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(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 2022-05-05 View latest technical analysis

10 day averaged volume of Sumichem is 44746

Date Daily Closing Price Open High Low Volume
05 Thu May 2022 437.95 455.00 464.75 434.90 2.985 times
04 Wed May 2022 451.10 443.00 476.70 442.00 5.797 times
02 Mon May 2022 436.05 430.00 440.00 422.85 0.382 times
29 Fri Apr 2022 429.05 431.80 437.15 425.00 0.482 times
28 Thu Apr 2022 427.90 422.05 434.00 422.05 0.433 times
27 Wed Apr 2022 425.70 430.50 430.50 421.80 0.142 times
26 Tue Apr 2022 430.55 428.00 435.50 426.00 0.428 times
25 Mon Apr 2022 424.40 421.85 431.90 421.85 0.817 times
22 Fri Apr 2022 427.30 429.00 438.00 424.55 0.599 times
21 Thu Apr 2022 419.80 422.25 425.50 418.60 0.226 times

Stock of Sumichem (Sumichem) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 435.1, but if it comes below 435.1, then a intra day sell could be more profitable.
If you take a sell trade below 435.1, then use 435.1 as stoploss and 427.87 as target. However if you take a buy trade in stock , then use 435.1 as stoploss and 443.7 as target.

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
Downside Target 437.15
Upside Target 438.00
Upside Target 442.00
Upside Target 452.80
Upside Target 456.00
Upside Target 476.70

Intraday share price targets for Sumichem (Sumichem)

Target Type Value
Downside Intraday Target 414.97
Downside Intraday Target 391.98
Upside Intraday Target 468.82
Upside Intraday Target 499.68
Upside Intraday Target 445.83

Weekly technical analysis of Sumichem (Sumichem)

Date Weekly Closing Price Open High Low Volume
05 Thu May 2022 437.95 430.00 476.70 422.85 3.981 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Sumichem (Sumichem)

Date Monthly Closing Price Open High Low Volume
05 Thu May 2022 437.95 430.00 476.70 422.85 0.841 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 31, 12, 43 Buy
MACD 15, 13Buy
Stochastics 61None
CCI 118Sell
RSI 55Buy
OBV 133378Sell
VWAP 441Sell
ADL 0Sell
ROC 4Buy
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 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 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 Strong and stock is losing momentum.

MACD generated a BUY signal for Sumichem in short term and the buy signal is strong.

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 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 441.24 and Sumichem (Sumichem) stock is trading below this level. This means that stock is falling with high volumes. 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

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Daily charts

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Daily chart

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