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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 2022-05-13 View latest technical analysis

10 day averaged volume of Sumichem is 68225

Date Daily Closing Price Open High Low Volume
13 Fri May 2022 415.00 419.90 425.90 411.70 0.243 times
12 Thu May 2022 411.85 405.00 419.35 402.35 0.587 times
11 Wed May 2022 412.10 419.00 422.95 395.65 1.173 times
10 Tue May 2022 420.65 421.00 437.35 410.00 0.31 times
09 Mon May 2022 427.30 426.55 442.10 425.70 0.788 times
06 Fri May 2022 439.85 437.70 446.10 426.00 0.532 times
05 Thu May 2022 437.95 455.00 464.75 434.90 1.958 times
04 Wed May 2022 451.10 443.00 476.70 442.00 3.802 times
02 Mon May 2022 436.05 430.00 440.00 422.85 0.25 times
29 Fri Apr 2022 429.05 431.80 437.15 425.00 0.316 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 416.7, but if it comes above 416.7, then a intra day buy could be more profitable.
If you take a sell trade below 416.7, then use 416.7 as stoploss and 405.2 as target. However if you take a buy trade in stock , then use 416.7 as stoploss and 426.29 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 393.07
Downside Intraday Target 371.13
Upside Intraday Target 439.52
Upside Intraday Target 464.03
Upside Intraday Target 417.58

Weekly technical analysis of Sumichem (Sumichem)

Date Weekly Closing Price Open High Low Volume
13 Fri May 2022 415.00 426.55 442.10 395.65 0.474 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
13 Fri May 2022 415.00 430.00 476.70 395.65 1.349 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 19, 21, 6 Sell
MACD 4, 8Sell
Stochastics 21Sell
CCI -71Buy
RSI 50Buy
OBV 26676Sell
VWAP 436Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

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 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 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 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 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 moving up

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 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 436.22 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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Daily charts

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Daily chart

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