(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 35234
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Wed Dec 2022 | 479.75 | 478.95 | 485.50 | 475.15 | 0.789 times |
| 06 Tue Dec 2022 | 475.00 | 492.35 | 492.35 | 473.45 | 1.152 times |
| 05 Mon Dec 2022 | 492.35 | 471.20 | 494.00 | 471.20 | 2.161 times |
| 02 Fri Dec 2022 | 471.10 | 468.25 | 473.00 | 465.65 | 0.723 times |
| 01 Thu Dec 2022 | 467.70 | 475.90 | 479.70 | 465.35 | 1.148 times |
| 30 Wed Nov 2022 | 473.45 | 473.95 | 478.00 | 465.50 | 0.698 times |
| 29 Tue Nov 2022 | 467.55 | 467.00 | 475.75 | 465.30 | 0.434 times |
| 28 Mon Nov 2022 | 472.00 | 464.80 | 481.45 | 464.80 | 0.727 times |
| 25 Fri Nov 2022 | 470.20 | 470.15 | 475.40 | 466.50 | 0.968 times |
| 24 Thu Nov 2022 | 473.65 | 452.00 | 474.80 | 452.00 | 1.081 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 476.9, but if it comes below 476.9, then a intra day sell could be more profitable.
If you take a sell trade below 476.9, then use 476.9 as stoploss and 465.7 as target. However if you take a buy trade in stock , then use 476.9 as stoploss and 490.2 as target.
Share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Target | 441.70 |
| Downside Target | 464.80 |
| Downside 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 | 469.3 |
| Downside Intraday Target | 458.85 |
| Upside Intraday Target | 492.1 |
| Upside Intraday Target | 504.45 |
| Upside Intraday Target | 481.65 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Wed Dec 2022 | 479.75 | 471.20 | 494.00 | 471.20 | 1.1 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 |
| 07 Wed Dec 2022 | 479.75 | 475.90 | 494.00 | 465.35 | 0.294 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 | 24, 9, 46 | Buy |
| MACD | -5, -9 | Buy |
| Stochastics | 73 | Buy |
| CCI | 85 | Sell |
| RSI | 50 | Buy |
| OBV | -45915 | Sell |
| VWAP | 477 | 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 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 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 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 gaining 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 moving up
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 476.77 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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