00||465.50||0.732 times|
|29 Tue Nov 2022||467.55||467.00||475.75||465.30||0.455 times|
|28 Mon Nov 2022||472.00||464.80||481.45||464.80||0.762 times|
|25 Fri Nov 2022||470.20||470.15||475.40||466.50||1.016 times|
|24 Thu Nov 2022||473.65||452.00||474.80||452.00||1.134 times|
|23 Wed Nov 2022||452.00||464.75||465.00||450.15||0.952 times|
|22 Tue Nov 2022||450.95||449.95||458.10||448.30||1.502 times|
|21 Mon Nov 2022||446.10||450.35||453.45||444.00||1.763 times|
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 475.5 as stoploss in an intra day sell trade for a target of 465.1. However, stock will show a bullish move above 475.5.
Share price targets for Sumichem (Sumichem)
Intraday share price targets for Sumichem (Sumichem)
|Downside Intraday Target||463.45|
|Downside Intraday Target||455.8|
|Upside Intraday Target||480.1|
|Upside Intraday Target||489.1|
|Upside Intraday Target||472.45|
Weekly technical analysis of Sumichem (Sumichem)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|02 Fri Dec 2022||471.10||464.80||481.45||464.80||0.614 times|
|25 Fri Nov 2022||470.20||450.35||475.40||444.00||1.377 times|
|18 Fri Nov 2022||454.90||466.55||472.15||449.95||0.975 times|
|11 Fri Nov 2022||468.75||480.35||491.00||455.05||0.759 times|
|04 Fri Nov 2022||486.40||482.85||504.20||475.20||0.648 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|
|02 Fri Dec 2022||471.10||475.90||479.70||465.35||0.092 times|
|30 Wed Nov 2022||473.45||491.20||504.20||444.00||0.623 times|
|31 Mon Oct 2022||491.55||502.55||540.65||473.75||0.87 times|
|30 Fri Sep 2022||502.90||495.00||539.00||475.70||1.756 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||18, 13, 17||Buy|
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 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Sumichem in short term but the buy signal is initial and weak.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Sumichem in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Sumichem is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 461.97 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.