(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 2022-04-27 View latest technical analysis
10 day averaged volume of Sumichem is 22374
|Date||Daily Closing Price||Open||High||Low||Volume|
|27 Wed Apr 2022||425.70||430.50||430.50||421.80||0.283 times|
|26 Tue Apr 2022||430.55||428.00||435.50||426.00||0.856 times|
|25 Mon Apr 2022||424.40||421.85||431.90||421.85||1.634 times|
|22 Fri Apr 2022||427.30||429.00||438.00||424.55||1.199 times|
|21 Thu Apr 2022||419.80||422.25||425.50||418.60||0.452 times|
|20 Wed Apr 2022||419.95||409.00||424.80||409.00||1.387 times|
|19 Tue Apr 2022||416.00||427.95||430.30||405.20||0.934 times|
|18 Mon Apr 2022||424.25||433.90||433.90||421.75||1.049 times|
|13 Wed Apr 2022||429.10||429.90||435.00||426.75||0.969 times|
|12 Tue Apr 2022||425.40||429.95||429.95||416.15||0.733 times|
My analysis of stock is bearish for shortterm, and stock might move down till 420.5 or till 412.8. Use a stoploss of 427.01 and if the stock hits stoploss, then it can shoot up till 433.48
Share price targets for Sumichem (Sumichem)
Intraday share price targets for Sumichem (Sumichem)
|Downside Intraday Target||419.83|
|Downside Intraday Target||413.97|
|Upside Intraday Target||433.53|
|Upside Intraday Target||441.37|
|Upside Intraday Target||427.67|
Weekly technical analysis of Sumichem (Sumichem)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|27 Wed Apr 2022||425.70||421.85||435.50||421.80||0.552 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 down 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|
|27 Wed Apr 2022||425.70||451.00||456.00||405.20||0.734 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||19, 19, 1||Buy|
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 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 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 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 losing momentum.
MACD generated a SELL signal for Sumichem in short term but the sell signal is initial and weak.
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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green 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 424.2 and Sumichem (Sumichem) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Sumichem (Sumichem) stock. Volume based technical analysis of Sumichem (Sumichem) stock is negative.
Sumichem Stock has given negative returns over a short term period. Returns for a longer term period have been positive