(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 2022-05-18 View latest technical analysis
10 day averaged volume of Sumichem is 71004
|Date||Daily Closing Price||Open||High||Low||Volume|
|18 Wed May 2022||441.25||457.00||458.65||439.50||0.441 times|
|17 Tue May 2022||448.55||425.00||451.20||421.80||0.645 times|
|16 Mon May 2022||423.15||413.90||425.75||410.90||0.331 times|
|13 Fri May 2022||415.00||419.90||425.90||411.70||0.233 times|
|12 Thu May 2022||411.85||405.00||419.35||402.35||0.564 times|
|11 Wed May 2022||412.10||419.00||422.95||395.65||1.127 times|
|10 Tue May 2022||420.65||421.00||437.35||410.00||0.298 times|
|09 Mon May 2022||427.30||426.55||442.10||425.70||0.757 times|
|06 Fri May 2022||439.85||437.70||446.10||426.00||0.511 times|
|05 Thu May 2022||437.95||455.00||464.75||434.90||1.881 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 439.3, but if it comes below 439.3, then a intra day sell could be more profitable.
If you take a sell trade below 439.3, then use 439.3 as stoploss and 428.47 as target. However if you take a buy trade in stock , then use 439.3 as stoploss and 452.3 as target.
Share price targets for Sumichem (Sumichem)
Intraday share price targets for Sumichem (Sumichem)
|Downside Intraday Target||415.22|
|Downside Intraday Target||389.18|
|Upside Intraday Target||462.97|
|Upside Intraday Target||484.68|
|Downside Intraday Target||436.93|
Weekly technical analysis of Sumichem (Sumichem)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|18 Wed May 2022||441.25||413.90||458.65||410.90||0.476 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|
|18 Wed May 2022||441.25||430.00||476.70||395.65||1.555 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 up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Sumichem (Sumichem)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||29, 15, 31||Buy|
Price action analysis of Sumichem ( (Sumichem) ) based on a short 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 short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Sumichem ( (Sumichem) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Sumichem in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sumichem Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 buy signal for Sumichem in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 429.4 and Sumichem (Sumichem) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.