(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 2022-05-16 View latest technical analysis
10 day averaged volume of Sumichem is 67941
|Date||Daily Closing Price||Open||High||Low||Volume|
|16 Mon May 2022||423.15||413.90||425.75||410.90||0.346 times|
|13 Fri May 2022||415.00||419.90||425.90||411.70||0.244 times|
|12 Thu May 2022||411.85||405.00||419.35||402.35||0.589 times|
|11 Wed May 2022||412.10||419.00||422.95||395.65||1.178 times|
|10 Tue May 2022||420.65||421.00||437.35||410.00||0.311 times|
|09 Mon May 2022||427.30||426.55||442.10||425.70||0.791 times|
|06 Fri May 2022||439.85||437.70||446.10||426.00||0.534 times|
|05 Thu May 2022||437.95||455.00||464.75||434.90||1.966 times|
|04 Wed May 2022||451.10||443.00||476.70||442.00||3.818 times|
|02 Mon May 2022||436.05||430.00||440.00||422.85||0.252 times|
My analysis of stock is bearish for shortterm, and stock might move down till 416.4 or till 404.9. Use a stoploss of 426 and if the stock hits stoploss, then it can shoot up till 435.58
Share price targets for Sumichem (Sumichem)
Intraday share price targets for Sumichem (Sumichem)
|Downside Intraday Target||414.12|
|Downside Intraday Target||405.08|
|Upside Intraday Target||428.97|
|Upside Intraday Target||434.78|
|Downside Intraday Target||419.93|
Weekly technical analysis of Sumichem (Sumichem)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|16 Mon May 2022||423.15||413.90||425.75||410.90||0.111 times|
|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|
Price has moved up 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|
|16 Mon May 2022||423.15||430.00||476.70||395.65||1.397 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, 20, 7||Sell|
Price action analysis of Sumichem ( (Sumichem) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 and the buying is gaining 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 436 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.