(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 2022-05-11 View latest technical analysis
10 day averaged volume of Sumichem is 58769
|Date||Daily Closing Price||Open||High||Low||Volume|
|11 Wed May 2022||412.10||419.00||422.95||395.65||1.361 times|
|10 Tue May 2022||420.65||421.00||437.35||410.00||0.36 times|
|09 Mon May 2022||427.30||426.55||442.10||425.70||0.914 times|
|06 Fri May 2022||439.85||437.70||446.10||426.00||0.617 times|
|05 Thu May 2022||437.95||455.00||464.75||434.90||2.273 times|
|04 Wed May 2022||451.10||443.00||476.70||442.00||4.414 times|
|02 Mon May 2022||436.05||430.00||440.00||422.85||0.291 times|
|29 Fri Apr 2022||429.05||431.80||437.15||425.00||0.367 times|
|28 Thu Apr 2022||427.90||422.05||434.00||422.05||0.33 times|
|27 Wed Apr 2022||425.70||430.50||430.50||421.80||0.108 times|
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 408.7, for a target of 419 or 427.56
Share price targets for Sumichem (Sumichem)
Intraday share price targets for Sumichem (Sumichem)
|Downside Intraday Target||391.13|
|Downside Intraday Target||370.17|
|Upside Intraday Target||437.58|
|Upside Intraday Target||463.07|
|Upside Intraday Target||416.62|
Weekly technical analysis of Sumichem (Sumichem)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|11 Wed May 2022||412.10||426.55||442.10||395.65||0.347 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|
|11 Wed May 2022||412.10||430.00||476.70||395.65||1.233 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||18, 25, 16||Sell|
Price action analysis of Sumichem ( (Sumichem) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 to mid 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 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 SELL. 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.
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
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 437.91 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.