(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 2022-05-02 View latest technical analysis
10 day averaged volume of Sumichem is 21532
|Date||Daily Closing Price||Open||High||Low||Volume|
|02 Mon May 2022||436.05||430.00||440.00||422.85||0.794 times|
|29 Fri Apr 2022||429.05||431.80||437.15||425.00||1.002 times|
|28 Thu Apr 2022||427.90||422.05||434.00||422.05||0.9 times|
|27 Wed Apr 2022||425.70||430.50||430.50||421.80||0.294 times|
|26 Tue Apr 2022||430.55||428.00||435.50||426.00||0.889 times|
|25 Mon Apr 2022||424.40||421.85||431.90||421.85||1.698 times|
|22 Fri Apr 2022||427.30||429.00||438.00||424.55||1.245 times|
|21 Thu Apr 2022||419.80||422.25||425.50||418.60||0.469 times|
|20 Wed Apr 2022||419.95||409.00||424.80||409.00||1.442 times|
|19 Tue Apr 2022||416.00||427.95||430.30||405.20||0.97 times|
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 436.5, for a target of 431.1 or 426.6
Share price targets for Sumichem (Sumichem)
Intraday share price targets for Sumichem (Sumichem)
|Downside Intraday Target||425.93|
|Downside Intraday Target||415.82|
|Upside Intraday Target||443.08|
|Upside Intraday Target||450.12|
|Downside Intraday Target||432.97|
Weekly technical analysis of Sumichem (Sumichem)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|02 Mon May 2022||436.05||430.00||440.00||422.85||0.166 times|
|29 Fri Apr 2022||429.05||421.85||437.15||421.80||0.917 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|
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 Mon May 2022||436.05||430.00||440.00||422.85||0.035 times|
|29 Fri Apr 2022||429.05||451.00||456.00||405.20||0.801 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|
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||20, 13, 20||Buy|
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 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 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 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 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 and the buying is gaining 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 425.41 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.