(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 2022-05-10 View latest technical analysis
10 day averaged volume of Sumichem is 60309
|Date||Daily Closing Price||Open||High||Low||Volume|
|10 Tue May 2022||420.65||421.00||437.35||410.00||0.351 times|
|09 Mon May 2022||427.30||426.55||442.10||425.70||0.891 times|
|06 Fri May 2022||439.85||437.70||446.10||426.00||0.601 times|
|05 Thu May 2022||437.95||455.00||464.75||434.90||2.215 times|
|04 Wed May 2022||451.10||443.00||476.70||442.00||4.301 times|
|02 Mon May 2022||436.05||430.00||440.00||422.85||0.283 times|
|29 Fri Apr 2022||429.05||431.80||437.15||425.00||0.358 times|
|28 Thu Apr 2022||427.90||422.05||434.00||422.05||0.321 times|
|27 Wed Apr 2022||425.70||430.50||430.50||421.80||0.105 times|
|26 Tue Apr 2022||430.55||428.00||435.50||426.00||0.317 times|
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 420.4 as stoploss in an intra day buy trade for a target of 428.25. However, stock will show a bearish move below 420.4.
Share price targets for Sumichem (Sumichem)
Intraday share price targets for Sumichem (Sumichem)
|Downside Intraday Target||406.4|
|Downside Intraday Target||392.15|
|Upside Intraday Target||438.5|
|Upside Intraday Target||456.35|
|Upside Intraday Target||424.25|
Weekly technical analysis of Sumichem (Sumichem)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|10 Tue May 2022||420.65||426.55||442.10||410.00||0.168 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|
|10 Tue May 2022||420.65||430.00||476.70||410.00||1.069 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||21, 21, 1||Buy|
Price action analysis of Sumichem ( (Sumichem) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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 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 SELL signal in short term and selling is picking up 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 441.19 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 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.