(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 2022-05-12 View latest technical analysis
10 day averaged volume of Sumichem is 64855
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Thu May 2022 | 411.85 | 405.00 | 419.35 | 402.35 | 0.617 times |
| 11 Wed May 2022 | 412.10 | 419.00 | 422.95 | 395.65 | 1.234 times |
| 10 Tue May 2022 | 420.65 | 421.00 | 437.35 | 410.00 | 0.326 times |
| 09 Mon May 2022 | 427.30 | 426.55 | 442.10 | 425.70 | 0.829 times |
| 06 Fri May 2022 | 439.85 | 437.70 | 446.10 | 426.00 | 0.559 times |
| 05 Thu May 2022 | 437.95 | 455.00 | 464.75 | 434.90 | 2.06 times |
| 04 Wed May 2022 | 451.10 | 443.00 | 476.70 | 442.00 | 4 times |
| 02 Mon May 2022 | 436.05 | 430.00 | 440.00 | 422.85 | 0.264 times |
| 29 Fri Apr 2022 | 429.05 | 431.80 | 437.15 | 425.00 | 0.333 times |
| 28 Thu Apr 2022 | 427.90 | 422.05 | 434.00 | 422.05 | 0.299 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 417.6, but if it comes above 417.6, then a intra day buy could be more profitable.
If you take a sell trade below 417.6, then use 417.6 as stoploss and 406.5 as target. However if you take a buy trade in stock , then use 417.6 as stoploss and 426.81 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 | 395.65 |
| Downside Target | 405.20 |
| Upside Target | 416.15 |
| Upside Target | 435.00 |
| 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 | 390.97 |
| Downside Intraday Target | 370.08 |
| Upside Intraday Target | 437.42 |
| Upside Intraday Target | 462.98 |
| Upside Intraday Target | 416.53 |
Weekly technical analysis of Sumichem (Sumichem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Thu May 2022 | 411.85 | 426.55 | 442.10 | 395.65 | 0.437 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 |
| 12 Thu May 2022 | 411.85 | 430.00 | 476.70 | 395.65 | 1.315 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 | 17, 23, 16 | Sell |
| MACD | 5, 10 | Sell |
| Stochastics | 19 | Sell |
| CCI | -128 | Buy |
| RSI | 51 | Buy |
| OBV | 27761 | Sell |
| VWAP | 437 | Sell |
| ADL | 0 | Sell |
| ROC | -3 | Sell |
| Force Index | 0 | 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 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 to mid 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 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 weakening, and bulls are picking up momentum!
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 buy signal for Sumichem in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 436.5 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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