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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 36223

Date Daily Closing Price Open High Low Volume
06 Tue Dec 2022 475.00 492.35 492.35 473.45 1.12 times
05 Mon Dec 2022 492.35 471.20 494.00 471.20 2.102 times
02 Fri Dec 2022 471.10 468.25 473.00 465.65 0.704 times
01 Thu Dec 2022 467.70 475.90 479.70 465.35 1.117 times
30 Wed Nov 2022 473.45 473.95 478.00 465.50 0.679 times
29 Tue Nov 2022 467.55 467.00 475.75 465.30 0.422 times
28 Mon Nov 2022 472.00 464.80 481.45 464.80 0.707 times
25 Fri Nov 2022 470.20 470.15 475.40 466.50 0.942 times
24 Thu Nov 2022 473.65 452.00 474.80 452.00 1.052 times
23 Wed Nov 2022 452.00 464.75 465.00 450.15 0.883 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 475.7 as stoploss in an intra day sell trade for a target of 465.06. However, stock will show a bullish move above 475.7.

Share price targets for Sumichem (Sumichem)

Target Type Value
Downside Target 441.70
Downside Target 464.80
Upside Target 475.70
Upside Target 481.45
Upside Target 491.00
Upside Target 494.00
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 466.13
Downside Intraday Target 457.27
Upside Intraday Target 488.93
Upside Intraday Target 502.87
Upside Intraday Target 480.07

Weekly technical analysis of Sumichem (Sumichem)

Date Weekly Closing Price Open High Low Volume
06 Tue Dec 2022 475.00 471.20 494.00 471.20 0.888 times
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

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
06 Tue Dec 2022 475.00 475.90 494.00 465.35 0.255 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 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 26, 10, 46 Buy
MACD -6, -10Buy
Stochastics 75Buy
CCI 116Sell
RSI 51Buy
OBV -92098Sell
VWAP 474Buy
ADL 0Sell
ROC 5Buy
Force Index 0Sell

Price action analysis of Sumichem ( (Sumichem) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Sumichem ( (Sumichem) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 Strong 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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red 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 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 474.28 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.

Click here for Sumichem charts

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Daily charts

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Daily chart

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