(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 2022-05-09 View latest technical analysis
10 day averaged volume of Sumichem is 57617
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Mon May 2022 | 427.30 | 426.55 | 442.10 | 425.70 | 0.933 times |
| 06 Fri May 2022 | 439.85 | 437.70 | 446.10 | 426.00 | 0.629 times |
| 05 Thu May 2022 | 437.95 | 455.00 | 464.75 | 434.90 | 2.318 times |
| 04 Wed May 2022 | 451.10 | 443.00 | 476.70 | 442.00 | 4.502 times |
| 02 Mon May 2022 | 436.05 | 430.00 | 440.00 | 422.85 | 0.297 times |
| 29 Fri Apr 2022 | 429.05 | 431.80 | 437.15 | 425.00 | 0.374 times |
| 28 Thu Apr 2022 | 427.90 | 422.05 | 434.00 | 422.05 | 0.336 times |
| 27 Wed Apr 2022 | 425.70 | 430.50 | 430.50 | 421.80 | 0.11 times |
| 26 Tue Apr 2022 | 430.55 | 428.00 | 435.50 | 426.00 | 0.332 times |
| 25 Mon Apr 2022 | 424.40 | 421.85 | 431.90 | 421.85 | 0.635 times |
My analysis of stock is bearish for shortterm, and stock might move down till 420.9 or till 411.8. Use a stoploss of 428.56 and if the stock hits stoploss, then it can shoot up till 436.19
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 |
| Upside Target | 435.00 |
| Upside Target | 437.15 |
| Upside Target | 438.00 |
| Upside Target | 442.10 |
| 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 | 421.3 |
| Downside Intraday Target | 415.3 |
| Upside Intraday Target | 437.7 |
| Upside Intraday Target | 448.1 |
| Upside Intraday Target | 431.7 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Mon May 2022 | 427.30 | 426.55 | 442.10 | 425.70 | 0.12 times |
| 06 Fri May 2022 | 439.85 | 430.00 | 476.70 | 422.85 | 4.334 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 |
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 |
| 09 Mon May 2022 | 427.30 | 430.00 | 476.70 | 422.85 | 1.025 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 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 | 25, 15, 26 | Buy |
| MACD | 13, 13 | Sell |
| Stochastics | 25 | Sell |
| CCI | -26 | Sell |
| RSI | 50 | Buy |
| OBV | 166603 | Sell |
| VWAP | 441 | Sell |
| ADL | 0 | Sell |
| ROC | 0 | Sell |
| Force Index | 0 | Sell |
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 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 SELL signal for Sumichem in short term but the sell signal is initial and weak.
Sumichem Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Sumichem in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 440.89 and Sumichem (Sumichem) stock is trading below this level. This means that stock is falling with high volumes. 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
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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