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(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)

Target Type Value
Downside Target 441.70
Downside Target 464.80
Upside Target 475.70
Upside Target 479.70
Upside Target 481.45
Upside Target 491.00
Upside Target 502.80
Upside Target 504.20
Upside Target 539.00
Upside Target 540.65

Intraday share price targets for Sumichem (Sumichem)

Target Type Value
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
MACD -10, -14Buy
Stochastics 71Buy
CCI 43Sell
RSI 50Sell
OBV -173667Sell
VWAP 462Buy
ADL 0Sell
ROC 4Buy
Force Index 0Sell

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.

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Daily charts

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Daily chart

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