Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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)

Target Type Value
Downside Target 341.20
Downside Target 355.00
Downside Target 365.75
Downside Target 405.20
Downside Target 416.15
Downside Target 435.00
Upside Target 437.15
Upside Target 438.00
Upside Target 440.00
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 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
MACD 12, 12Sell
Stochastics 77Buy
CCI 106Buy
RSI 56Buy
OBV -5148Sell
VWAP 425Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

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.

Click here for Sumichem charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme