(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)
Showing technical analysis as on 2022-04-26 View latest technical analysis
10 day averaged volume of Sumichem is 23889
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Tue Apr 2022 | 430.55 | 428.00 | 435.50 | 426.00 | 0.801 times |
| 25 Mon Apr 2022 | 424.40 | 421.85 | 431.90 | 421.85 | 1.53 times |
| 22 Fri Apr 2022 | 427.30 | 429.00 | 438.00 | 424.55 | 1.123 times |
| 21 Thu Apr 2022 | 419.80 | 422.25 | 425.50 | 418.60 | 0.423 times |
| 20 Wed Apr 2022 | 419.95 | 409.00 | 424.80 | 409.00 | 1.299 times |
| 19 Tue Apr 2022 | 416.00 | 427.95 | 430.30 | 405.20 | 0.875 times |
| 18 Mon Apr 2022 | 424.25 | 433.90 | 433.90 | 421.75 | 0.982 times |
| 13 Wed Apr 2022 | 429.10 | 429.90 | 435.00 | 426.75 | 0.907 times |
| 12 Tue Apr 2022 | 425.40 | 429.95 | 429.95 | 416.15 | 0.687 times |
| 11 Mon Apr 2022 | 426.75 | 429.90 | 434.80 | 426.00 | 0.738 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 433.4 as stoploss in an intra day sell trade for a target of 426.56. However, stock will show a bullish move above 433.4.
Share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Target | 341.20 |
| Downside Target | 355.00 |
| Downside Target | 365.75 |
| Downside Target | 395.45 |
| Downside Target | 405.20 |
| Downside Target | 416.15 |
| Upside Target | 435.00 |
| Upside Target | 435.50 |
| Upside Target | 438.00 |
| Upside Target | 442.00 |
| Upside Target | 452.80 |
| Upside Target | 456.00 |
Intraday share price targets for Sumichem (Sumichem)
| Target Type | Value |
| Downside Intraday Target | 423.1 |
| Downside Intraday Target | 415.65 |
| Upside Intraday Target | 436.75 |
| Upside Intraday Target | 442.95 |
| Downside Intraday Target | 429.3 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Tue Apr 2022 | 430.55 | 421.85 | 435.50 | 421.85 | 0.496 times |
| 22 Fri Apr 2022 | 427.30 | 433.90 | 438.00 | 405.20 | 2.016 times |
| 13 Wed Apr 2022 | 429.10 | 429.90 | 435.00 | 416.15 | 0.398 times |
| 08 Fri Apr 2022 | 426.00 | 442.00 | 442.00 | 422.20 | 0.481 times |
| 01 Fri Apr 2022 | 434.05 | 402.75 | 456.00 | 395.45 | 2.617 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 |
| 26 Tue Apr 2022 | 430.55 | 451.00 | 456.00 | 405.20 | 0.724 times |
| 31 Thu Mar 2022 | 449.55 | 380.00 | 452.80 | 355.00 | 0.953 times |
| 28 Mon Feb 2022 | 377.00 | 391.15 | 424.50 | 341.20 | 0.975 times |
| 31 Mon Jan 2022 | 390.15 | 386.00 | 407.00 | 365.75 | 1.376 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 | 20, 17, 10 | Buy |
| MACD | 12, 13 | Sell |
| Stochastics | 68 | None |
| CCI | 86 | Buy |
| RSI | 59 | Buy |
| OBV | 74117 | Sell |
| VWAP | 424 | Buy |
| ADL | 0 | Sell |
| ROC | 1 | 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Sumichem ( (Sumichem) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Sumichem ( (Sumichem) ) based on a mid to longer 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.
ADX buy sell signal for Sumichem stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Sumichem in short term but the sell 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 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
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 424.36 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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